CAPEX.com Raises $21 Million in New Funding Round

The multi-licensed global broker CAPEX.com announced on Monday the closing of a new funding round, raising a total of $21 Million. This was achieved with the help of Growth Box Ventures and a syndicate investment led by Moore & Moore.

CAPEX.com 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 Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term-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 Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, 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.

Anchored by a global presence and regional expertise, CAPEX.com is a multi-licensed and multi-product company which holds operating licenses from Cyprus Securities and Exchange Commission, Abu Dhabi Global Market Financial Services Regulatory Authority, and the Financial Sector Conduct Authority in South Africa.

Please visit www.capex.com and follow CAPEX.com on Twitter, LinkedIn, Facebook, and Instagram for more details and insights.