“Can an FCA-regulated FX and payments specialist become the go-to alternative banking infrastructure for cross-border capital flows among institutional and professional clients in the UK and globally?”
Founded in 2018 as an FX services provider for high net worth individuals and corporates, Capitex quickly moved into regulated territory by partnering with Currencycloud to enable seamless international payments. After obtaining FCA Authorised Payment Institution status and surpassing £1bn in FX flow, Capitex expanded its product suite to include Global Accounts (multi-currency account infrastructure) and Mass Payments (batch cross-border disbursements), positioning itself as an alternative banking and cross-border payments platform for institutional and professional clients. The company has since focused on partnerships with wealth managers, real estate firms, and sports sector clients.
Capitex uses Currencycloud for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 2 layers in Capitex's stack: Unified APIs (Currencycloud); FX & payouts (Currencycloud).
Capitex is founded in 2018 and headquartered in United Kingdom.
Get a read on where your own stack stands against Capitex and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.