XTB Surpasses One Million Buyer Milestone amidst Fintech Enlargement

by Jeremy

XTB, a world fintech agency identified for its on-line investing
platform and cell app, has introduced a notable milestone, reaching a buyer
base of 1 million worldwide.

This has adopted a strategic enlargement by XTB into the
realm of Contracts for Distinction (CFD), shares, and Alternate-Traded Funds a little bit over three years in the past. The corporate has skilled progress, with
its clientele doubling for the reason that shut of 2021. This surge is indicative of a
broader world development the place people are more and more looking for to handle their
monetary portfolios autonomously.

In 2023, XTB noticed an inflow of 312,000 new purchasers using
its app and digital platform to take part in world monetary markets. The
firm’s sturdy efficiency all year long culminated in record-breaking
outcomes, with consolidated internet income totaling EUR 175 million and revenues
reaching EUR 351 million.

Introduction of Bonds and Social Funding Monitoring

Omar Arnaout, CEO of XTB, Supply: LinkedIn

Trying forward, XTB has outlined plans to broaden its product
choices and introduce companies catering to a wider viewers. With the intention of
evolving from a CFD dealer to a complete funding app, the corporate is
set to introduce bonds as a brand new asset class in its passive portfolio throughout Q2
of 2024. These bonds will embody authorities and company bonds issued by
respected world companies with sturdy credit score rankings.

Moreover, XTB is about to launch ‘Social’, a brand new service
designed to permit prospects to trace and comply with the funding methods of
each knowledgeable merchants throughout the platform and their private connections.
Initially launched in Poland, Social will present customers with insights into
portfolio composition, threat urge for food, and real-time transactions via push
notifications.

Recognizing the rising potential in long-term investing,
XTB plans to introduce a retirement product in Poland throughout Q3 of 2024, with
potential enlargement into different markets such because the UK, together with the Particular person
Financial savings Account program. By the 12 months’s finish, XTB goals to unveil a product
that allows prospects to handle their funds seamlessly on the go. This
providing will characteristic an built-in digital pockets coupled with a
multi-currency card, empowering purchasers to make funds , transfers, foreign money
exchanges, and investments with ease.

Omar Arnaout, the CEO of XTB, mentioned: “With all of the
merchandise which are in our roadmap for this 12 months, doubling the present variety of
purchasers is only a matter of time. In 2024, as we plan so as to add bonds, retirement
merchandise and an e-wallet with a multi-currency card, we plan to welcome 65-90k
new purchasers per quarter.”

XTB, a world fintech agency identified for its on-line investing
platform and cell app, has introduced a notable milestone, reaching a buyer
base of 1 million worldwide.

This has adopted a strategic enlargement by XTB into the
realm of Contracts for Distinction (CFD), shares, and Alternate-Traded Funds a little bit over three years in the past. The corporate has skilled progress, with
its clientele doubling for the reason that shut of 2021. This surge is indicative of a
broader world development the place people are more and more looking for to handle their
monetary portfolios autonomously.

In 2023, XTB noticed an inflow of 312,000 new purchasers using
its app and digital platform to take part in world monetary markets. The
firm’s sturdy efficiency all year long culminated in record-breaking
outcomes, with consolidated internet income totaling EUR 175 million and revenues
reaching EUR 351 million.

Introduction of Bonds and Social Funding Monitoring

Omar Arnaout, CEO of XTB, Supply: LinkedIn

Trying forward, XTB has outlined plans to broaden its product
choices and introduce companies catering to a wider viewers. With the intention of
evolving from a CFD dealer to a complete funding app, the corporate is
set to introduce bonds as a brand new asset class in its passive portfolio throughout Q2
of 2024. These bonds will embody authorities and company bonds issued by
respected world companies with sturdy credit score rankings.

Moreover, XTB is about to launch ‘Social’, a brand new service
designed to permit prospects to trace and comply with the funding methods of
each knowledgeable merchants throughout the platform and their private connections.
Initially launched in Poland, Social will present customers with insights into
portfolio composition, threat urge for food, and real-time transactions via push
notifications.

Recognizing the rising potential in long-term investing,
XTB plans to introduce a retirement product in Poland throughout Q3 of 2024, with
potential enlargement into different markets such because the UK, together with the Particular person
Financial savings Account program. By the 12 months’s finish, XTB goals to unveil a product
that allows prospects to handle their funds seamlessly on the go. This
providing will characteristic an built-in digital pockets coupled with a
multi-currency card, empowering purchasers to make funds , transfers, foreign money
exchanges, and investments with ease.

Omar Arnaout, the CEO of XTB, mentioned: “With all of the
merchandise which are in our roadmap for this 12 months, doubling the present variety of
purchasers is only a matter of time. In 2024, as we plan so as to add bonds, retirement
merchandise and an e-wallet with a multi-currency card, we plan to welcome 65-90k
new purchasers per quarter.”



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