CAPEX.com, a Nicosia, Cyprus-based multi-licensed global broker, has bagged US$ 21M in a funding round led by Growth Box Ventures on 16 June 2021.
Investors: The round received active participation from Growth Box Ventures and a syndicate investment led by Moore & Moore.
Purpose of the Funding: With a robust offering of over 2100 CFD trading instruments, the firm seeks to broaden the offering by including Direct Market Access instruments, DeFi and blockchain-based services. Hence, it intends to use the new investment to support the launch of new products, finance its rapid expansion by selected M&A deals in critical markets, and grow the teams and offices worldwide.
About CAPEX.com
Led by Octavian Patrascu, CEO of CAPEX.com, the brand received its first operating license (CySEC) in 2016. At present, a fast expansion process is underway as new offices and regulations are being formed. 2020 witnessed the inauguration of the Abu Dhabi office, under the ADGM FSRA regulation, alongside the new South Africa operation. Employing more than 250 people worldwide, the brand has potent goodwill in Europe. Not only this, with a new branch in Spain and many others in the development process, the company is aiming to widen with Latin America and South-East Asia operations.
Securing a global name and regional proficiency, CAPEX.com is a multi-licensed and multi-product company that possesses working licenses from Cyprus Securities and Exchange Commission, Abu Dhabi Global Market Financial Services Regulatory Authority, and the Financial Sector Conduct Authority.
What the CEO has to say: “Although the youth are the leading force behind last year’s massive growth of the fintech industry, the recent trend of using apps to manage one’s finances, make payments, trade and invest, both in traditional but also in neo-finance products is apparent. The year 2021 is vital for the growth of financial markets, and employees of CAPEX.com are disposed toward expansion of our team and coming up with new exhilarating features and products.”- Octavian Patrascu, CEO of CAPEX.com.
What the Investors have to say: Growth Box Ventures believes that ambitious start-ups such as CAPEX.com require experienced investment partners to add value. It seeks to bring a meaningful difference, achieve goals and maximise value. Hence, Growth Box Ventures seeks to make early-stage investments in CAPEX.com, which possesses an outstanding management team.
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