Investors from Cyprus and Dubai acquire ‘significant stake’ in M4Markets
Seychelles-regulated brokerage firm M4Markets firm has picked up some investment from Cyprus and Dubai based investors in a new funding round that it will be using to grow its business.
The lesser-known platform has not shared any details about the capital injection amount. M4Markets also didn’t disclose the identity of the investors participating in the financing round, though it says they acquired a significant stake.
The new funds will go towards product development and will allow M4Markets to continue its expansion plans by penetrating new markets. The company also intends to use the new capital to further develop its platform, accelerate growth and launch into new regions in line with its plans to become a global brokerage house.
Established in 2019, M4Markets is the trading name of Trinota Markets Global Limited. The broker maintains its head office in the Seychelles and is licensed by the country’s Financial Services Authority (FSA).
Commenting on the news, M4Markets CEO Deepak Jassal said: “Raising capital and attracting investors has been a priority over the past few months as we realized that M4Markets has grown exponentially, and we needed to optimize our technology and service offering in order to cater to our ever-growing client base. Over the past few months, we broke our monthly record over and over again and we feel that the new capital along with the expertise and leadership brought by the new investor group will enable us to change leagues altogether and increase substantially the value for our clients”.
Group Business Development Officer Nick Jay has commented on the news noting that “Our success has set us apart not only in terms of how investors see M4Markets, but especially in how our clients perceive us. We have been committed from the beginning to offering a competitive trading environment for our traders because we simply consider them our biggest asset and we couldn’t be happier with this new development which will allow us to go out, meet and reach out to an even bigger number of traders.”