London based FX and cryptocurrency affiliate company Investoo Group has announced its entry into the US financial affiliate and trading business, with its acquisition of trading education website VantagePointTrading.com.
Launched in 2007 by Calgary-based Chartered Market Technician Cory Mitchell, VantagePointTrading.com has been a leading education platform for over 10 years. The website currently provides informative content via video courses, tutorials, and free ebooks.
Investoo stated that it has strategic plans to further expand and diversify the forex and stocks and shares trading website into an authoritative platform, educating and inspiring trading enthusiasts.
The company said that the transformation will build upon VantagePointTrading.com’s legacy, and become a pioneering product in the digital trading landscape. The innovative site will be filled with practical and stimulating digital resources such as guides, videos and industry news.
David Merry, CEO and Chairman of The Board of Investoo Group commented:
Investoo Group is overjoyed to have VantagePointTrading.com on-board as we advance into another powerful country.
This acquisition will help us gain strong exposure and influence with US audiences, and comes as a natural step for Investoo Group.
Once our team of experts have rebuilt and redesigned VantagePointTrading.com, the site will have the capabilities to turn trading novices into trading experts.
Investoo Group has become one of the largest financial lead generation companies in the world. From a standing start in 2016, Investoo generated Revenues of $18 million in 2017, driven mainly by a number of website acquisitions in both the financial and cryptocurrency sectors. By our count the company has made six acquisitions since December 2016 including Bitcoinmag.de, as well as SocialTradingGuru.com, Invezz.com, 100ForexBrokers.com, and RoboAdvisors.com. Most recently, Investoo bought Dutch cryptocurrency portal Cryptostart.nl.
To support its acquisitions, Investoo secured a £7.5 million credit line late last year, as was exclusively reported by LeapRate. Based in London, the firm has grown from 1 to 50 employees in its first year. The group is backed by online technologies investors Kinetic Investments and Optimizer Invest. Investoo recently added Worldpay VP James Beale as the company’s new CFO.