Investoo Group has acquired the social trading comparison site SocialTradingGuru.com for an undisclosed fee.
Launched in 2012, SocialTradingGuru.com is one of the biggest social trading comparison sites and works a number of partners including eToro, Ayondo and Tradeo. The deal includes all existing revenue share accounts.
Investoo Group CEO Adam Grunwerg, says: “Social and copy trading represents an excellent market for us to expand our products and services into. It is also a strong platform to build our own SEO and revenue share business. We plan to capitalise on the acquisition of SocialTradingGuru.com by launching in a number of new languages and on a new design.”
David Merry, Chairman of the Board at Investoo Group, says: “We are actively looking for new partnerships and website acquisitions that can add value to our portfolio of websites. We have grown more than 10-fold since the beginning of the year and look forward to working with new partners.”
