Plus500 Acquires Brazilian Broker Guru, Expanding South American Ecosystem

Plus500 Buys Broker-Dealer in Brazil

This marks Plus500’s second purchase in a week, following the Hedge acquisition in the U.S.

Plus500 Acquires Brazilian Broker Guru, Expanding South American Ecosystem

Plus500 has conditionally agreed to acquire full ownership of Guru Corretora de Títulos e Valores Mobiliários Ltd, a regulated Brazilian broker-dealer. The deal will be funded entirely from the firm’s existing cash resources of over $860 million. By acquiring Guru, the London-listed broker directly secures local CVM and Central Bank of Brazil (BCB) licenses. This regulatory framework allows the group to broaden its domestic offering to include B…

Plus500 to acquire Brazil-based broker-dealer Guru

Plus500 Ltd (LON:PLUS) has conditionally agreed to acquire the full ownership of Guru Corretora de Títulos e Valores Mobiliários Ltda (Guru), a regulated broker-dealer in Brazil.

Plus500 Expands Into Brazil With Acquisition Of Regulated Broker Guru

Plus500 has conditionally agreed to acquire Brazilian broker-dealer Guru, accelerating its expansion across Latin America and providing direct access to the region’s largest economy.