Webull Corporation, the owner of the Webull online investment platform, has announced a partnership with South Korea’s Meritz Financial Group. The agreement marks Webull’s entry into the South Korean market and aims to provide local investors with access to U.S. equity markets.

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In 2024, ahead of the partnership, Webull was in talks with South Korean regulators to secure approval for offering services directly to local retail investors. According to Financial Supervisory Service officials, the move could make Webull the first foreign company to enter South Korea’s retail stock trading market. The FSS provided guidance on regulatory and approval requirements.

Webull, Meritz Bring US Stocks Korea

Through the partnership, Meritz clients will gain access to Webull’s trading tools, U.S. capital markets via Apex Fintech Solutions, and the platform’s global community of traders.

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Anthony Denier, Group President and U.S. CEO at Webull, said the partnership is “a step forward in our journey to create a truly borderless investing experience. Together, we are opening the door to new possibilities for Korean investors.”

Korean Investors Receive Tools for US Trading

Wonjae Jang, CEO of Meritz Securities, added, “Through this partnership, Meritz is proud to connect Korean investors with Webull’s global community and advanced investing experience.”

Jang also said the collaboration aims to “create an open ecosystem where technology and insight empower investors to participate more actively in global markets.”

According to the firms, the partnership combines Meritz’s established reputation in South Korea with Webull’s digital investment tools. Both companies say it is intended to provide a direct experience for local investors seeking exposure to U.S. equities.

Source: Finance Magnates