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Z.com Trade and Finatext announce partnership World’s leading forex provider and Fintech startup to launch new trading app service
GMO-Z.com Trade UK Limited (“Z.com Trade”), which is a group member of the world’s largest retail FX provider[1], has announced the launch of its partnership with Finatext UK Limited (“Finatext UK”) to release a new FX and Cryptocurrency trading mobile application, named “Pipster” in the coming months.
Both headquartered in Japan and with a significant presence in their respective industry sectors, the partnership between a retail FX trading industry giant and an established Fintech startup, marks a strategic move for both businesses, with the aim to disrupt the traditional forex trading ecosystem both in the UK and globally.
“I believe that this collaborative initiative, with a reputable Fintech firm such as Finatext, is a stepping stone that will enable us to extend our trading services to a wider audience,” said Masahiro Funada, CEO of Z.com Trade.
Z.com Trade is a member of the GMO Internet Group, of which its internet securities provider GMO CLICK Securities Inc., has been recognised as the world’s largest retail forex provider by volume for six consecutive years, as reported in the Finance Magnates Retail Forex Industry Reports from 2012-2017. The group has offices in the global financial centres of London, Tokyo, Hong Kong as well as recently launched entity in Bangkok, and offers FX, CFD and securities trading services worldwide.
“With Z.com Trade’s capacity to provide the best trading technology for retail FX traders, the Pipster app will be able to provide a simplified and smarter trading experience that we believe is essential to engage a new generation of traders,” said Rob Brockington, CEO of Finatext UK.
Finatext UK is a branch of Finatext Ltd., a Tokyo based Fintech firm, specialising in financial education apps, customised big data solutions and a newly formed ‘Brokerage-As-a-Service’ solution called Smartplus. Their goal is to “Reinvent finance as a service”.
The concept behind Pipster is to provide simplified, smarter trading platform to a new generation of traders, focusing on FX and Cryptocurrencies.
Further information on the Pipster project can be found on getpipster.com.
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