Finvasia Group: Fxview’s and ZuluTrade’s parent company opens office in Mumbai

Rick Steves

“We aim to focus on product enhancements, provide more personalized services to retail and Institutional businesses, and strengthen teams and services.”

Finvasia Group has opened a new office in Mumbai, India as the fintech specialist seeks to accelerate its product development in the follow-up of significant acquisitions like Fxview (a CySEC-authorized CFD broker), and major investment platforms ZuluTrade, ACT Trader, and Capital Wallet.

The new Corporate office has been inaugurated and is already operational at One BKC, G BLOCK, Bandra Kurla Complex, Mumbai, India. Finvasia Group headquarters will remain in Sector 74, Mohali, Punjab.

Focus on product enhancements

Sarvjeet Singh Virk, Co-founder and Managing Director of Finvasia Group, stated: “With our new office in the financial capital of India, we are glad to expand our human capital to build better products faster and to further enhance the trust and experience of our domestic and global clients. We aim to focus on product enhancements, provide more personalized services to retail and Institutional businesses, and strengthen teams and services.”

Tajinder Virk, Chief Executive Officer of Finvasia Group, stated, “We are delighted to announce the much-awaited opening of this office. Tapping into Mumbai’s local talent will certainly add value to our team and strengthen our presence further in the financial capital of India. This expansion reflects our commitment to serving a diverse range of clients with our technologically driven end-to-end financial ecosystem.”

Finvasia behind India’s commission-free broker Shoonya

Finvasia Group was founded in 2009 by brothers Sarvjeet Virk and Tajinder Virk, and has launched a number of trading services and financial tools across the globe. In India, the fintech is best known for Shoonya, a multi-asset trading platform and the country’s “first truly commission-free brokerage service”.

Shoonya is India’s first and only zero-commission trading platform in Stocks, Derivatives, Currencies, Commodities, Direct Mutual Funds, IPOs, Bonds & ETFs.

Finvasia is a global financial services company co-founded by Ex-Wall Street bankers and ventured into Indian capital markets as an FII (Foreign Institutional Investor) in 2009.

The Group has a global physical presence in countries like India, Europe, Africa, Mauritius, Japan, and the GCC region. It serves clients in over 200 countries and is regulated by over a dozen regulators worldwide.

Fxview, ZuluTrade, ActTraderm AAAfx, and Capital Wallet

They unveiled their expansion strategy in Europe through the acquisition of leading brands like Fxview – a leading CySEC regulated financial services company, ZuluTrade – the world’s most recognised social trading platform, ActTrader – a pioneer in the fintech industry, AAAfx – an HCMC regulated broker and a FIU licensed crypto exchange – Capital Wallet.

“With these acquisitions, we were able to quickly bring in a diverse pool of talent, globally recognised brands and a large loyal network of client base under one unified umbrella of Finvasia.’‘ said Tajinder Virk, Co-founder & CEO Finvasia. “These acquisitions and the greenfield investments we have made in Europe will help us maintain Finvasia’s growth momentum in the region”.

Finvasia plans to increase their international scale over the next several years and become licensed and regulated in every market they enter.

    Read this next

    Industry News

    BNP Paribas and Citi invest in United Fintech

    “Our vision of a neutral industry platform for digital transformation, to swiftly enable access to the world’s most innovative fintechs, is shared by every single C-level executive we’ve spoken with for the past four years, and their support energizes our pursuit of a unified ecosystem.”

    Retail FX

    INFINOX becomes Official CFD Global Trading Partner of BWT Alpine F1 Team

    “Within the hard numbers of ultimate performance, the approach to relationships and teamwork has been an influential factor behind the motivation of this partnership. INFINOX values partnerships and relationships above all else, a similar culture held at Alpine Motorsports.”


    Nubank makes impressive turnaround, posting $1 billion profit in 2023

    Brazil’s Nubank has made a remarkable turnaround, swinging from a net loss in 2022 to a $1 billion net profit in 2023. The digital bank’s revenues have soared past $8 billion, marking a major milestone in its financial performance.

    Retail FX

    Spanish watchdog warns of UP MARKETS, BITBINX

    The Comision Nacional del Mercado de Valores (CNMV), the financial regulatory body of Spain, announced in a statement that it has added to its warning list new website that are illegally offering financial services to Spanish citizens.

    Digital Assets

    MicroStrategy buys 3,000 more bitcoins, suffers phishing attack

    MicroStrategy, the largest corporate investor in bitcoin, has expanded its cryptocurrency portfolio by buying an additional 3,000 bitcoins for $155 million.

    Crypto Insider

    Saudi Launches World’s First Cultural Metaverse

    The Saudi Ministry of Culture, droppGroup, and Oracle have joined forces to launch the Cultural Universe, the world’s first government-operated national Metaverse initiative.

    Retail FX

    eToro revives IPO plans after failed $10B SPAC merger

    Israeli social trading network eToro is actively exploring options for a public market listing, according to CEO Yoni Assia in an exclusive interview with CNBC.

    Digital Assets

    Meme Coin Communities Gear Up for the CoinMarketCap Crypto Awards

    CoinMarketCap’s Crypto Awards 2024, the first edition of a new annual event, is captivating the global crypto community. This is especially true for the Meme Coin Of The Year category, where voting has become a battleground for the most passionate and vibrant communities in the crypto space.

    Digital Assets

    Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards

    The Layer-1 Received the Top Honor at the Eurasia Awards While Experiencing a Period of Unprecedented Growth and Recognition