SoftBank, via its Latin America Fund, has committed to invest up to USD150m in Grupo Bursatil Mexicano (GBM), an investment brokerage platform in the Mexican stock Market.
(TechCrunch) Grupo Bursátil Mexicano (GBM) is a 35-year-old investment platform in the Mexican stock market. In its first three decades of life, GBM was focused on providing investment services to high net worth individuals and local and global institutions.
Over the past decade, the Mexico City-based brokerage has ramped up its digital efforts, and, in the past five years, has evolved its business model to offer services to all Mexicans with the same products and services it offers large estates.
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