Dubbing its 2024 refresh “the New MultiBank Era”, the broker’s MultiBank-Plus Platform app’s most notable features include a swift account-opening process taking only three minutes, tools that help its users make better informed financial decisions, and an interface that works to a high quality on mobile devices. The app, currently available in Germany, the UK,…
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The fusion involves a reverse merger, where Capex.com merges into NAGA Group AG via a non-cash equity increase. Furthermore, Patrascu has committed to investing $9 million in NAGA through a convertible bond. This strategic step aims to form a robust fintech organisation, leveraging both entities' combined strengths and customer bases. NAGA and Capex.com, together, serve…
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Turner’s focus will be continuing the growth momentum and strategic efforts of CAPEX.com in the UAE offices and established and emerging markets. The company’s goals include: Forming close bonds with stakeholders, partners and clients. Improving multi-asset trading opportunities. Generating greater revenue across the Middle East and Africa. In the company’s press release, Turner commented, “I…
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CAPEX.com highlighted in the official announcement that the newly announced acquisition will strengthen its position in the market and support its growth and expansion plans in the online fintech industry. Patrascu added: We see consolidation in the market as a positive development, and the current macroeconomic conditions and competitive landscape are favorable for such consolidation.…
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Octavian Patrascu, CEO and founder of CAPEX.com, said: It's a real pleasure to announce our collaboration with Zach King. He is a source of inspiration for people worldwide, similar to what we represent for our traders. We truly feel that his creativity, out-of-the-box thinking, and unique style perfectly match our offering here at CAPEX.com. Together,…
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Octavian Pătrașcu, the founder and CEO of CAPEX.com, commented: Now that we are ready to launch our cryptocurrency division in the Middle East, we are one step closer to becoming a complete trading app that offers multiple verticals in the financial services in different regions. We are happy to see that the markets are becoming…
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Octavian Patrascu, CEO and founder of CAPEX: Over the last two years, CAPEX's main goal has been to develop an app that fits the financial needs of the modern retail investor. Launching CAPEX Invest is the next step in this effort. As a multi-asset broker with years of experience, we try to give our investors…
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Octavian Patrascu, CAPEX.com CEO, commented: CAPEX Invest confirms that we continuously listen and adapt our offer to our traders' requests. We embrace all changes and strive to deliver a simple yet competitive product. Our mission is to organize access to financial products for all clients. We are happy to release our second business vertical, CAPEX…
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CAPEX.com has made changes to their product categories' operating costs, reducing spreads by up to 90%, and switched from fixed to floating spreads. Madalina Rotaru added: We are excited to witness the next stage for the development of CAPEX MENA. The decision to reduce the trading costs for our clients helped increase the trading volumes…
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In the official press release shared with LeapRate, Koullapi continued by saying that the decision to reduce the trading costs has contributed to the rise of CAPEX.com’s trading volumes. Koullapi further explained that the move has allowed the company focus on product development. She concluded: The 143% increase in trading volume we registered for May…
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