Fynxt Secures $5 Million in Series A Funding, Paving the Way for Fintech Innovation
FYNXT is a leading fintech innovator based in Singapore. The company proudly announced the successful completion of its Series A financing round. The funding secured a significant $5 million. A renowned Singapore-based investment firm led the financing that catapulted FYNXT into a new era of growth and innovation in the financial services industry.
Exciting News for FYNXT
Aeby Samuel shared his enthusiasm about the company’s development and emphasized the strategic use of minimal investments to build a cash flow positive business. Samuel said the company has over 30 active customers, including executives in their respective industries. This round of financing will allow us to expand our business with partners and channels, increase our revenue and accelerate product development.
FYNXT’s Global Recognition
In recognition of its commitment to excellence, FYNXT has been recognized at international events such as the iFX Expo and the Ultimate Fintech Awards. FYNXT received the “Best CRM Software Provider Global” award, confirming its status as the preferred choice of multi-asset brokers around the world. Aeby thanked the company and said: This achievement confirms that our product suite is the first choice for multi-asset brokers worldwide. It’s a testament to our incredible team.
Strategic Partnership for Fintech Evolution
The newly founded partnership means more than just financial support. It also represents a strategic alignment with the vision of revolutionizing the financial services industry through technology. Samuel emphasized: Our relationship with our new investor partner is more strategic than financial. This collaboration ensures we remain at the forefront of fintech advancements at multi-asset brokers. FYNXT’s plug-and-play products are designed to meet the operational needs of start-ups as well as existing FX or CFD brokers.
Visit us at the upcoming iFX Expo Dubai from January 16-18, 2024 to discover the latest innovations in Fintech. (*)
