Investoo purchases Invezz.com

FX trading affiliate Investoo Group has acquired financial news website and peer review marketplace Invezz.com.

Founded in 2012, Invezz has more than 200,000 unique visitors per month and serves as a source of information for traders active in CFDs, Forex and shares.

The deal comes after Investoo last week also acquired 100ForexBrokers.com, one of the world’s biggest Forex broker comparison sites.

Adam Grunwerg, chief executive of Investoo, said: “It allows us to compete with the big players in the finance industry, while diversifying our product offering into shares, ISAs and other forms of investment services.

“Next steps include growing our business in new regions and languages such OpcionesBinarias.net.”

David Merry, chairman of the board at Investoo, added: “Investoo Group has gone from strength to strength in the past four months, growing the product range and team with real pace.

“Invezz is another great acquisition for the company and is the second in a pipeline full of high-potential deals.”

Related article: Investoo Group acquires 100ForexBrokers.com