Deals
SoFi Acquires Hong Kong’s 8 Securities in First Global Push
- SoFi Hong Kong to offer free brokerage service of U.S. stocks
- Company will be charging zero commission, platform fees
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Social Finance Inc. acquired 8 Securities, a Hong Kong mobile investing startup, marking its first expansion outside of the U.S.
Rebranded as SoFi Hong Kong, the company will be the only brokerage service that delivers fee-free stock trading on more than 15,000 U.S. and Hong Kong stocks, as well as exchange traded funds, the company said in an emailed statement.