CAPEX.com Wins Award as Romania's Second Biggest Tech Startup

CAPEX.com has been recognized as one of Romania's fastest-growing most innovative startups on the path to becoming the next generation of public companies. 

Established in 2017, the fintech startup that operates in online trading has been providing customers with a trading platform for financial instruments in various markets. The award recognizes CAPEX.com as one of the most successful Romanian technology startups based largely on the company's positive cash flow and strong operational performance.

Octavian Patrascu, CEO and founder of CAPEX.com: "The team is what defines CAPEX.com. We designed this startup as a team effort, not as a one-man-show. The company is currently led by an experienced C-suite team, originating from similar sectors, or promoted internally; they are currently managing over 30 departments and 400 employees on a group level. We have focused on building an operational infrastructure that is resilient and scalable, streamlining budgeting, and focusing on efficient organisation and compliance. And this award is proof that we are on the right track."

Maltese venture capital fund Growth Box Ventures and investment company Moore & Moore Investments are among the biggest VCs backing and funding CAPEX.com.

Patrascu continued: "We are a business that has always been break-even; we have solid financial fundamentals, so we have opted to raise funds from family offices and private equity companies to maintain our autonomy. This has allowed us the luxury of not having to focus on an aggressive hypergrowth strategy. We have built a solid foundation that allows us to shift our focus to accelerated growth only when we are ready.”

The technological infrastructure and the transparency of trading conditions are essential in today's trading world. The markets converge into integrating more diverse alternative products, and the global trend is heading towards regulation and compliance, back-office efficiency, funds security, marketing and operations, and a slow and steady reorganization of brokerage business models.

Octavian Patrascu:"We are in the final stages of launching our tech arm, CAPEX Tech, a company of over 40 engineers, creating from the ground up a unified super-app: a one-stop-shop that merges trading, investing, neo-banking, cryptocurrency, and alternative investment solutions, giving customers what they want and need in a straightforward manner. We will not deviate from our values, concentrate on solid growth, and reinforce our vow towards client education and the security of their funds."

About CAPEX.com

Anchored by a global presence and regional expertise, CAPEX.com is a multi-licensed and multi-product company that holds operating licenses from the Cyprus Securities and Exchange Commission, Abu Dhabi Global Market Financial Services Regulatory Authority, the Financial Sector Conduct Authority in South Africa, and the Seychelles Financial Services Authority.

Visit www.capex.com and follow CAPEX.com on Twitter, LinkedIn, Facebook, and Instagram for more details and insights.