Finvasia Group today announced the acquisition of social network for trading and investing ZuluTrade. In addition to ZuluTrade, the deal also includes AAAFx, which holds a portfolio management license from HCMC.

Finvasia has been expanding its presence across Europe, North America and Middle-East via various organic and inorganic expansions to create a complete ecosystem that will cater to the needs of retail and institutional investors. As of today, Finvasia owns over a dozen brands in the fintech and financial services industry and touches millions of investors around the world. It has physical presence in more than 5 countries, serves clients in over 150 countries and is regulated by over a dozen regulators across the world.

Sarvjeet Singh Virk, Co-founder & Chief Managing Director, Finvasia Group, said,

“Since Finvasia expanded into Europe, we continue to cement our footprint in this fast-growing and sizable fintech and financial services market. We are excited to acquire ZuluTrade, which further enhances our offering and widens our customer base across Europe and around the world.”

This acquisition enables Finvasia Group to focus on its financial services vertical as it continues to make strides and gain market share through product innovation and leadership.

“At Finvasia, we value creativity and innovation. Our goal is to create an ecosystem that supports the financial needs of an individual across investing, saving, spending and lending. Adding ZuluTrade to our suite of offerings, is another step in creating a wholesome ecosystem that will broaden our technological offerings across institutional and retail investors”, concluded Mr Tajinder Singh, Co-Founder & CEO, Finvasia Group.