Webull Enters Next Phase of Growth in Thailand Following Pi Securities Acquisition, Targets THB 200 Billion in AUM
Summary
Webull completed its acquisition of Pi Securities in Thailand after receiving regulatory approval. The deal gives Webull about 99.36% ownership of Pi Securities for roughly US$100 million in total consideration. Webull says the combined business will expand technology, AI, research, wealth management, and other specialist capabilities in Thailand. The company also plans to grow its ecosystem through new partnerships, product expansion, and a target of THB 200 billion in assets under management.
AskAI Classifications
Sectors
Fintech, Banking and Payments
General FinTech
Functions
Developer and IT Infrastructure
Business Intelligence and Analytics
Development Platforms
Linked Companies
Webull
$1M to $5M