NY-FINVASIA-GROUP
FINVASIA Group announced today that it has acquired ActTrader Technologies (formerly ActForex) , a pioneer in building financial technology products for over 20 years.
ActTrader was among the world's first "Fintech" companies, well before the buzzword "FinTech" got glamorized. From building the first ever online retail forex trading application back in 2000 to launching the first ever WAP based mobile trading app in 2004, they've grown to build disruptive multi-asset financial technology products that have been trusted by millions of traders worldwide.
ActTrader has a strong heritage as a Fintech solution provider, drawing on 20+ years of operational excellence. It was founded in year 2000 in United States of America and has served almost over 2 million retail traders in over 100 countries. The company has processed over $400 trillion in transaction volume and has acted as the core technology provider to some of the largest financial institutions in the world.
FINVASIA Group is a multi-disciplinary, multinational organization that owns multiple brands in the financial services, fintech, blockchain and technology sectors. Finvasia, along with its subsidiaries and sister concerns, is registered with a gamut of regulatory bodies across the world in various capacities. They have been the torch bearer for introducing commission free investment ecosystem forcing established brokers to offer commission free trading services. Recently, Finvasia acquired Fxview, a Cyprus-based financial services company, to expand its presence in the European market.
"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. "Uniting our companies will allow us to drive new innovations and create fintech solutions that not only address today's requirements but are also flexible enough to meet tomorrow’s technological advances.”
Together, they envisage to build the next generation of the blockchain and AI based trading applications, a unique social trading platform, robust risk management and liquidity management solutions, variety of plug-ins and business intelligence tools that will challenge industry standards and extend the frontier of Fintech industry. This deal brings together two major Fintech players under one umbrella.
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.
Founder and CEO of ActTrader Technologies, Ilya Sorokin stated, " This acquisition broadens our footprint and strengthens our ability to serve new clients, well and long into the future. As we continue to grow and expand, the ability to provide our clients with innovative next-gen financial technology products is a significant step in our journey."
About ActTrader
ActTrader has been at the forefront of the fintech industry since the launch of its flagship trading application – ActTrader™ (formerly ActForex). From its beginnings in 2000, it has offered superior technology solutions and has grown to build provide multi-asset financial technology products that have been trusted by millions of traders and hundreds of brokers worldwide.
Its broad portfolio of end-to-end trading technology products has helped FX Brokers, ECN Venues and financial institutions transform their trading operations.
Know more: https://acttrader.com/
About FINVASIA Group
FINVASIA is a multi-disciplinary, multinational organization that invests in technology-oriented businesses and products. It is registered with a gamut of regulatory bodies across the world in various capacities. Finvasia (along with its subsidiaries and sister concerns) is registered with SEC, USA (152771), CYSEC, Cyprus (367/18), FCA, UK (850138), BaFin, Germany (157125), ACPR, France (85051), CONSOB, Italy (5151), CNVM, Spain (4892), Finanstilsynet, Norway (FT00118545)
In India, Finvasia is registered with Reserve Bank of India as an NBFC, National Stock Exchange of India as Professional Clearing member (M51912), Bombay Stock Exchange (4043), Multi Commodity Exchange of India (55135) and NCDEX as Trading Member (01259), Association of Mutual Funds of India (103331) and CDSL as Depository Participant (12084300).
