Mirae Asset and Velexa unite to transform Brazil’s investment scene


Mirae Asset Wealth Management, a global financial services group operating in 15 countries, has announced a strategic partnership with Velexa.

Mirae Asset, headquartered in Seoul, South Korea, has 12 years of experience and a presence in 18 markets, managing assets worth over $564bn USD. Velexa, on the other hand, stands out as a WealthTech disruptor, offering cutting-edge investment services and solutions.

The core motive behind this alliance is to empower Brazilian investors with comprehensive access to global financial markets. This partnership aligns with Mirae Asset’s commitment to financial education and broad market access, resonating with Velexa’s platform capabilities, which include personalised content and data analysis.

Mirae Asset Wealth Management has been renowned for its excellent investment management services, helping clients attain their financial goals. Meanwhile, Velexa has made a name for itself in the WealthTech sector by providing state-of-the-art SaaS investing platforms. Together, they aim to revolutionize the Brazilian investment landscape, traditionally limited to local markets, by introducing a wider range of asset management products.

The collaboration will begin by providing Brazilian investors access to major US stock markets, including Nasdaq and NYSE, followed by European exchanges like London and Amsterdam. Eventually, this will expand to other global markets, including Asia and Chicago. The partnership also plans to offer a comprehensive range of investment options in stocks and Forex, supported by Velexa’s mobile and web applications in both English and Portuguese.

Ricardo Tantulli, COO at Mirae Asset Wealth Management, emphasized the partnership’s alignment with their mission: “We believe this partnership reinforces our mission of creating a better world through investment. By combining our international expertise with Velexa’s cutting-edge technology, we aim to redefine the investment landscape in Brazil, providing our clients with unprecedented access to global financial markets.”

Tamara Kostova, CEO of Velexa, also shared her enthusiasm: “Brazil is a very exciting market because of the increased demand in independent investment platforms, and the increased interest in global markets. Mirae’s strong position in Brazil will be further amplified through this partnership, providing products that the end-users really want.”

As Brazil’s financial landscape evolves, Mirae Asset Wealth Management and Velexa stand at the forefront, ready to meet the growing demands for advanced investment platforms and tools, revolutionizing the way Brazilian investors approach global markets.

Keep up with all the latest FinTech news here.

Copyright © 2023 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.