FINVASIA Group Announces Acquisition of ActTrader
19.7.2021 16:43:00 CEST | Business Wire | Press Release
FINVASIA Group announced today that it has acquired ActTrader Technologies (formerly ActForex) , a pioneer in building financial technology products for over 20 years.
ActTrader was among the world's first "Fintech" companies, well before the buzzword "FinTech" got glamorized. From building the first ever online retail forex trading application back in 2000 to launching the first ever WAP based mobile trading app in 2004, they've grown to build disruptive multi-asset financial technology products that have been trusted by millions of traders worldwide.
ActTrader has a strong heritage as a Fintech solution provider, drawing on 20+ years of operational excellence. It was founded in year 2000 in United States of America and has served almost over 2 million retail traders in over 100 countries. The company has processed over $400 trillion in transaction volume and has acted as the core technology provider to some of the largest financial institutions in the world.
FINVASIA Group is a multi-disciplinary, multinational organization that owns multiple brands in the financial services, fintech, blockchain and technology sectors. Finvasia, along with its subsidiaries and sister concerns, is registered with a gamut of regulatory bodies across the world in various capacities. They have been the torch bearer for introducing commission free investment ecosystem forcing established brokers to offer commission free trading services. Recently, Finvasia acquired Fxview, a Cyprus-based financial services company, to expand its presence in the European market.
"FINVASIA believes in the democratization of the financial system and believes that technology can lead this change," said Sarvjeet Singh, Managing Director of FINVASIA Group. "Uniting our companies will allow us to drive new innovations and create fintech solutions that not only address today's requirements but are also flexible enough to meet tomorrow’s technological advances.”
Together, they envisage to build the next generation of the blockchain and AI based trading applications, a unique social trading platform, robust risk management and liquidity management solutions, variety of plug-ins and business intelligence tools that will challenge industry standards and extend the frontier of Fintech industry. This deal brings together two major Fintech players under one umbrella.
Effective immediately, ActTrader will become a subsidiary under the FINVASIA Group, with Ilya Sorokin continuing as the CEO and all current management and associates remaining in place.
Founder and CEO of ActTrader Technologies, Ilya Sorokin stated, " This acquisition broadens our footprint and strengthens our ability to serve new clients, well and long into the future. As we continue to grow and expand, the ability to provide our clients with innovative next-gen financial technology products is a significant step in our journey."
About ActTrader
ActTrader has been at the forefront of the fintech industry since the launch of its flagship trading application – ActTrader™ (formerly ActForex). From its beginnings in 2000, it has offered superior technology solutions and has grown to build provide multi-asset financial technology products that have been trusted by millions of traders and hundreds of brokers worldwide.
Its broad portfolio of end-to-end trading technology products has helped FX Brokers, ECN Venues and financial institutions transform their trading operations.
Know more: https://acttrader.com/
About FINVASIA Group
FINVASIA is a multi-disciplinary, multinational organization that invests in technology-oriented businesses and products. It is registered with a gamut of regulatory bodies across the world in various capacities. Finvasia (along with its subsidiaries and sister concerns) is registered with SEC, USA (152771), CYSEC, Cyprus (367/18), FCA, UK (850138), BaFin, Germany (157125), ACPR, France (85051), CONSOB, Italy (5151), CNVM, Spain (4892), Finanstilsynet, Norway (FT00118545)
In India, Finvasia is registered with Reserve Bank of India as an NBFC, National Stock Exchange of India as Professional Clearing member (M51912), Bombay Stock Exchange (4043), Multi Commodity Exchange of India (55135) and NCDEX as Trading Member (01259), Association of Mutual Funds of India (103331) and CDSL as Depository Participant (12084300).
