A strategic investor has invested in M4Markets's capital raisings. This money is intended to be imputed into the enhancement of products and services as well as global expansion.
Forex and CFD broker M4Markets announces that it has completed a round of capital raising with the sale of significant shares to strategic investors. However, the company did not disclose the identity of the new investor or the amount it has received. The percentage of shares sold is also unknown.
According to M4Markets CEO Deepak Jassal, raising capital and attracting investors has been a priority for M4Markets over the past few months to optimize technology and service offerings to meet the growing needs of its clients.
M4Markets has several plans to take advantage of this capital, such as enhancing its products and services with the adoption of advanced technology. In addition, the company also wants to improve its corporate governance and ESG framework, with the aim of bringing in experienced professionals.
Furthermore, the Seychelles licensed broker also plans to use the funds for geographic expansion, by entering new markets and territories. M4Markets’ Group Business Development Officer, Nick Jay said:
"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."