ETX Capital acquires savings app Oval Money

Switzerland based fintech investment firm Guru Capital SA has announced that an agreement has been reached for the acquisition of substantially all the assets of UK based Fintech company Oval Money Ltd. Oval will be acquired by and integrated into the UK based online CFD Broker ETX Capital, a Guru Capital portfolio company.

In addition, Guru Capital said that it is in the process of negotiating the acquisition by an associated fund of 100% of the shares of Oval Money Ltd’s Spanish regulated investment firm subsidiary, Oval Marketplace A.V., S.L.

Benedetta Arese Lucini

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