Know more: https://finvasia.com/
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210719005554/en/
Contact information
Media
Ms. Sandeep Samra
media@finvaisa.com
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
BTG Pactual Timberland Investment Group Completes First Close of US$ 370 Million to Newest Core Latin American Timberland Strategy16.4.2026 22:04:00 CEST | Press Release
BTG Pactual Timberland Investment Group (BTG Pactual TIG), one of the world’s largest timberland investment managers, announced today that it has completed the first close of US$ 370 million in commitments to its newest core Latin America strategy. Targeting investment of US$ 1.5 billion over 5 years, the strategy focuses on large-scale, sustainably managed, core timberland assets across Chile, Uruguay and Brazil, and seeks diversification across geography, climatic zones, species, and end-markets. BTG Pactual TIG has operated in Latin America for over two decades, and has built and managed a series of scaled timberland platforms through this strategy, including the creation of three platform companies, Lumin, Vista Hermosa, and Plateau, forming part of the firm’s global US$ 7.5 billion portfolio. The formation of Plateau, announced in August 2025, marked the first acquisition under this new strategy. Created in partnership with Klabin S.A. (Klabin) and British Columbia Investment Mana
BTG Pactual Timberland Investment Group Completes First Close of US$ 370 Million to Newest Core Latin American Timberland Strategy16.4.2026 22:04:00 CEST | Press Release
BTG Pactual Timberland Investment Group (BTG Pactual TIG), one of the world’s largest timberland investment managers, announced today that it has completed the first close of US$ 370 million in commitments to its newest core Latin America strategy. Targeting investment of US$ 1.5 billion over 5 years, the strategy focuses on large-scale, sustainably managed, core timberland assets across Chile, Uruguay and Brazil, and seeks diversification across geography, climatic zones, species, and end-markets. BTG Pactual TIG has operated in Latin America for over two decades, and has built and managed a series of scaled timberland platforms through this strategy, including the creation of three platform companies, Lumin, Vista Hermosa, and Plateau, forming part of the firm’s global US$ 7.5 billion portfolio. The formation of Plateau, announced in August 2025, marked the first acquisition under this new strategy. Created in partnership with Klabin S.A. (Klabin) and British Columbia Investment Mana
Multi-Color Corporation Announces Confirmation of Plan of Reorganization16.4.2026 19:55:00 CEST | Press Release
Multi-Color Corporation (“MCC” or the “Company”), a global leader in prime label solutions, today announced that the United States Bankruptcy Court for the District of New Jersey (the “Court”) has confirmed the Company’s prepackaged plan of reorganization (the “Plan”). MCC expects to emerge from prepackaged Chapter 11 in the coming weeks. Under the terms of the Plan, MCC will complete a comprehensive restructuring transaction that significantly deleverages the Company’s balance sheet and recapitalizes the business. The restructuring reduces net debt by approximately $3.8 billion, reduces annualized cash interest expense by more than $330 million, and extends long‑term debt maturities to 2033. In addition, MCC will receive a significant $889 million investment from CD&R and a group of MCC’s existing secured lenders. Post-emergence, the Company expects to have more than $500 million of available liquidity to support long-term growth and investment. “Today’s confirmation marks the near-co
Multi-Color Corporation Announces Confirmation of Plan of Reorganization16.4.2026 19:55:00 CEST | Press Release
Multi-Color Corporation (“MCC” or the “Company”), a global leader in prime label solutions, today announced that the United States Bankruptcy Court for the District of New Jersey (the “Court”) has confirmed the Company’s prepackaged plan of reorganization (the “Plan”). MCC expects to emerge from prepackaged Chapter 11 in the coming weeks. Under the terms of the Plan, MCC will complete a comprehensive restructuring transaction that significantly deleverages the Company’s balance sheet and recapitalizes the business. The restructuring reduces net debt by approximately $3.8 billion, reduces annualized cash interest expense by more than $330 million, and extends long‑term debt maturities to 2033. In addition, MCC will receive a significant $889 million investment from CD&R and a group of MCC’s existing secured lenders. Post-emergence, the Company expects to have more than $500 million of available liquidity to support long-term growth and investment. “Today’s confirmation marks the near-co
Textron Aviation Expands High‑Speed Cabin Connectivity With Gogo 5G Upgrade for Cessna Citation Business Jets16.4.2026 16:00:00 CEST | Press Release
Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced the availability of Gogo 5G, a new connectivity upgrade that gives Citation operators faster speeds, lower latency and improved WiFi performance in the cabin. The aftermarket solution is now offered for the Cessna Citation Longitude, X+, X, Sovereign+, Sovereign, Latitude, XLS Gen2, XLS+, XLS and Excel, following the issuance of the Federal Aviation Administration’s (FAA) Supplemental Type Certificate (STC). Customers can install a new AVANCE Gogo 5G system or upgrade their existing AVANCE system to include 5G capabilities at a domestic Textron Aviation Service Center. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260416016893/en/ Textron Aviation expands high speed cabin connectivity with Gogo 5G upgrade for Cessna Citation business jets “Reliable, high-speed connectivity is essential for today’s operators, whether they’re conducting business in fli
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom