ZaraFX Completes $2M Series A, Opens New Dubai Office

Fazzaco learned that ZaraFX, a multi-asset retail broker, has successfully closed its Series A funding round, securing more than $2 million, representing an important milestone in the company's journey.

This capital injection enables ZaraFX to advance its international expansion strategy, and offer cutting-edge services to traders worldwide.

"This investment validates our innovative approach to the Forex trading industry and positions us for accelerated growth and expansion into new markets," stated Jamsheer Thazhe Veettil, CEO of ZaraFX.

Moreover, the firm has launched a new office in Dubai, further bolstering its foothold in the Middle region.

"We are excited to bolster our footprint in the Middle East by establishing our new Dubai office. This expansion reflects our dedication to providing personalized support and tailored solutions to traders in the region, further solidifying our position as a trusted partner in their financial journey," said Jean Nahas, COO of ZaraFX.

Shortly before, Fazzaco reported that ZaraFX saw the departure of its Head of Sales MENA​.