abrdn, the investment firm formerly known as Standard Life Aberdeen, has made a bid to buy Interactive Investor.
In Brief:
Interactive Investor is a direct to consumer brokerage.
Its online platform offers investment tools and information.
abrdn currently administers £450bn assets.
What does this mean?
abrdn's current buying spree shows that its FinTech rebrand was a lot more than just removing a few vowels and capital letters. The business has already purchased an automated investing offering, Nucoro’s Exo Investing, as well as digital wealth insights platform Finimize. Now, Interactive Investor