FX affiliate firm Investoo Group has just announced its latest acquisition in the retail investment space. The acquisition of RoboAdvisors.com marks the company’s expansion into the Portfolio Management industry.
Adam Grunwerg
Investoo Group CEO Adam Grunwerg commented:
Our acquisition of this dynamic robo advisor comparison site represents a major turning point in our company as we expand into the retail investments industry. Robo advisors is a rapidly growing market that we feel will revolutionise the personal investments industry. This acquisition fits nicely into our group of brands, alongside our investment and news portal Invezz.com.
RoboAdvisors.com allows visitors to choose the best robo advisor according to their unique requirements. With ambitions to establish RoboAdvisors.com as the best robo advisor comparison site worldwide, the service will be available on a new, easy to use platform that will set the industry standard.
Investoo Group Chairman, David Merry, said of the acquisition:
This exciting development is part of our commitment to revolutionizing personal finance and investment. We are always looking for growth opportunities to expand our reach into investment niches.
Investoo has acquired 4 brands since December 2016, including SocialTradingGuru.com, Invezz.com, and 100ForexBrokers.com.