Plus500 has conditionally agreed to acquire full ownership of Guru Corretora de Títulos e Valores Mobiliários, establishing a direct regulated base in Brazil if the transaction completes.[1]
What the transaction establishes
| Area | Published position |
|---|---|
| Target | Guru, a Brazilian broker-dealer |
| Regulators | Central Bank of Brazil and CVM |
| Potential local products | Brazilian stocks, futures, options and fixed income |
| Funding | Existing Plus500 cash resources |
| Completion | Subject to approvals and closing conditions |
Plus500 reported more than $860 million of cash resources at 30 June 2026 and plans to fund the acquisition from existing cash. The consideration was not disclosed, so the near-term return on the purchase cannot be calculated from the announcement.[1]
Brazilian market entry
Guru’s permissions and local team create a route to Brazilian securities and derivatives. They do not mean every Plus500 product becomes available in Brazil at closing, or that existing customer accounts migrate automatically.[1]
The acquisition complements Plus500’s technology partnership with Nelogica and its presence in Colombia. The combination suggests a regional strategy that uses both partnerships and owned regulated entities.[1]
The acquisition is to be paid for on completion from existing cash. Plus500 did not disclose the purchase price. Its stated cash resources of more than $860 million at 30 June 2026 are the funding pool, not the price of Guru.[1]
Sources & further reading
- Acquisition of Guru, a broker-dealer in Brazil Plus500 · 20 Oct 2026 · Accessed 30 Oct 2026
- Plus500 acquires Brazilian broker-dealer Guru Investing.com · 20 Oct 2026 · Accessed 22 Oct 2026