Investoo Group takes over German CryptoCurrency Portal.

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German cryptocurrency portal Bitcoinmag.de has been taken over by London based Affiliate Marketing company Investoo Group.

The German company is the portal where crypto investors meet and exchange ideas over cryptocurrency and what’s the best deal running in the market.

The firm serves cryptocurrency resources, including coinlist.me and ethereum kaufen.de. The business already serves French, Italian, German and Spanish.

Chairman David Merry said of the acquisition, “Germany is a relatively mature market when it comes to both paying with, and investing in, cryptocurrency. We’re delighted to acquire a publication that explains the investment process simply and transparently.”

CEO Adam Grunwerg also commented, “Bitcoinmag.de is an online community and information portal run by crypto investors, for investors. It boasts impressive organic reach, and provides a valuable traffic source for our partners.”

The acquisition of Bitcoinmag.de follows a new £7.5 million (GBP 7,500,000) credit line secured in October 2017, which is designed to facilitate the firm’s aggressive growth strategy. The company has acquired several businesses in 2017, including invezz.com and 100forexbrokers.com.

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