According to our colleagues at Finance Magnates, foreign exchange and contracts for difference broker Zenfinex Limited, which began its operations in November 2017, have raised 5 million Pounds in a Series A investment to expand internationally. The broker has been regulated by the UK’s Financial Conduct Authority (FCA) since March 2019.
The brokerage was started by Nick Cooke, a professional within the finance industry with experience in the forex, CFD, and equity sectors and is now led by him and Oscar Hilt Tatum IV of Zenfinex Technologies Limited, which led the investment round.
Mr. Tatum IV commented to Finance Magnates: “We wanted to enter the fintech space with an FCA broker who has a strong management team already in place. Alongside CEO Nick Cooke, we share an ambition and vision to form a successful global operation with offices worldwide beginning with our FCA headquarters in Mayfair, London. I’m excited to see Zenfinex become a global disruptor and watch Nick and the team introduce Zenfinex to the world.”
The broker has confirmed that its planned changes include geographical expansion across Asia, the Middle East, and further throughout Europe, as well as the expansion of its product offering.
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