Capitolis announces series of key hires following $110 million fundraiser

Rick Steves

Following the acquisition of LMRKTS in August 2021, Capitolis onboarded several key talents to further grow its FX business. 

Capitolis has announced a series of key hires and notable promotions across the New York and Tel Aviv offices following the recently announced its Series D funding, where it raised $110 million.

Lindsey Baptiste has been promoted to Chief Financial Officer, Thomas Droumenq has been appointed Head of Capitolis’ Ionic Product, Nancy Henderson joined as Program Structurer, Leon Leviner has taken the role of Head of FX Engineering, and Taylor King has joined as Head of Marketing for Brand, Strategy, and Operations.

Keerthan Harish also joined Capitolis as Senior Manager of Corporate Development, focused on partnerships, M&A, and strategic initiatives across the business, while Eyal Pelleg stepped into the role as Senior Manager of Strategy, tasked with driving our ongoing strategic initiatives with Product and Go-To-Market growth opportunities. Capitolis’ newly established Project Management Office will be led by Director Maria (MC) Centeio.

The technology company has grown its employee base by 50% versus the same period last year and continues scaling the business to meet customer demands and ongoing opportunities to innovate.

Capitolis’ FX business expanded following acquisition of LMRKTS

In August 2021, Capitolis closed the acquisition of LMRKTS, an industry-leading multilateral optimization and compression provider that expanded Capitolis’ optimization suite into the most complete trade compression solutions available in the market.

Following the deal, Capitolis placed a number of key talent into new roles to further the strategic growth of its FX business:

Ben Townson joins the Product team as Vice President, Head of Product Management for Compression.
Milos Marinkovic has taken on the role of Vice President, Engineering.
Sofiane Nait-Saidi joins the Capitolis Capital Labs team serving as Vice President, Quantitative Strategy.
Stephen Fanale steps into the role as Algorithm Team Lead.

Gil Mandelzis, CEO and Founder of Capitolis, said: “We are excited by the momentum in our business – and the promotion and hiring of key, strategic leaders to meet growing customer demand and innovation at Capitolis. The team remains focused on our vision to reimagine how capital markets operate. These key appointments keep raising the bar for our exceptional team, bringing the necessary experience to scale our operation to greater heights.”

Capitolis is backed by Canapi Ventures, 9Yards Capital, SVB Capital, Andreessen Horowitz (a16z), Index Ventures, Sequoia Capital, Spark Capital, and S Capital, as well as leading global banks such as J.P. Morgan, Citi, and State Street.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<