The holding company of Hong Kong’s leading financial trading solution provider m-FINANCE Limited (“mF” or “m-FINANCE”), mF International Limited (“MFI”), has proudly completed its Initial Public Offering (“IPO”) on April 24, 2024, on the NASDAQ Stock Exchange. The IPO involved the issuance of 1.67 million ordinary shares at a public offering price of US$4.50 per share, receiving aggregate proceeds of US$7.5 million from the offering. The ordinary shares began trading on the Nasdaq Capital Market on April 22, 2024 under the ticker symbol “MFI”. This significant milestone in m-FINANCE’s growth will enable the company to expand its services and reach a broader investor base.
m-FINANCE, MFI’s principal Hong Kong subsidiary, has been dedicated to delivering cutting-edge trading platform solutions for forex, bullion, and commodities brokerages. At the core of its offerings lies the powerful mF4 trading platform, developed to empower forex/bullion brokers with a comprehensive suite of tools for front office, middle office, back office, price engine and customization capabilities. Notably, the platform offers independently branded desktop, web, and mobile app versions, enabling clients to establish and enhance their brand visibility while ensuring stability. Additionally, m-FINANCE’s streamlined user verification process expedites platform setup, providing clients with a swift and hassle-free onboarding experience. m-FINANCE serves clients across Mainland China, Hong Kong, Taiwan, and Southeast Asia, and is currently expanding aggressively into the global markets.
Dick Tam, CEO of m-FINANCE, commented, “Listing on NASDAQ represents a pivotal moment for our company, allowing us to accelerate our growth, enhance our product offerings, and expand our market presence globally. Our vision is to establish m-FINANCE as a leading player in the forex and bullion trading technology industry, not just in Asia but worldwide.”
Dick Tam continued, “For a fintech company like ours, staying ahead of the technological curve is crucial. Our commitment to innovation is complemented by our dedication to building a solid business foundation. Over the past two decades, we have demonstrated our ability to adapt and thrive in a rapidly evolving market. As we move forward, we remain focused on providing exceptional service and developing forward-thinking products that meet the needs of our clients, increase our market share, and grow the business by expanding our customer base and service capacity.”
m-FINANCE’s innovative products and services include the mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-Platform Broker+ Solution, Social Trading Apps, and Value-added Services. These offerings are continually upgraded and will incorporate cutting-edge technologies such as artificial intelligence, cloud computing, blockchain, and big data to enhance product efficiency and security.
The successful listing on NASDAQ will further strengthen m-FINANCE’s competitive edge in the global market, providing stronger capital support for future R&D and market expansion. Looking forward, m-FINANCE will continue to adhere to its philosophy of Information, Analysis, Decision, and Transaction (I-A-D-T), constantly enhancing the innovation and market adaptability of its products to create greater value for clients and shareholders.