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Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Although Webull has China roots, it is based in the US and rivals Robinhood in the country as a low-commission online trading platform that also offers cash management.
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"[Mexico] has 'a young and vibrant population that has a strong and untapped demand for technology-based wealth building solutions. The early success of Flink is proof of this demand, and Webull’s approach of using technology to provide low-cost access to global markets for investors in all economies is a perfect fit for Mexico.'"
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