FX trading affiliate Investoo Group just announced that has acquired Invezz.com in order to extend its reach into the financial trading industry.
Founded in 2012, Invezz is a financial news site and peer review marketplace for CFDs, Forex, Shares and more. The site has more than 200,000 unique visitors per month.
The news comes only 1 week after Investoo Group’s purchase of 100ForexBrokers.com.
Adam Grunwerg
Adam Grunwerg, CEO of Investoo Group, said:
It allows us to compete with the big players in the finance industry, while diversifying our product offering into shares, ISAs and other forms of investment services. Next steps include growing our business in new regions and languages such OpcionesBinarias.net.
The Invezz.com acquisition represents Investoo Group’s second major acquisition since receiving a 7-figure investment in December 2016. Since then, the London-based team has grown from 3 to 17 employees.
David Merry
David Merry, Chairman of the Board for Investoo Group added:
Investoo Group has gone from strength to strength in the past 4 months, growing the product range and team with real pace. Invezz is another great acquisition for the company and is the second in a pipeline full of high-potential deals.