CAPEX.com onboards NAGA’s Maria Evripidou as head of product

abdelaziz Fathi

Abu Dhabi-based broker CAPEX.com has appointed Maria Evripidou as their new head of product.

In her new role, Maria will report directly to Octavian Patrascu, Global CEO of CAPEX.com. She will be tasked with driving the expansion of CAPEX’s product range while implementing strategic business plans.

Maria is ending a seven-year tenure with German broker NAGA Group, which took her entire career within the financial services industry. During this long stint, she worked his way up through several senior roles with the firm, culminating with the position of head of product. Maria originally joined NAGA back in 2016 as an operation officer.

“We are thrilled to have Maria Evripidou join our team as the new Head of Product for our global operations. With her wealth of experience in the finance sector, we are confident that Maria will infuse a fresh perspective and innovative ideas for our endeavours. We eagerly anticipate collaborating closely with her to sustain our business momentum and deliver exceptional results for our esteemed clients, and partners.”, commented Octavian Patrascu, Global CEO of CAPEX.com on the new hire.

Maria Evripidou added: “Being part of CAPEX.com fills me with immense excitement – it’s an energetic and forward-thinking brokerage; with a commitment to embracing progressive ideas in the financial services sector, and prioritising exceptional client service, we are presented with a remarkable opportunity to continue to build on CAPEX’s success journey together. Collaborating with a team of highly skilled professionals, whose ranks are continuously expanding, ignites my passion to further elevate the firm’s already impressive accomplishments in the realm of multi-asset trading and FinTech.”

The new appointment comes a few months after CAPEX.com expanded it regulatory profile in the MENA region. Most recently, the company received in-principle approval to conduct a full spectrum of virtual assets business in Abu Dhabi, the firm’s CEO announced today.

The license allows its parent, Key Way Markets Ltd, to bring the CAPEX.com brand closer to clients in the Middle East, with major focus to the United Arab Emirates. The in-principle approval for its crypto business comes to complete the picture as the company already holds the ADGM FSRA license to offer traditional financial services.

The CAPEX.com brand, which received its first license in 2016, is currently providing services across Europe, the Middle East, South Africa, Latin America, and South-East Asia. The company’s regulatory catalogue encompasses licenses from the Cyprus Securities and Exchange Commission, Abu Dhabi Global Market Financial Services Regulatory Authority, and the Financial Sector Conduct Authority in South Africa.

Read this next

Digital Assets

Bybit exits UK market ahead of regulatory changes

Bybit is suspending its cryptocurrency services for users in the United Kingdom due to impending regulations from the country’s Financial Conduct Authority (FCA).

Digital Assets

Binance argues SEC trampled authority set by Congress

Binance, Binance.US, and Changpeng Zhao have jointly filed to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) in June.

Uncategorized

Oscar Asly replaces Rasha Gad as CEO of M4Markets Dubai

Seychelles-regulated brokerage firm M4Markets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Retail FX

Capital Index UK reports mitigated loss despite revenue drop

FCA-regulated brokerage firm Capital Index (UK) Limited has released its annual financial report for the year 2022.

Digital Assets

Mike Novogratz’s Galaxy Digital expands in Europe

Galaxy Digital, the New York-based cryptocurrency financial services company founded by Mike Novogratz, is expanding its presence in Europe by appointing Leon Marshall as its first European CEO.

Metaverse Gaming NFT

Turingum Partners with MarketAcross to Drive Web3 Adoption in Global and Japanese Markets

Global blockchain PR leader MarketAcross joins forces with Japanese Web3 specialist Turingum to mutually expand its market reach, aiming to fortify Turingum’s worldwide footprint and MarketAcross’s presence in the lucrative Japanese blockchain landscape.

Digital Assets

Binance to delist all stablecoins in Europe next year

During a public hearing with the European Banking Authority (EBA), an executive from Binance said that the exchange could ultimately delist stablecoins from its European platforms by June 30, 2024.

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.

<