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Capitex

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?

Founded2018
HQUnited Kingdom
IndustryFintech / Cross-border payments
The story

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.

Last 12 months
Product timeline
2018
Capitex founded to assist high net worth individuals, corporations, and institutions with FX and cross-border payment requirements.· pivot
2019
Partnered with Currencycloud to power regulated FX and international payments; surpassed £1bn in transacted FX flow.· banking
Regulated entities
Authorised Payment Institution
UK FCA
Capitex
The stack
FX & payouts
Currencycloud
Accounting gap: none