FINVASIA Group Announces Acquisition of ActTrader
Retrieved on:
Monday, July 19, 2021
FINVASIA Group announced today that it has acquired ActTrader Technologies (formerly ActForex) , a pioneer in building financial technology products for over 20 years.
Key Points:
- FINVASIA Group announced today that it has acquired ActTrader Technologies (formerly ActForex) , a pioneer in building financial technology products for over 20 years.
- FINVASIA Group is a multi-disciplinary, multinational organization that owns multiple brands in the financial services, fintech, blockchain and technology sectors.
- "FINVASIA believes in the democratization of the financial system and believes that technology can lead this change," said Sarvjeet Singh, Managing Director of FINVASIA Group.
- Effective immediately, ActTrader will become a subsidiary under the FINVASIA Group, with Ilya Sorokin continuing as the CEO and all current management and associates remaining in place.