MMC Ventures injects £1.8m in Interactive Investor

MMC Ventures believes the retail brokerage market - in which Interactive Capital is also active - has experienced exponential growth. It also stated that the business has grown organically at over 20% per annum. The fresh funds will allow Interactive Investor to fund several development projects.

London-based Interactive Investor is a media group focusing on personal finance. It operates both online and in print - with magazines including Moneywise and Money Observer. Interactive Online also offers a range of personal investment accounts where products including shares, funds and derivatives can be traded.

The company generates revenues of £14m and employs 81 people.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

 

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