As part of the deal, Webull will also acquire Mexican brokerage Vifaru Casa de Bolsa.
The customers will continue trading US stocks through their platform, with Webull planning to expand the offerings.
Webull
Corporation, the entity behind the Webull trading platform with a global
download count exceeding 40 million, has finalized the acquisition of all
outstanding shares of Miflink S.A.P.I. de C.V. (Flink).
Mexican
Market Launch: Focus on Technology-Based Solutions
Flink,
headquartered in Mexico City, provides Mexican customers with the chance to
invest in fractional shares of US listed companies without incurring
commissions.
Ruben
Guerrero, the Head of Latin America at Webull, commented on the launch in Mexico,
highlighting the young and vibrant population in the market and their demand
for technology-based wealth-building solutions. Webull plans to enhance Flink's platform by
integrating its technology and introducing local Mexican investment and cash
management products in the coming months.
Flink's
customers will retain access to trading US stocks over the Flink platform.
Webull aims to broaden Flink's offering by providing a broader set of
investment products, user-friendly technology, and customer support. Additionally, as a part of the transaction, Webull gains ownership
of Mexican brokerage Vifaru Casa de Bolsa, pending regulatory approval from
Mexico's CNBV, a purchase initially agreed upon by Flink in May 2022.
Webull, known for its mobile
trading platform, initially launched in the US in 2018. Similarly, Flink started
in 2018 in Mexico as one of the first investment platforms allowing Mexican
investors access to US markets.
Anthony
Denier, the Head of the Americas and Europe for Webull, stated: "We are
excited to launch our expansion into the Latin American market with the
acquisition of Flink. Given our success in the United States and the
establishment of our global headquarters in St. Petersburg, Florida, the
Mexican market is a natural next step in our efforts to democratize finance for
investors across the world.”
“We
anticipate using Mexico as a springboard into greater Latin and South America,
where we believe there is a strong desire among retail investors to access
global markets."
Webull
Expands Global Reach with Entry into Indonesian Market
Bernard
Teo, the Head of Asia-Pacific at Webull, expressed confidence in the significant
potential of the Indonesian market. In July, Webull also launched its
operations in the United Kingdom, offering US-listed equities and fractional
shares. Denier showed optimism about the UK market and hinted
at tailored product offerings. Additionally, Webull expanded its presence in
the Asia Pacific region with retail brokerage services in Australia, following
successful launches in Hong Kong and Singapore.
Webull
Corporation, the entity behind the Webull trading platform with a global
download count exceeding 40 million, has finalized the acquisition of all
outstanding shares of Miflink S.A.P.I. de C.V. (Flink).
Mexican
Market Launch: Focus on Technology-Based Solutions
Flink,
headquartered in Mexico City, provides Mexican customers with the chance to
invest in fractional shares of US listed companies without incurring
commissions.
Ruben
Guerrero, the Head of Latin America at Webull, commented on the launch in Mexico,
highlighting the young and vibrant population in the market and their demand
for technology-based wealth-building solutions. Webull plans to enhance Flink's platform by
integrating its technology and introducing local Mexican investment and cash
management products in the coming months.
Flink's
customers will retain access to trading US stocks over the Flink platform.
Webull aims to broaden Flink's offering by providing a broader set of
investment products, user-friendly technology, and customer support. Additionally, as a part of the transaction, Webull gains ownership
of Mexican brokerage Vifaru Casa de Bolsa, pending regulatory approval from
Mexico's CNBV, a purchase initially agreed upon by Flink in May 2022.
Webull, known for its mobile
trading platform, initially launched in the US in 2018. Similarly, Flink started
in 2018 in Mexico as one of the first investment platforms allowing Mexican
investors access to US markets.
Anthony
Denier, the Head of the Americas and Europe for Webull, stated: "We are
excited to launch our expansion into the Latin American market with the
acquisition of Flink. Given our success in the United States and the
establishment of our global headquarters in St. Petersburg, Florida, the
Mexican market is a natural next step in our efforts to democratize finance for
investors across the world.”
“We
anticipate using Mexico as a springboard into greater Latin and South America,
where we believe there is a strong desire among retail investors to access
global markets."
Webull
Expands Global Reach with Entry into Indonesian Market
Bernard
Teo, the Head of Asia-Pacific at Webull, expressed confidence in the significant
potential of the Indonesian market. In July, Webull also launched its
operations in the United Kingdom, offering US-listed equities and fractional
shares. Denier showed optimism about the UK market and hinted
at tailored product offerings. Additionally, Webull expanded its presence in
the Asia Pacific region with retail brokerage services in Australia, following
successful launches in Hong Kong and Singapore.
ECB Sounds the Alarm on AI in Finance: Regulation Needed
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
Hannelé De Necker, CEO, IFX Brokers | FMAS:24
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa