← State of Embedded Finance 2026

Capital Com

Can a multi-jurisdictional retail CFD and share-dealing platform scale globally by layering AI-driven education on top of low-cost execution, sustained by a wide PSP/EMI network for client money flows?

Founded2016
HQLondon, UK (also regulated entities in Cyprus, Australia, Bahamas)
IndustryFintech / Investment
The story

Capital.com launched in 2016 as a CFD and spread-betting platform leveraging AI-powered trading tools for retail investors. The firm progressively expanded its product set — adding commission-free stock dealing in Europe — while growing a global multi-entity regulatory footprint covering the UK (FCA), EU (CySEC), Australia (ASIC), and the Bahamas (SCB). The embedded-finance angle centres on its reliance on a broad network of regulated PSPs/EMIs (PayPal, Worldpay, Stripe, Checkout.com, Trustly, Modulr, Skrill, Neteller, Volt, Shift4) to handle client money flows, rather than operating its own payment or banking infrastructure.

Last 12 months
Product timeline
2016
Capital.com founded as a CFD and spread betting trading platform targeting retail investors.· pivot
2017
Obtained CySEC licence (319/17) and FCA authorisation (FRN 793714), establishing EU and UK regulatory footprint.· banking
2021
Expanded to commission-free stock dealing in Europe, broadening beyond CFDs.· pivot
2025
Capital Com Group Ltd obtained a second CySEC licence (463/25) to support expanded EU operations.· banking
Regulated entities
Cyprus Investment Firm (CIF)
CY (CySEC) · 2017
Capital Com SV Investments Limited
Cyprus Investment Firm (CIF)
CY (CySEC) · 2025
Capital Com Group Ltd
FCA Authorisation
UK (FCA)
Capital Com (UK) Limited
Australian Financial Services Licence (AFSL)
AU (ASIC)
Capital Com Australia Pty Ltd
Securities Industry Act Licence
Bahamas (SCB)
Capital Com Online Investments Ltd
The stack
Payments / PSP
PayPalWorldpayCheckout.comStripeSkrillPaysafe (Neteller)Shift4VoltEcommBXModulrTrustly
Open banking
TrustlyVolt
Accounting gap: none