Observed Signal · Sep 9, 2026 · M&A - Completed · Source: PR Newswire: Technology News · Impact: 2/5 · Sentiment: Positive
Webull Completes Pi Securities Acquisition, Targets THB 200B AUM
Webull Corporation, through its Thai subsidiary Webull Securities (Thailand) Co., Ltd., announced the completion of its acquisition of Pi Securities Public Company Limited, a Thai brokerage. The deal, approved by the Securities and Exchange Commission of Thailand, involved two transactions totaling approximately US$100 million, securing about 99.36% of Pi Securities. The acquisition combines Webull's technology and global reach with Pi Securities' local expertise and over 50 years of experience in Thai equities and derivatives. Webull aims to achieve a combined Asset Under Management (AUM) target of THB 200 billion, leveraging synergies in research, technology, and AI. The companies will initially operate independently under their respective brands, with plans to build a comprehensive investment ecosystem in Thailand.
The acquisition of a Thai brokerage by a fintech platform is relevant to the broader financial technology sector, but it is not directly related to advertising technology or marketing technology. The deal may have indirect implications for retail media or advertising within the platform, but it is not a core AdTech event.
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Key Takeaways & Evidence Grounding
- Webull completed the acquisition of Pi Securities on 31 August 2026.
- Webull acquired approximately 99.36% of Pi Securities for an aggregate consideration of approximately US$100 million.
- The acquisition was approved by the Securities and Exchange Commission of Thailand.
- Webull targets a combined AUM of THB 200 billion with Pi Securities.
- Pi Securities has been a top five broker by trading volume on TFEX.
Ontology Mapping & Concepts
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