M4Markets latest tremendous growth pushed the management to assemble around the table to move a discussion of facility increase. As a result, the company announced on Tuesday that it sold a significant stake enough to satisfy its want.
Nevertheless, M4Markets denied disclosing the identity of the new investor. The company also relaxed its intention to reveal the purchased figure.
The plan to raise capital and attract more investors was a Major agenda for the company. The motion has been to drive better services and inject a potential technology medium.
“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 to cater to our ever-growing client base,” M4Markets’ CEO, Deepak Jassal noted.
The Formulated Plan
Besides the capital raising plan, the broker has registered several strategies in its docket. These include magnifying products and services and introducing up-to-date technology and automated formulas.
In addition, the company plans to bring on board experienced professionals targeted to boost the corporate governance and ESG frameworks.
Separate from advancing the technology through the raised funds, the company purposes to include the splint of these funds towards setting foot into new markets and diverging into other regions.
“Our success has set us apart not only in terms of how investors see M4Markets but especially in how our clients perceive us,” said M4Markets’ Group Business Development Officer, Nick Jay.
“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.”
Furthermore, the funding came after a positive first quarter in 2022, the broker highlighted. However, it again did not furnish any performance metrics.
“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 league altogether and increase substantially the value for our clients,” Jassal added.
