After expanding its offerings, XTB has seen its clientele double since late 2021.
The firm's 'Social' service lets users track expert and personal investment strategies.
XTB, a global fintech firm known for its online investing
platform and mobile app, has announced a notable milestone, reaching a customer
base of one million worldwide.
Strategic Expansion Yields Doubling Clientele
This has followed a strategic expansion by XTB into the
realm of Contracts for Difference (CFD), stocks, and Exchange-Traded Funds a little over three years ago. The company has experienced growth, with
its clientele doubling since the close of 2021. This surge is indicative of a
broader global trend where individuals are increasingly seeking to manage their
financial portfolios autonomously.
In 2023, XTB saw an influx of 312,000 new clients utilizing
its app and digital platform to participate in global financial markets. The
company's robust performance throughout the year culminated in record-breaking
results, with consolidated net profits totaling EUR 175 million and revenues
reaching EUR 351 million.
Introduction of Bonds and Social Investment Tracking
Looking ahead, XTB has outlined plans to expand its product
offerings and introduce services catering to a wider audience. With the aim of
evolving from a CFD broker to a comprehensive investment app, the company is
set to introduce bonds as a new asset class in its passive portfolio during Q2 2024. These bonds will encompass government and corporate bonds issued by
reputable global corporations with strong credit ratings.
Furthermore, XTB is set to launch 'Social', a new service
designed to allow customers to track and follow the investment strategies of
both expert traders within the platform and their personal connections.
Initially launched in Poland, Social will provide users with insights into
portfolio composition, risk appetite, and real-time transactions through push
notifications.
Recognizing the growing potential in long-term investing,
XTB plans to introduce a retirement product in Poland during Q3 2024, with
potential expansion into other markets such as the UK, including the Individual
Savings Account program. By the year's end, XTB aims to unveil a product
that enables customers to manage their finances seamlessly on the go. This
offering will feature an integrated virtual wallet coupled with a
multi-currency card, empowering clients to make payments, transfers, currency
exchanges, and investments with ease.
Omar Arnaout, the CEO of XTB, said: “With all the
products that are in our roadmap for this year, doubling the current number of
clients is just a matter of time. In 2024, as we plan to add bonds, retirement
products and an e-wallet with a multi-currency card, we plan to welcome 65-90k
new clients per quarter.”
XTB, a global fintech firm known for its online investing
platform and mobile app, has announced a notable milestone, reaching a customer
base of one million worldwide.
Strategic Expansion Yields Doubling Clientele
This has followed a strategic expansion by XTB into the
realm of Contracts for Difference (CFD), stocks, and Exchange-Traded Funds a little over three years ago. The company has experienced growth, with
its clientele doubling since the close of 2021. This surge is indicative of a
broader global trend where individuals are increasingly seeking to manage their
financial portfolios autonomously.
In 2023, XTB saw an influx of 312,000 new clients utilizing
its app and digital platform to participate in global financial markets. The
company's robust performance throughout the year culminated in record-breaking
results, with consolidated net profits totaling EUR 175 million and revenues
reaching EUR 351 million.
Introduction of Bonds and Social Investment Tracking
Looking ahead, XTB has outlined plans to expand its product
offerings and introduce services catering to a wider audience. With the aim of
evolving from a CFD broker to a comprehensive investment app, the company is
set to introduce bonds as a new asset class in its passive portfolio during Q2 2024. These bonds will encompass government and corporate bonds issued by
reputable global corporations with strong credit ratings.
Furthermore, XTB is set to launch 'Social', a new service
designed to allow customers to track and follow the investment strategies of
both expert traders within the platform and their personal connections.
Initially launched in Poland, Social will provide users with insights into
portfolio composition, risk appetite, and real-time transactions through push
notifications.
Recognizing the growing potential in long-term investing,
XTB plans to introduce a retirement product in Poland during Q3 2024, with
potential expansion into other markets such as the UK, including the Individual
Savings Account program. By the year's end, XTB aims to unveil a product
that enables customers to manage their finances seamlessly on the go. This
offering will feature an integrated virtual wallet coupled with a
multi-currency card, empowering clients to make payments, transfers, currency
exchanges, and investments with ease.
Omar Arnaout, the CEO of XTB, said: “With all the
products that are in our roadmap for this year, doubling the current number of
clients is just a matter of time. In 2024, as we plan to add bonds, retirement
products and an e-wallet with a multi-currency card, we plan to welcome 65-90k
new clients per quarter.”
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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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!
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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Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
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!
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/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
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!
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/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
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!
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/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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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
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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