Fundraising Fox

QFEX

YC X25

London, GB · Founded 2025 · 14 employees · Hiring · 7 known investors

Find your way into QFEX

878 people in our graph share verified history with the QFEX team — schools, employers, funds. One of them is your warm intro.

Adam Shuaibunlockedknows Joshua Wharton · together at University of Cambridge (overlapped)
×11knows the team · via Y Combinator

QFEX operates a 24/7 exchange where traders can access US equities, commodities, and foreign exchange pairs with leverage options up to 100x, as well as perpetual futures contracts. The platform targets retail and institutional traders seeking direct market access without traditional broker intermediation.

Also known as Entimox · PFEx · PSEx

FintechMarketplacesMarketplaceTradingUnited KingdomEurope

Founders & leadership· Y Combinator alumni (X25)

QFEX was founded in 2025 by Annanay Kapila and Joshua Wharton.

AKAnnanay Kapila
Annanay Kapilain𝕏Founder & CEOAnnanay Kapila studied mathematics at Cambridge where he conducted quantum computing research, then worked as a quantitative trader at Flow Traders and Tower Research Capital in London before founding QFEX.
JWJoshua Wharton
Joshua Whartonin𝕏FounderJoshua Wharton serves as founder and CTO of QFEX.

Investors · 7

Moonfire VenturesLondon
Transpose Platform ManagementHouston
Y CombinatorSan Francisco · $500K
468 CapitalreportedBerlin
General Catalystreported · 2 sourcesSan Francisco · $30M
Goodwater CapitalreportedBurlingame · $5M – $50M
Nexus Venture PartnersreportedPort Louis, Port Louis · $500K – $10M

Funding

SEC filings, press & company announcements

$9.5M disclosed across 1 round · 2026

Source: company announcements and press reports — follow each round's link for the claim.

Key figures

latest reported
HeadcountAug 202612

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Images

QFEX photoQFEX photo

Competitors · 3

by search overlap
TradingView34 shared keywordsTradingView is a charting platform and social network used by over 100 million traders and investors worldwide to analyze and trade across global financial markets. The platform provides tools for technical analysis, market data, and community collaboration for retail and institutional traders.
Robinhood19 shared keywordsRobinhood is a financial trading platform that enables users to manage portfolios across stocks, ETFs, cryptocurrencies, options, futures, and prediction markets. The platform serves retail investors with low barriers to entry, offering portfolio management services and market insights.
Seeking Alpha19 shared keywordsSeeking Alpha is a financial research platform offering stock analysis, market news, investment ideas, and quantitative ratings across asset classes, drawing on a large community of contributing analysts. It serves individual and professional investors seeking research and data-driven insight on stocks and markets.

Companies competing with QFEX for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

From Prestigious Hedge Fund Quant to $95M Foundereomag.io · May 2026QFEX raises £7m in startup funding | Startupmagstartupmag.co.uk · Mar 2026Trading exchange startup QFEX raises £7mbusinesscloud.co.uk · Mar 2026QFEX Raises $9.5M in Seed Round Led by General Catalyst | Phemex Newsphemex.com · Mar 2026QFEX launches with $9.5m seed round to disrupt global tradingfintech.global · Mar 2026QFEX - The Global 24/7 Stock Exchangeycombinator.com · May 2025QFEX to secure pre-seed funding from General Catalyst | Nordic 9nordic9.com

Frequently asked questions

What does QFEX do?
QFEX operates a 24/7 exchange where traders can access US equities, commodities, and foreign exchange pairs with leverage options up to 100x, as well as perpetual futures contracts. The platform targets retail and institutional traders seeking direct market access without traditional broker intermediation.
Who founded QFEX?
QFEX was founded by Annanay Kapila, Joshua Wharton in 2025.
Who are QFEX's investors?
QFEX's investors include Moonfire Ventures, Transpose Platform Management, Y Combinator, 468 Capital, General Catalyst, Goodwater Capital, Nexus Venture Partners.
How much funding has QFEX raised?
QFEX has disclosed $9.5M raised across 1 round.
Where is QFEX headquartered?
QFEX is headquartered in London, GB.