London based fintech seizes “major growth opportunity” with Japanese acquisition
Plus500, a London-headquartered fintech group operating proprietary technology-based trading platforms, today announces its entry into the Japanese market through the acquisition of EZ Invest Securities.
EZ Invest is licensed as a Type 1 Financial Instruments Business Operator, regulated by Japan’s Financial Services Agency (FSA) and a member of the Japan Securities Dealers Association (JSDA) and the Financial Futures Association of Japan (FFAJ). EZ Invest’s offering includes CFDs and OTC Foreign Exchange.
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.
Plus500 will apply its considerable financial and technological strength, including its proprietary trading platform and market-leading technological marketing expertise, to scale and develop the business over time.
David Zruia, chief executive officer of Plus500, commented: “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 technological expertise and robust financial capability, I am confident that we will be able to maximize this opportunity.”
Looking to promote your product/service to SME businesses in your region?
Find out how Bdaily can help →