Clifford Chance advises Tencent on BUX’s funding round

Clifford Chance has advised Tencent on European online-trading group BUX’s EUR 67 million funding round led by Prosus Ventures and Tencent.

Amsterdam-based BUX is Europe’s fastest-growing neo-broker and will use this investment as additional impetus to expand its commission-free investment app BUX Zero. For more information, click here.

This transaction builds on Clifford Chance’s expertise acting for tech investors on market-leading transactions and complex financial regulatory matters. The Clifford Chance team consisted of Jan-Hendrik Horsmeier, Marian Scheele, Andrei Mikes, Wouter van den Bosch and Thom Beenen in Amsterdam and Kelly Gregory in Shanghai.