Valuable Capital Group, part of SINA Corporation Group, and Saxo Bank announce partnership
Today, Valuable Capital Group, a part of the SINA Corporation Group, and Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, announce an agreement to form a new partnership.
The two parties will cooperate to provide diversified, convenient and professional global investment services leveraging Saxo Bank’s unique trading technology and access to global capital markets.
Valuable Capital Group is headquartered in Hong Kong and have offices in Shenzhen and Beijing. In 2017 SINA Corporation Group, the Chinese technology company, invested in Valuable Capital Group, starting its business in overseas financial services.
According to the agreement, Valuable Capital Group will provide investors access to more than 35,000 financial instruments leveraging the multi-asset trading technology of Saxo Bank. At the same time, the partnership helps Saxo Bank strengthen its offering and client experience, relying on the local advantages and insights of Valuable Capital Group.
Ge Xu, chairman, Valuable Capital Group, said:
“By cooperating with Saxo Bank, Valuable Capital Group is able to provide clients with access global financial markets with a specific focus on the European markets. We are committed to the technological reforming of financial services in Hong Kong and working with Saxo Bank, a leading global multi-asset trading and investment specialist, is a milestone for the Group.
The partnership with Saxo Bank is an important step in the international development of Valuable Capital Group enabling the Group to provide better investment services in diversified financial assets to all clients and ensure that more investors have access to the new opportunities arising from increased internationalization.”
Kim Fournais, Founder & CEO, Saxo Bank, said:
“We see partnerships and increased cooperation as one of the most disruptive factors in the financial industry. By entering into cooperation and leveraging each other’s strengths, partnerships help deliver truly best-in-class client experience much more efficiently. Saxo Bank was a fintech long before the term was created and we use that strong technology foundation to deliver wholesale solutions and Banking-as-a-Service. We look forward to working with Valuable Capital Group to leverage on its local expertise and Saxo Bank’s unique technology and access to global capital markets.”
Saxo Bank Group (Saxo) is a leading Fintech specialist focused on multi-asset trading and investment and delivering ‘Banking-as-a-Service’ to wholesale clients.
For 25 years, Saxo’s mission has been to democratize investment and trading, enabling clients by facilitating their seamless access to global capital markets through technology and expertise.
As a fully licensed and regulated bank, Saxo enables its direct clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides wholesale institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology, supporting the full value chain delivering Banking-as-a-Service (BaaS).
Saxo’s award winning trading platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.
Founded in 1992 and launching its first online trading platform in 1998, Saxo Bank was a Fintech even before the term was created. Headquartered in Copenhagen Saxo today employs more than 1500 people in financial centers around the world including London, Paris, Zurich, Dubai, Singapore, Shanghai, Hong Kong and Tokyo.