Know more: https://finvasia.com/
View source version on businesswire.com: https://www.businesswire.com/news/home/20210719005554/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Combined Shareholders’ Meeting of June 19, 2025: All Submitted Resolutions Were Adopted20.6.2025 07:00:00 CEST | Press release
The Combined Shareholders’ Meeting of Bureau Veritas (the "Company"), chaired by Mr. Laurent Mignon, Chairman of the Board of directors, was held today at the Company’s head office. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250619834393/en/ Hinda Gharbi, CEO Bureau Veritas All resolutions submitted to the Shareholders’ Meeting were adopted at a large majority, including: The approval of the statutory and consolidated financial statements for the financial year ending on December 31, 2024, and the approval of a dividend distribution of €0.90 per share to be paid in cash on July 3, 2025 (ex-date on July 1, 2025) on positions closed on July 2, 2025; The approval of a related-party agreement concerning the Company’s participation in Wendel’s share placement (acquisition by the Company of its own shares); The approval of the report on Corporate Officers’ compensation; The approval of fixed, variable and extraordinary compone
Hanshow Showcases Retail Media and Store Intelligence at 2025 CGF Global Summit19.6.2025 17:00:00 CEST | Press release
Hanshow, a global leader in digital retail solutions, underscored its leadership in AI, IoT, and Retail Media at the 2025 Global Summit of the Consumer Good Forum (CGF), held from June 11 to 13 at RAI Amsterdam. From an immersive ‘Future Store’ showcase in the I-Zone to moderating one of the Summit’s most anticipated panel discussions, Hanshow demonstrated how its integrated platform is driving the next wave of store transformation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250619798164/en/ Inside the Future Store: Hanshow’s Real-Time Innovation at I-Zone At Booth No.8 in the I-Zone, Hanshow presented an interactive showcase themed “Powering Your Future Store,” highlighting four core pillars of the future store: real-time pricing and shelf operations powered by ESLs; smart carts that enhance the shopping experience with autonomous navigation and seamless checkout; GenAI-enabled journeys offering contextual promotions an
Grid Dynamics to Unveil Robotic Inspection Solution at Automatica 202519.6.2025 15:15:00 CEST | Press release
Key Takeaways: At Automatica 2025, Grid Dynamics will present TPGen—an AI robotic solution developed in partnership with Wandelbots to automate industrial robotic workflows that involve complex programming. The new solution dramatically reduces programming time—transforming what typically takes weeks of manual robot programming and analysis into automated processes completed in minutes through automatic tool-path generation based on CAD models. TPGen is built on top of the Wandelbots NOVA platform which enables seamless integration with a broad range of robotic manipulators. Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (Grid Dynamics)—a leading provider of technology consulting, platform and product engineering, AI, and digital‑engagement services—today announced it will showcase its TPGen robotic solution at Automatica 2025, the world's leading event for smart automation and robotics taking place in Munich, Germany from June 24-27, 2025. The TPGen solution from Grid Dynamics, developed
Experian Accelerates Migration to AWS to Drive Innovation with Generative AI19.6.2025 15:00:00 CEST | Press release
Global data and technology leader expands its cloud footprint to enhance performance and reliability, using AWS analytics and AI capabilities to give financial organizations access to real-time intelligence Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Experian, a global data and technology company, is embarking on the next phase of its cloud migration and has selected AWS as its preferred cloud. By leveraging AWS’s advanced cloud capabilities, Experian can provide faster, more scalable solutions that empower clients with deeper insights and more secure data services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250619029263/en/ Experian's cloud first strategy, in partnership with AWS, accelerates innovation by enhancing performance, scalability, and reliability, while enabling the company to better serve its clients with innovative products and solutions. By migrating of
Greenland Resources Receives 30-Year Exploitation License for Molybdenum and Magnesium19.6.2025 14:52:00 CEST | Press release
Greenland Resources Inc. (Cboe CA: MOLY | FSE: M0LY) and its fully owned Greenlandic subsidiary Greenland Resources A/S (“Greenland Resources” or the “Company”) is pleased to announce that today the Greenland’s Minister for Business, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen, together with Dr. Ruben Shiffman, Chairman of the Board of Directors of Greenland Resources, signed a 30-year exploitation permit for molybdenum and magnesium for the Company’s Malmbjerg project in east Greenland (now defined as the Piiaaffik Høstakken). The Company can apply to extend the licence period up to 50-years. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250619915614/en/ Naalakkersuisut's Minister for Business, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen, stated at the handover ceremony: "It is with great satisfaction that the Greenland Government can grant another exploit
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom