As part of the deal, Webull will also acquire Mexican brokerage Vifaru Casa de Bolsa.
The customers will continue trading US stocks through their platform, with Webull planning to expand the offerings.
Webull
Corporation, the entity behind the Webull trading platform with a global
download count exceeding 40 million, has finalized the acquisition of all
outstanding shares of Miflink S.A.P.I. de C.V. (Flink).
Mexican
Market Launch: Focus on Technology-Based Solutions
Flink,
headquartered in Mexico City, provides Mexican customers with the chance to
invest in fractional shares of US listed companies without incurring
commissions.
Ruben
Guerrero, the Head of Latin America at Webull, commented on the launch in Mexico,
highlighting the young and vibrant population in the market and their demand
for technology-based wealth-building solutions. Webull plans to enhance Flink's platform by
integrating its technology and introducing local Mexican investment and cash
management products in the coming months.
Flink's
customers will retain access to trading US stocks over the Flink platform.
Webull aims to broaden Flink's offering by providing a broader set of
investment products, user-friendly technology, and customer support. Additionally, as a part of the transaction, Webull gains ownership
of Mexican brokerage Vifaru Casa de Bolsa, pending regulatory approval from
Mexico's CNBV, a purchase initially agreed upon by Flink in May 2022.
Webull, known for its mobile
trading platform, initially launched in the US in 2018. Similarly, Flink started
in 2018 in Mexico as one of the first investment platforms allowing Mexican
investors access to US markets.
Anthony
Denier, the Head of the Americas and Europe for Webull, stated: "We are
excited to launch our expansion into the Latin American market with the
acquisition of Flink. Given our success in the United States and the
establishment of our global headquarters in St. Petersburg, Florida, the
Mexican market is a natural next step in our efforts to democratize finance for
investors across the world.”
“We
anticipate using Mexico as a springboard into greater Latin and South America,
where we believe there is a strong desire among retail investors to access
global markets."
Webull
Expands Global Reach with Entry into Indonesian Market
Bernard
Teo, the Head of Asia-Pacific at Webull, expressed confidence in the significant
potential of the Indonesian market. In July, Webull also launched its
operations in the United Kingdom, offering US-listed equities and fractional
shares. Denier showed optimism about the UK market and hinted
at tailored product offerings. Additionally, Webull expanded its presence in
the Asia Pacific region with retail brokerage services in Australia, following
successful launches in Hong Kong and Singapore.
Webull
Corporation, the entity behind the Webull trading platform with a global
download count exceeding 40 million, has finalized the acquisition of all
outstanding shares of Miflink S.A.P.I. de C.V. (Flink).
Mexican
Market Launch: Focus on Technology-Based Solutions
Flink,
headquartered in Mexico City, provides Mexican customers with the chance to
invest in fractional shares of US listed companies without incurring
commissions.
Ruben
Guerrero, the Head of Latin America at Webull, commented on the launch in Mexico,
highlighting the young and vibrant population in the market and their demand
for technology-based wealth-building solutions. Webull plans to enhance Flink's platform by
integrating its technology and introducing local Mexican investment and cash
management products in the coming months.
Flink's
customers will retain access to trading US stocks over the Flink platform.
Webull aims to broaden Flink's offering by providing a broader set of
investment products, user-friendly technology, and customer support. Additionally, as a part of the transaction, Webull gains ownership
of Mexican brokerage Vifaru Casa de Bolsa, pending regulatory approval from
Mexico's CNBV, a purchase initially agreed upon by Flink in May 2022.
Webull, known for its mobile
trading platform, initially launched in the US in 2018. Similarly, Flink started
in 2018 in Mexico as one of the first investment platforms allowing Mexican
investors access to US markets.
Anthony
Denier, the Head of the Americas and Europe for Webull, stated: "We are
excited to launch our expansion into the Latin American market with the
acquisition of Flink. Given our success in the United States and the
establishment of our global headquarters in St. Petersburg, Florida, the
Mexican market is a natural next step in our efforts to democratize finance for
investors across the world.”
“We
anticipate using Mexico as a springboard into greater Latin and South America,
where we believe there is a strong desire among retail investors to access
global markets."
Webull
Expands Global Reach with Entry into Indonesian Market
Bernard
Teo, the Head of Asia-Pacific at Webull, expressed confidence in the significant
potential of the Indonesian market. In July, Webull also launched its
operations in the United Kingdom, offering US-listed equities and fractional
shares. Denier showed optimism about the UK market and hinted
at tailored product offerings. Additionally, Webull expanded its presence in
the Asia Pacific region with retail brokerage services in Australia, following
successful launches in Hong Kong and Singapore.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
🐦 Twitter: https://twitter.com/F_M_events
🎥 TikTok: https://www.tiktok.com/@fmevents_official
▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!