OptionsSwing Inc., one of America’s leading financial education and retail trading communities, has acquired SA Capital Inc., a Canadian financial education startup specializing in educating the next generation of retail investors on personal finance, investing, technology, and the stock markets, the company has announced recently.
While the value of the transaction was not disclosed, the company said that it has completed its share purchase agreement to acquire 100% of the shares of SA Capital.
SA Capital, located in Toronto, Ontario, has 4 Full-Time Equivalents (FTEs) and has been educating hundreds of students since December 2020.
Commenting on the acquisition, Jason Lee, Founder & CEO of OptionsSwing, said,
Through efficiencies arising from the SA Capital team’s strong marketing, operations, leadership, and business acumen, we are now better positioned to bolster and optimize our technology, support, and operations to continue providing the best tools and resources for the next generation of retail investors.
Saim Abbasi, Co-founder & CEO of SA Capital, said,
The acquisition of SA Capital by OptionsSwing displays the importance both companies place on their mission of educating the masses on how to take charge of their financial circumstances. SA Capital has demonstrated impressive growth and success in its short time in operation, with a rapidly expanding community and a strong focus on providing valuable resources to its members.
The acquisition of SA Capital benefits OptionsSwing’s strategy to revitalize its marketing efforts and back-end operations completely, said a press statement. By acquiring SA Capital, OptionsSwing onboards a fresh set of minds that not only meshes well with its target audience but also brings in the opportunity to expand into a greater market utilizing. OptionsSwing looks forward to leveraging its new talent to continue delivering superior value to its members and the community at large, the statement added.
Founded in 2019, OptionsSwing is a financial education and trading community, with over 2000 subscribing members, and a following of almost half a million followers. It delivers an arsenal of 3 award-winning products and supplemental educational tools. The company’s most popular service, Discord Server, is filled with moderators and other team members aimed at providing trade ideas, educational content, technical analysis, mentorship, answering questions, and much more. OptionsSwing has also developed its very own proprietary trading algorithm and also provides a suite of numerous trading courses targeting both beginner and intermediate traders.