Jeffrey Navarro has joined AvaTrade as Regional Manager for LATAM, nearly a month after exiting Taurex, where he served as Head of LATAM. Navarro is an experienced forex industry expert, having previously worked at Tickmill as Regional Manager of LATAM and Spain. He has also worked for AxiCorp and Forex Capital Markets.

From Taurex to AvaTrade

Speaking about his appointment on LinkedIn, Navarro mentioned: "I’m excited to share that I’m starting a new position as Regional Manager LATAM at AvaTrade!" According to his LinkedIn profile, Navarro holds a Bachelor of Business Administration, Finance, and Investments from Baruch College.

Last month, Navarro announced his departure from Taurex after more than two years of steering its operations in Latin America. Navarro's exit came at a pivotal moment for Taurex, following significant milestones in both its leadership and financial performance.

"Today marks my last day at Taurex. I will now be another member of the company's worldwide fans cheering from afar. Many thanks to my good friend Nick Cooke for entrusting me with so many important company matters. Huge thanks to the rest of the company and especially to the Taurex LATAM team, which today stands strong and is one of the best in the region. Forever grateful for being part of this amazing journey!" Navarro mentioned.

Shift in Leadership Dynamics

Taking to LinkedIn to share the news, Navarro expressed gratitude towards his colleagues and the company, signaling his move towards a new professional journey. His departure from Taurex signifies a shift in leadership dynamics within the company and prompts reflection on his contributions to its LATAM operations.

Meanwhile, Taurex, formerly known as Zenfinex, underwent a significant transformation last year, rebranding its retail arm and closing a substantial $15 million Series B funding round Funding Round Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Startups look to raise capital can participate in a funding round. These refers to the various rounds of funding that occur upon proof of concept, customer base growth, and the probability of success. While they are various types of funding rounds, the most commonly seen in startups include the following funding rounds: Seed, Series A Fundraising, Series B Fundraising, and Series C Fundraising. In order for a funding round to take place, a valuation must be performed by analysts for the business Read this Term. With plans to enhance its proprietary technology, including the development of a mobile app and web platform scheduled for release in 2024, Taurex aims to solidify its position in both B2C and B2B markets.