Summary: Orfinex has established itself as a Global Financial Technology Service Provider and the latest financing of 100 million dollars has increased the company’s valuation by nearly 70% from the past year.
Kingstown, Saint Vincent and the Grenadines–(Newsfile Corp. – November 30, 2022) – Orfinex, a global provider of Forex Brokerage & Trading services, announces that it has closed its largest funding round to date bringing in $100 million in capital and $30 million in the past 18 months from seasoned Middle East investors.
The valuation of the business has shot up in recent months because of the recent monetary boost. This announcement comes on the heels of an all-time high in the stock market, with triple-digit YoY increases in active users, trade volumes, and revenues.
Group CEO of Orfinex, Ali Aziz Imailov, announced, “This fundraising campaign marks the beginning of the next step in Orfinex’s development as we continue to make a splash in the fintech industry. We are pleased to have backers from all over the world helping us to continue to grow.”
The company will continue to develop new capital in order to hire top talent and hasten the development of its proprietary trading technology to remain adaptable in a constantly evolving monetary and industrial environment. Orfinex aims to produce simple yet dynamic technology that allows clients to provide simple and straightforward package service for their back-end offerings. The corporation is committed to investing deeply in this vision, with funding from its talented workforce and state-of-the-art technology. Its services are expansive, and it aims to keep its position within the industry.
Orfinex’s revenues increased by 20% after it released many new products, including its new CRM and introducing broker and affiliate platform with a specialized partner portal that adds transparency and efficiency for partners, as well as the launch of the Orfinex Social Trading platform, where customers can copy or follow thousands of trading strategies provided by other traders. Orfinex was one of the first firms to offer trending products in the crypto market using MetaTrader 5, the seed culture of which fascinated traders and the public throughout 2019. Orfinex stays up to date on the latest trends, and remains committed to its vision: to continue to be visible for traders and investors in all aspects of their financial lives.
Orfinex has been developed as a Financial Technology service that provides suitable trading experiences to its clients. In the latest development, the company is introducing new Forex Broker services in Forex Expo Dubai that cater to the requirements of Islamic trading.
With the new advancement in the company, the media spoke with Ali Aziz Ismailov, Director of Orfinex. He dove into the company’s expansion and growing market footprint in the Middle East. Ali Aziz Ismailov explained the company’s growth in the Middle East and beyond. Orfinex has seen a significant increase in…