LeapRate Exclusive… LeapRate has learned via regulatory filings made in Switzerland and the UK that social trading and CFDs broker Ayondo has invested £850,000 (USD $1.1 million) more into its FCA regulated UK arm Ayondo Markets Limited.
The move was made to help the support and provide additional capital to Ayondo Markets, which apparently is doing an increased amount of business lately. Ayondo Markets acts as the main execution arm for other Ayondo group companies.
The cash was invested from Ayondo Holding AG in Switzerland, via UK holding company Sycap Group (UK) Limited.
Robert Lempka, Ayondo CEO
Ayondo is headed by co-founders Thomas Winkler (Chairman) and Robert Lempka (CEO).
This marks the second significant internal fundraising for Ayondo Markets lately. Late last year £2.7 million was invested into Ayondo Markets, for similar reasons.
The Ayondo group is still very much in expansion mode globally. In November Ayondo acquired Singapore investor education app TradeHero for an undisclosed amount. And the company is still moving forward with plans to go public on the SGX in Singapore, via a reverse takeover of an already-listed company. The company announced those plans more than a year ago. However, we understand from sources at the company that Ayondo is targeting to move forward with that transaction within the next couple of months.