BUX Sells Its United Kingdom Subsidiary To APM Capital

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BUX Holding B.V. has sold its subsidiary firm in the United Kingdom, BUX Financial Services Limited, to Asseta Holding, the overseeing company of APM Capital. The Financial Conduct Authority authorizes BUX Financial Services Limited. The firm provides spread betting and Contracts for Difference services to professional and retail clients.

The Acquisition Aims To Offer BUX Financial’s Customers New Financial Solutions

The Chief Executive Officer of BUX Financial Services Limited, Salim Sebbata, said the firm is pleased to work with APM Capital and Asseta Holding.

Salim added that the new purchase will introduce new opportunities for the company to grow and new financial solutions for customers. He noted that with APM Capital’s vast influence and substantial resources, BUX Financial will enhance its capability and position in the financial market.

APM Capital has shown that it’s committed to boosting its investment portfolio and improving its global service offerings by purchasing BUX Financial Services Limited. Customers in the sold firm will receive numerous benefits, including first-class service. They will also be able to access many different financial products.

The latest sale is BUX Holding’s second. It previously sold one of its businesses in the Netherlands, ABN AMRO.

BUX Holding B.V. was founded in 2014 by Robbert Bos, Nick Bortot, Egbert Pronk, and Joost van de Wijgerd. The company continues to make investing simple for customers.

The Netherlands neobroker enables clients to trade frictional shares, exchange-traded funds (ETFs), cryptocurrencies, and exchange-traded commodities (ETCs) in one simple mobile application. It has offices also in Belgium, Germany, France, Italy, Spain, Ireland, and Austria.

BUX Holding Aims To Sell All Its Subsidiary Companies

Yorick Naeff, BUX Holding’s Chief Executive Officer, said the company is now selling all its remaining regulated smaller companies. The firm has sold its UK-based and Netherland-based businesses. Currently, only the business in Cyprus is left.

Asseta Holding’s BUX Financial Services Limited purchase fits its plan to grow worldwide. BUX Financial Services will work together with APM Capital to help Asseta Holding reach more places and offer better services to different customers.

APM Capital was established three years ago in May. The company is headquartered in the United Arab Emirates and offers investment services. It continues to solve investment issues with its top-class financial offerings worldwide. The firm aims to provide solutions to aid its growth and satisfy its customers. It is continuously expanding to different international areas and improving its services.

The company wants to strengthen its top position in online financial services by providing unique tools for individual investment needs. It offers Forex, Exchange Listed Derivatives, and Contract for Difference trading services to customers around the world, both regular and professional.

About Ali Raza PRO INVESTOR

Ali is a professional journalist with experience in Web3 journalism and marketing. Ali holds a Master's degree in Finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of leading cryptocurrency publications including Capital.com, CryptoSlate, Securities.io, Invezz.com, Business2Community, BeinCrypto, and more.