Brokerage Grows as Crypto Trading Picks Up

Taurex, a fintech brokerage offering forex, CFDs, and crypto trading, has raised new capital to invest in technology and international expansion. The company, which rebranded from Zenfinex a few years back, announced the funding as client activity surged in volatile markets. With more than 50,000 clients across 140 countries and monthly trading volumes above $100 billion, Taurex operates across both retail and institutional trading.

The funding comes as brokerages increasingly add AI capabilities and push into emerging markets—part of a broader industry shift toward tech-driven operations. Taurex says trading volumes are up 950% since 2023, with new client sign-ups rising 250% over the same period.

The Money Goes to AI and Licenses

Most of the capital will fund development of Taurex's mobile app into an AI-powered trading platform, along with upgrades to back-office systems. The rest is earmarked for securing regulatory licenses in Asia, Africa, Latin America, and the Middle East—regions where crypto adoption overlaps with traditional finance.

The brokerage runs three main brands: its flagship retail platform, Taurex Prime for institutional clients, and Atmos Funded, a trader program that has signed up 20,000 clients with steady 10% month-over-month growth through 2025. While Taurex offers spot crypto trading, it hasn't moved heavily into DeFi or blockchain-native products.

| Funding Fact | Details | |--------------|---------| | Project | Taurex (fintech brokerage with crypto trading) | | Sector / Category | Fintech / Multi-asset brokerage (forex, CFDs, crypto) | | Funding Round | Series C | | Amount Raised | $40 million | | Valuation | Undisclosed | | Lead Investor(s) | Oscar Hilt Tatum IV (existing major shareholder) | | Notable Participants | None disclosed | | Announcement Date | March 6, 2026 | | Total Funding to Date | $61.6 million across three rounds (Series A in 2020, Series B in 2023, Series C in 2026) | | Disclosure Gaps | No valuation or additional terms; no co-investors named |

This brings Taurex's total funding to $61.6 million. The Series A closed in August 2020 for an undisclosed amount, followed by a Series B in December 2023. Unlike many crypto-adjacent raises, this one comes without a disclosed valuation—possibly reflecting caution given market conditions.

• Single lead investor: Oscar Hilt Tatum IV, already a major shareholder, led the round alone. No outside venture firms participated.
• Where the money goes: AI integration and regulatory licenses, positioning Taurex to compete in regions with growing crypto demand.
• Growth numbers: 50,000 clients total, with Atmos Funded adding users at 10% monthly—solid momentum for the funded trading segment.
• Market position: Monthly volumes above $100 billion and 950% volume growth since 2023 put Taurex among larger brokers, though it's not pursuing deeper blockchain plays.
• Control over capital: The lack of outside investors or valuation disclosure suggests Taurex wants to keep decision-making tight.

CEO Nick Cooke, who founded the company six years ago, said the funding helps Taurex hit milestones that typically take competitors a decade. The firm spans retail, institutional, and funded trading—a diversified approach in a sector where crypto volumes drive revenue but regulatory approval remains uneven across jurisdictions.

This raise happens as fintech consolidation continues, with brokerages like Taurex integrating digital assets to capture market share. The 250% client growth suggests resilience after the 2022 crypto downturn, even as the company keeps blockchain innovation at arm's length.

Bottom line: An existing shareholder's willingness to fund another round suggests confidence in Taurex's fintech brokerage model, even without the DeFi bells and whistles.