The startup develops a digital front office platform that provides plug-and-play technology solutions for forex-CFD and multi-asset brokerages, remittance providers, and banks. This technology enables financial institutions to streamline operations and enhance their digital transformation efforts, improving efficiency and customer engagement.
Funding
$7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Forex, CFD, and multi-asset brokerages face challenges in efficiently managing client relationships, streamlining operations, and providing a seamless digital experience. Traditional systems often lack the modularity and integration capabilities required to adapt to evolving market demands and diverse client needs. This can lead to increased operational costs, reduced customer satisfaction, and missed opportunities for growth.
Solution
FYNXT offers a low-code, modular platform designed to provide multi-asset brokers and financial institutions with a next-generation digital front office. The platform provides a suite of customizable, plug-and-play modules that integrate with existing trading platforms and industry-standard offerings. These modules enable firms to optimize client management, automate IB management, and streamline digital onboarding. By providing a unified and intuitive user experience, FYNXT empowers financial services organizations to enhance client engagement, improve operational efficiency, and accelerate their digital transformation initiatives.
Target Audience
FYNXT primarily targets multi-asset brokers, FX/CFD brokers, banks, and other financial institutions seeking to enhance their digital front office capabilities and improve client engagement.
Features
- Client Manager: A comprehensive platform to manage clients, sales, operations, and IBs in one place, including service tickets, user/role management, and commission management.
- Client Portal: An elegantly rebranded portal providing a unified and intuitive user experience with digital onboarding, account management, multi-currency wallet, and statements & reports.
- IB Manager: An intuitive IB management system with N-level fee structures, a built-in rebate engine, and integration with the Managed Accounts module.
- Managed Accounts: A platform to attract fund managers and investors with automated fee calculations, transparent allocation accuracy, and multiple fee options.
- Contest Manager: A tool to run virtual or real fund contests with a web and mobile-friendly interface, supporting both virtual & real funds.
- Digital Onboarding: A solution to onboard clients easily and securely, using mobile banking or internet banking channels, with integrated eKYC, AML, and PEP checks.
- API-first architecture: Facilitates seamless integration of modules within existing ecosystems.
- Mobile-first design: Provides an intuitive user experience for clients and partners on any device.