Exclusive: XTB Acquires Broker in Indonesia to “Become a Gateway to Asia
After reaching the milestone of 1 million retail customers, Polish fintech XTB is seeking new ways to expand. The company has acquired 90% of the shares of an Indonesian derivatives brokerage company, marking a significant move towards expanding its presence in the local market and establishing itself as the gateway to Asia. More information can be found here.
The XTB press office confirmed this information, emphasizing the company’s goal to further develop and move faster. The acquisition of PT Rajawali Kapital Berjangka, a regulated derivatives broker, is now complete, paving the way for XTB to expand its presence in non-European markets such as Latin America and Asia.
Indonesian broker joins XTB Group
The acquisition of PT Rajawali Kapital Berjangka signifies XTB’s strategic move to leverage the growing Indonesian financial markets and expand its reach in the region. The company’s report for 2023 shows a significant increase in net profit, reflecting its commitment to growth and expansion.
Eagle Capital Futures website
XTB’s focus on expanding its presence in developing countries in Asia, Africa, and Latin America demonstrates its commitment to exploring high-growth markets and offering innovative financial solutions. The company’s recent partnership with BlackRock and its launch of XTB Social reflect its dedication to promoting passive investments and customer acquisition.
Indonesia as a gateway to Asian markets
The growing Indonesian financial markets and the country’s population of about 300 million present a compelling opportunity for XTB to establish a strong foothold in the region. XTB’s emphasis on leveraging Asia as a gateway aligns with its strategic focus on high-growth potential markets and its vision for global expansion.
Notably, XTB’s expansion into Indonesia follows similar moves by other global companies, indicating a broader trend towards recognizing the opportunities presented by the Indonesian market.
After reaching the milestone of 1 million retail customers, Polish fintech XTB is seeking new ways to expand. The company has acquired 90% of the shares of an Indonesian derivatives brokerage company, marking a significant move towards expanding its presence in the local market and establishing itself as the gateway to Asia. More information can be found here.
The XTB press office confirmed this information, emphasizing the company’s goal to further develop and move faster. The acquisition of PT Rajawali Kapital Berjangka, a regulated derivatives broker, is now complete, paving the way for XTB to expand its presence in non-European markets such as Latin America and Asia.
Indonesian broker joins XTB Group
The acquisition of PT Rajawali Kapital Berjangka signifies XTB’s strategic move to leverage the growing Indonesian financial markets and expand its reach in the region. The company’s report for 2023 shows a significant increase in net profit, reflecting its commitment to growth and expansion.
Eagle Capital Futures website
XTB’s focus on expanding its presence in developing countries in Asia, Africa, and Latin America demonstrates its commitment to exploring high-growth markets and offering innovative financial solutions. The company’s recent partnership with BlackRock and its launch of XTB Social reflect its dedication to promoting passive investments and customer acquisition.
Indonesia as a gateway to Asian markets
The growing Indonesian financial markets and the country’s population of about 300 million present a compelling opportunity for XTB to establish a strong foothold in the region. XTB’s emphasis on leveraging Asia as a gateway aligns with its strategic focus on high-growth potential markets and its vision for global expansion.
Notably, XTB’s expansion into Indonesia follows similar moves by other global companies, indicating a broader trend towards recognizing the opportunities presented by the Indonesian market.
