Finvasia Group Announces Acquisition of Fxview

Finvasia Group announced today that it has acquired Cyprus-based financial services provider, Fxview for an undisclosed amount. Fxview offers trading services in multiple assets, including FX and commodities.

According to the press release, Finvasia has acquired a 100% stake in Fxview to expand its portfolio. The Group is planning to develop a strong presence in the European market through the latest acquisition.

Fxview is headquartered in Limassol, and Charlgate Ltd is operating the brand. In 2020, Finance Magnates reported about the acquisition of Fxview by Charlgate Ltd.

Commenting on the latest announcement, Sarvjeet Virk, Managing Director of Finvasia Group, said: “We’re delighted to add Fxview to our portfolio. Europe remains a key strategic priority for our business. Fxview’s acquisition gives us a significant presence in the European market, complementing our already well-established operations in the United Kingdom.”

Finvasia Group is the owner of different brands in fintech, financial services and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term. The Group has offices in different locations around the world, including Australia, Cyprus, India and the UK.

“Since we started, our goal has been to provide our clients with the best possible Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term trading resources and experience, which is backed by state of the art technology. Finvasia is a global leader in the Fintech space, and we believe this acquisition by Finvasia Group is the best way for Fxview to continue to fulfil that mission,” Daniela Egli, Executive Director of Charlgate Ltd, commented.

Fxview

Finvasia highlighted the growing popularity of Fxview across different regions including LATAM, Asia and Africa since the start of this year. “Over last six months, Fxview has hosted over 2 million unique users on its website and is gaining popularity swiftly across the EU, Asia, LATAM and the Africa region. The company provides clients a comprehensive trading experience by offering low commissions, thin spreads, multiple platforms & trading tools and a clutter-free trading environment,” the official press release states.