Fundraising Fox

QFEX

YC X25

London, GB · Founded 2025 · 10 employees · Hiring · 7 known investors

qfex.com

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

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.

Images

QFEX photoQFEX photo

Competitors · 3

by search overlap

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

In the news

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.