HALO (ASX:HAL) boards UK–Europe fast train
February 15, 2023Australian Fintech startup Halo Technologies hopes to significantly speed up global adoption of its HALO worldwide research and investment platform by acquiring fully-licenced Resilient Fund Managers conveniently located in central London.
The innovative HALO technology offers multi-functional integrated equities research and investment software solutions and online trading, which the company hopes to springboard into the colossal UK and European markets.
HALO Global Research & Investing Technology
Halo intends to leverage Resilient’s established regulatory structure to launch products and services into this new market.
Halo CEO George Paxton said the deal represents a milestone allowing HALO to establish a footprint in the UK and European markets.
“This acquisition provides the Company with direct control of a well-established, licensed business and provides the perfect launchpad for HALO to expedite its international expansion and sell directly into the large and lucrative European market,” Mr Paxton said.
“The management team remains focused on delivering strong growth through strategic acquisitions and opportunistic partnerships to further its growth both onshore and overseas, in line with its strategic growth plans.”
Meanwhile, experienced stockbroker Karl Hughes has been appointed as CEO of Resilient, bringing more than 35 years of timely stockbroking experience with him during the Halo transition.
$0.029About Halo Technologies
Halo Technologies Holdings Limited offers multi-functional integrated equities research and investment software solutions for self-directed investors, self-funded retirees, and financial professionals in Australia and internationally. The company’s flagship product is HALO Global Research and Investment, a platform comprising company analysis and portfolio management tools, such as company analysis, institutional-grade research tools, trade executions, ready-to-invest thematic portfolios, integrated account management and CHESS-sponsored holdings, and adviser solutions to keep track of investments across client portfolios. It also offers Macrovue, an investment trading platform that provides online brokerage and thematic portfolio interface for investors, and exchange-traded funds investment and transaction feeds from non-Halo platforms. The company was founded in 2017 and is based in Sydney, Australia.
Please note the following valuable information before using this website.
Independent Research
Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.
