BY KERIM ULKER
Inveo Yatirim Holding’s overseas subsidiary Finveo Limited, which is headquartered in Montenegro, has formed a partnership with the Spain-based payment systems company PayRetailers to grow in Latin America alongside Europe.
“We’ve decided to collaborate with PayRetailers considering the diversity of Latin America when payment methods and solutions are on the carpet,” said Ivana Andjelic, Business Operations Manager of Finveo Limited.
Finveo Limited, which was established in line with the international regulations stipulated by the European Securities and Markets Authority (ESMA), will focus on Forex and CFD (Contract for Difference) liquidity solutions for brokers in Latin American countries and give buying and selling access to customers through the electronic trading platforms MetaTrader 4 and MetaTrader 5.
Finveo Limited, which had operated with Gedik International Ltd. name until September 2021, is considered an important component of Inveo Yatirim Holding’s overseas growth. In collaboration with Spanish PayRetailers, the holding has entered Latin America with a population of over 600 million and a gross domestic product (GDP) of more than USD 6tr.
Inveo Yatirim Holding, which invested in companies such as City Farm and Zen Enerji, has 30 years of professional experience in the capital markets. Its subsidiary Gedik Girişimm Sermayesi was renamed as HUB Girisim Sermayesi after it grew with new partnerships in 2015. The holding, which has more than 60 incubated funds, aims to invest USD 100m between 2021-2025. Inveo Yatirim Holding is listed on the Borsa Istanbul stock exchange.