back Back

CAPEX.com raises $21 million in a new funding round

By Leandra Monteiro

June 17, 2021

  • Capex
  • Europe
Share

CAPEX.com, funding, million, Middle East, EuropeThe multi-licensed global broker CAPEX.com announced the closing of a new funding round, raising a total of $21 Million. This was achieved with the help of Growth Box.

CAPEX.com, the official trading partner of Juventus, is currently operating four trading licenses, providing services across Europe, the Middle East, South Africa, Latin America, and South-East Asia. With a robust offering of over 2100 CFD trading instruments, the broker is preparing to expand the offering by including Direct Market Access instruments, DeFi and blockchain-based services.

The current funding round of CAPEX.com comes at a moment when interest in online trading and investments is at an all-time high, the company having a rapid growth last year. The new investment will support the launch of new products, fund the broker’s rapid expansion by selected M&A deals in key markets and growing the teams and offices worldwide.

“Although Millennials are still the leading force behind last year’s massive growth of the fintech industry, we can see that ‘everyone’ is now using apps to manage their finances, make payments, trade and invest, both in traditional but also in neo-finance products. 2021 is a key moment for the financial markets, and here at CAPEX.com we are fully prepared to expand our team and come up with exciting new features and products” declared Octavian Patrascu, CEO of the company that owns CAPEX.com.

The CAPEX.com brand, which received its first operating license (CySEC) in 2016, is undergoing a fast expansion process as new offices and regulations are being added. 2020 saw the opening of the Abu Dhabi office, under the ADGM FSRA regulation, along with the new South Africa operation. With more than 250 employees worldwide, the brand has a strong presence in Europe, with the latest opened branch in Spain and several others in progress, and is expanding with Latin America and South-East Asia operations.

“The UAE has been at the forefront of global recovery and as we grow CAPEX.com’s presence in the Middle East from our strategic location in the UAE, we consistently strive to find new and exciting ways to provide a platform to make online trading more accessible, transparent, and secure in the region. With the new funding round closure, we are positive to continue to shape the future of trading, both regionally and around the world.” said Madalina Rotaru, CEO, Key Way Markets Ltd, ADGM.

Previous Article

June 17, 2021

Visa appoints Dr. Saeeda Jaffar as senior VP for GCC region

Read More
Next Article

June 17, 2021

Boubyan bank is now available on Apple Business Chat

Read More








IBSi Daily News Analysis

March 22, 2024

Capex

Industry experts stress modernization, sustainability, and AI as cornerstones for future of corporate banking, Finastra study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 26, 2024

LHV Bank launches personal savings product on Hargreaves Lansdown

Read More

March 20, 2024

Smart money app Plum launches Cash ISA with 5.15% AER

Read More

March 15, 2024

Cheddar re-launches loyalty app with instant consumer savings in the UK

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023