Complex sentence: FIBO Group was founded in 1998 by a group of traders who opened a company in Cyprus and obtained a CySec license and another company regulated by BVI license in British Virgin Islands, also licensed to conduct investment activities.
Split into simpler sentences: FIBO Group was founded in 1998 by a group of traders. They opened a company in Cyprus and obtained a CySec license and another company regulated by BVI license in British Virgin Islands, which was also licensed to conduct investment activities.