iFOREX expands branding with Polish football sponsorship, strengthening its European presence ahead of planned London IPO.
iFOREX expands branding with Polish football sponsorship, strengthening its European presence ahead of planned London IPO.
iFOREX expands branding with Polish football sponsorship, strengthening its European presence ahead of planned London IPO. A broker specializing in forex and contracts for differences (CFDs), iFOREX, is enhancing its brand recognition ahead of a planned initial public offering (IPO) by becoming a sponsor of Polish football team Lech Poznań for the upcoming season. The broker has also extended its partnership with Dutch side PSV Eindhoven for another year.
As revealed in an official statement, iFOREX has taken on the roles of Official Online Trading Partner and non-exclusive Official Sleeve Partner of Lech Poznań.
A new study by Sportquake sheds light on the rising popularity of “Online Trading Partner” sponsorships. These arrangements offer multiple marketing benefits while being less costly than prime jersey placements.
“This partnership is an exciting chapter for iFOREX as we continue to expand our global reach and connect with European communities in engaging and meaningful ways,” said Itai Sadeh, CEO of iFOREX.
The sponsorship follows Lech Poznań’s recent triumph in Poland’s domestic league. The club commands a solid local fanbase and maintains a robust online presence, boasting 665K followers on Facebook, 266K on Instagram, 208.5K on X (formerly Twitter), and 124K subscribers on YouTube.
Though iFOREX did not share specific marketing initiatives, its sleeve sponsorship confirms that its branding will appear on the sleeves of the team’s jerseys.
iFOREX did not disclose the sponsorship’s monetary terms. However, brokers commonly allocate several million dollars for football shirt sponsorships.
Read more: Football Sponsorship Shake-Up – CFDs Brokers Could Score as Betting Brands Get Benched
Among CFD brokers, Swissquote led last season with $15 million in sponsorship spending, followed by eToro with $10.7 million and Plus500 at $10.5 million. Other notable contributors included Libertex, AvaTrade, Vantage, Doo Group, and CFI Group.
Despite these numbers, sponsorship investments by brokers remain well below those seen from major crypto exchanges.
As iFOREX continues building its presence in sports marketing, its IPO plans in London are on hold due to a regulatory compliance review in the British Virgin Islands (BVI). The broker is regulated in both BVI and Cyprus.
Its IPO prospectus notes that 35 percent of iFOREX’s revenue originates from Japan, 17 percent from India, and 20 percent from countries across the Middle East—though the firm lacks licences in all of these regions.
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