Plus500, an international multi-asset fintech group operating proprietary technology-based trading platforms, today confirmed its entrance into the growing market of Japan with the acquisition of EZ Invest Securities, Co., Ltd. (EZ Invest).
The latest news from Plus500 came nearly 5 weeks after the company secured a new regulatory license in Estonia. To expand its presence globally, Plus500 has increased its efforts significantly since the start of 2021.
Regulated by the Financial Services Agency (FSA) in Japan, EZ Invest is licensed as a Type 1 Financial Instruments Business Operator. The financial services provider is also a member of the Japan Securities Dealers Association (JSDA) and the Financial Futures Association of Japan (FFAJ). EZ Invest offers a broad range of services including CFDs and OTC Foreign Exchange.
“We are delighted to announce our entry into the Japanese market, with the acquisition of EZ Invest. This acquisition represents an important strategic step for Plus500 as we continue to strengthen our position as a global multi-asset fintech group, by further diversifying our geographic footprint. I am excited about the opportunities available in the substantial Japanese retail trading market and, given Plus500’s considerable technical expertise and robust financial capability, I am confident that we will be able to maximize this opportunity,” David Zruia, Chief Executive Officer of Plus500, commented.
Going Global
According to Plus500, the recent acquisition and the expansion of the company’s operations in Japan will drive its global growth. The company is also planning to use its financial strength and technology-driven tools to scale and develop its business in Japan.
“This acquisition represents a major growth opportunity for Plus500 and further strengthens its strategic position as a global multi-asset fintech group, by diversifying the Group’s geographic footprint through an immediate presence in the substantial retail trading market in Japan,” the company explained.
In July 2021, Plus500 announced the completion of Cunningham’s acquisition.
Plus500, an international multi-asset fintech group operating proprietary technology-based trading platforms, today confirmed its entrance into the growing market of Japan with the acquisition of EZ Invest Securities, Co., Ltd. (EZ Invest).
The latest news from Plus500 came nearly 5 weeks after the company secured a new regulatory license in Estonia. To expand its presence globally, Plus500 has increased its efforts significantly since the start of 2021.
Regulated by the Financial Services Agency (FSA) in Japan, EZ Invest is licensed as a Type 1 Financial Instruments Business Operator. The financial services provider is also a member of the Japan Securities Dealers Association (JSDA) and the Financial Futures Association of Japan (FFAJ). EZ Invest offers a broad range of services including CFDs and OTC Foreign Exchange.
“We are delighted to announce our entry into the Japanese market, with the acquisition of EZ Invest. This acquisition represents an important strategic step for Plus500 as we continue to strengthen our position as a global multi-asset fintech group, by further diversifying our geographic footprint. I am excited about the opportunities available in the substantial Japanese retail trading market and, given Plus500’s considerable technical expertise and robust financial capability, I am confident that we will be able to maximize this opportunity,” David Zruia, Chief Executive Officer of Plus500, commented.
Going Global
According to Plus500, the recent acquisition and the expansion of the company’s operations in Japan will drive its global growth. The company is also planning to use its financial strength and technology-driven tools to scale and develop its business in Japan.
“This acquisition represents a major growth opportunity for Plus500 and further strengthens its strategic position as a global multi-asset fintech group, by diversifying the Group’s geographic footprint through an immediate presence in the substantial retail trading market in Japan,” the company explained.
In July 2021, Plus500 announced the completion of Cunningham’s acquisition.
Source: https://www.financemagnates.com/forex/brokers/plus500-enters-japanese-market-acquires-ez-invest-securities/