FNG Exclusive… FNG has learned that gaming and financial affiliate website operator Catena Media plc (STO:CTM) has offloaded its financial related websites and business to a company called Finaffiliates Ltd. Finaffiliates was recently set up by now-former Head of Financial Trading at Catena, Jason Hopgood.
The transaction, which closed on January 31, brings to a close Catena’s attempt to build a “financials” division alongside its core gaming affiliate business. In 2017-2018 Catena made a concerted effort to grow from its base of gaming affiliate websites into the “financials” area, spending tens of millions of dollars in acquiring a number of (mainly) FX broker affiliate and news websites such as DeutscheFXBroker.de, BrokerDeal.de, ForexTraders.com, TheBull.com.au, TheBull.asia, FatCat.com.au, LearnTrading.com.au, LearnCFDs.com, hammerstonemarkets.com, and Leaprate.com.
The company hired FXcompared.com Global General…
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