Amsterdam based trading app that wants to make investing fun has raised an additional $12.5m in funding, led by Velocity Capital and Holtzbrinck Ventures.
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Bux raises $12.5 million
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Bux is also disclosing that it has already spent some of the funding on the acquisition of online broker Ayondo Markets Limited (AML). “The acquisition of AML marks the first acquisition by BUX since its founding in 2014,” says the Dutch company. “To-date, the partnership with AML has allowed BUX to fully focus on creating an app that removes the complexity from the financial markets and simplifies the trading experience. It has allowed BUX to reach a base of over 2 million users in just over four years across 9 European countries”.
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