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  5. ATFX Acquires Khwezi

M&A Deal Summary

ATFX Acquires Khwezi

On November 14, 2023, ATFX acquired financial services company Khwezi

Acquisition Highlights
  • This is ATFX’s 2nd transaction in the Financial Services sector.
  • This is ATFX’s 1st transaction in South Africa.

M&A Deal Summary
Date 2023-11-14
Target Khwezi
Sector Financial Services
Buyer(s) ATFX
Deal Type Add-on Acquisition

Target

Khwezi

Cape Town, South Africa
Khwezi is a licensed ODP (Over-the-Counter Derivative Provider) that enables financial service providers to legally offer over-the-counter derivatives, such as contracts for difference (CFDs). Khwezi is based in Cape Town, South Africa.

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Buyer(S) 1

Buyer

ATFX

London, United Kingdom
Category Company
Sector Internet Software and Services
DESCRIPTION

ATFX is an online trading services provider, offering a wide range of trading instruments, including forex, CFDs, indices, commodities, and more. ATFX is based in London, United Kingdom.

DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-07 Rakuten Securities Australia

Sydney, Australia

Rakuten Securities Australia is a provider of comprehensive suite of trading services. Rakuten Securities Australia is based in Sydney, Australia.

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