Webull, a leading digital investment platform, recently acquired Flink, a Mexican consumer trading platform.
Webull, based in the US, offers low-commission online trading and cash management services, allowing investors to trade international stocks, ETFs, and fractional shares anytime.
“Mexico has a youthful and vibrant population and holds a robust and untapped demand for technology-driven wealth-building solutions,” said Ruben Guerrero, Webull’s Head of Latin America.
Flink closed a $57M Series B round in August 2021. The app allows Mexican users to US stock commission-free and offers a wallet and Mastercard debit card.
“Flink is excited to join the Webull family, as we have shared visions and values about democratizing access for everyday investors,” said Sergio Jimenez, Flink’s co-founder.
Webull has over 8 million users worldwide and operates in nine markets, including the US, Mexico, Hong Kong, Singapore, Indonesia, Australia, South Africa, Japan, and the UK.
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