BUX fined €1.6M for referral fees violating the inducements ban
In the past, BUX has paid compensations to existing customers, comparison websites and finfluencers for introducing new customers.
In the past, BUX has paid compensations to existing customers, comparison websites and finfluencers for introducing new customers.
BUX will provide its clients across Europe access to SSGA SPDR ETFs as well as educational content on investments.
Salim Sebbata’s hiring seems to indicate that fast-growing Capital.com will increase its focus on acquisitions.
PrimaryBid’s solution has helped over 30 SMEs raise capital from retail investors over the past three years.
BUX UK will be positioned as a sister company of APM Capital aimed at broadening its global footprint.
BUX is now a wholly owned subsidiary of ABN AMRO, and will continue operating as a separate entity.
ABN AMRO’s venture arm, formerly known as ABN AMRO Ventures, was among the first companies to invest in BUX.
Arkadiusz Bujalski joins Zara FX from BUX, where he was Head of Customer Support for BUX’s Stryk CFDs brokerage brand.
Revenues of BUX UK dropped by 83% to £1.5 million in 2022 (from £9.2 million in 2021), leading to a 2022 net loss of £2.3 million.
Zara FX is an offshore broker run (mainly) from Dubai, targeting traders in the MENA and Asia regions.