Exclusive: FX & CFD Broker Zenfinex Raises £5m in Series a Funding Round
- The broker will use the funds to expand its geographical footprint and its product suite.

Zenfinex, which is currently regulated by the Financial Conduct Authority (FCA), will put the cash raised during the funding round towards its global operations. As such, clients can expect a number of changes on the horizon for the trading provider.
Zenfinex Eyes Geographical Expansion
Finance Magnates can confirm that these changes include geographical expansion across Asia, the Middle East and further throughout Europe, as well as the expansion of its product offering. Leading the recent funding round was Zenfinex Technologies Limited, which is headed by Oscar Hilt Tatum IV.
“After spending the past 14 years in the private equity space focused on large scale real estate development, healthcare, technology and timber companies, choosing to lead the Series A funding round for Zenfinex was an easy decision,” Oscar Hilt Tatum IV said in a statement seen by 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.”
As Finance Magnates reported, Zenfinex was started by Nick Cooke, a professional within the finance industry with experience in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Read this Term, CFD and equity sectors. The broker was formed in November 2017 and regulated in March of 2019.
“I’m delighted to be heading up the project with Hilt and his team. As the industry gets ever more competitive, it is increasingly important to be well capitalised. We have an ambitious plan to expand our operations to Asia, the Middle East, and elsewhere in Europe,” Cooke added.
“Our aim is to become a multi-regional team by the end of the year. We have exciting plans to achieve additional global regulatory licences, expand our product offering and hire a talented team of industry experts to assist with the project and vision.”
Zenfinex, which is currently regulated by the Financial Conduct Authority (FCA), will put the cash raised during the funding round towards its global operations. As such, clients can expect a number of changes on the horizon for the trading provider.
Zenfinex Eyes Geographical Expansion
Finance Magnates can confirm that these changes include geographical expansion across Asia, the Middle East and further throughout Europe, as well as the expansion of its product offering. Leading the recent funding round was Zenfinex Technologies Limited, which is headed by Oscar Hilt Tatum IV.
“After spending the past 14 years in the private equity space focused on large scale real estate development, healthcare, technology and timber companies, choosing to lead the Series A funding round for Zenfinex was an easy decision,” Oscar Hilt Tatum IV said in a statement seen by 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.”
As Finance Magnates reported, Zenfinex was started by Nick Cooke, a professional within the finance industry with experience in the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Read this Term, CFD and equity sectors. The broker was formed in November 2017 and regulated in March of 2019.
“I’m delighted to be heading up the project with Hilt and his team. As the industry gets ever more competitive, it is increasingly important to be well capitalised. We have an ambitious plan to expand our operations to Asia, the Middle East, and elsewhere in Europe,” Cooke added.
“Our aim is to become a multi-regional team by the end of the year. We have exciting plans to achieve additional global regulatory licences, expand our product offering and hire a talented team of industry experts to assist with the project and vision.”