CAPEX.com Secures $21 Million to Drive Rapid Expansion

Fazzaco learned that CAPEX.com, a leading global trading broker, has raised $21 Million in a new funding round. This was backed by Growth Box Ventures and Moore & Moore.

According to the official announcement, the latest founding round comes at a moment when interest in online trading and investments is at an all-time high. The company will use the investment to launch new products, drive rapid expansion by selected M&A deals in key markets as well as grow the teams and offices worldwide. 

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-based services.

Octavian Patrascu, CEO of Key Way Group, the company that owns CAPEX.com, commented, "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." 

As Fazzaco reported earlier, CAPEX.com has added 12 new cryptocurrencies​ to include AAVE, Cardano, Chainlink, Compound, EOS, Monero, NEO, Polkadot, Stellar, Tezos, TRON and yearn.finance.