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Webull Securities (Thailand) has acquired Pi Securities Public Company Limited for an undisclosed amount, marking a significant corporate acquisition in the Thai financial sector. This transaction sees Webull take ownership of the company behind the Pi Financial personal trading and investments App.
Pi Securities has a distinguished 40-year track record, operating under the Pi brand and its predecessor brands, servicing active traders across equities, derivatives, and more in the Thai market. Registered as broker member number 3 with the Stock Exchange of Thailand (SET) and regulated by the Securities and Exchange Commission (SEC) of Thailand, Pi Securities is driven by a vision to empower retail traders and investors to achieve more in the financial markets. Its established regulatory foundation and deep local market insight are central to this acquisition.
This strategic move is set to significantly expand Webull Securities (Thailand)'s footprint and capabilities within the country. By integrating Pi Securities' robust operational framework, its long-standing client relationships, and its commitment to retail investors, Webull aims to strengthen its market position and broaden its service offerings. The acquisition is anticipated to create substantial synergies, merging Pi's profound understanding of the Thai retail investor landscape and its regulatory compliance with Webull's operational approach as a securities firm.
The combined entity is poised to leverage Pi Securities' extensive market experience and regulatory standing to deliver an enhanced and more comprehensive investment platform for retail traders and investors in Thailand. This integration underscores a shared commitment to empowering individuals with the tools and resources needed to navigate and succeed in the dynamic financial markets.