Darwinex reports assets under management exceed €100 million
UK and Spain based broker and asset manager Darwinex has announced that it has surpassed 100 million euros in assets under management after growing 45% in the last nine months. With this milestone, Darwinex consolidates its position as a benchmark platform for traders and investors. It connects both without intermediaries, providing transparency, reducing costs, and aligning incentives. It has regulatory permission from the FCA in the UK and the CNMV in the European Union.
“Our growth demonstrates investors’ confidence when their success is linked to the trader’s success, supported by our risk management. The more trust, the more capital, and the better traders – our ecosystem further consolidates as a virtuous circle that feeds back on itself,” says Juan Colón, CEO and Co-founder of Darwinex (pictured top right).
Darwinex manages the risk of trading strategies with proprietary technology and makes them available as investable indices called DARWINs. The index provides traders with legal coverage to participate in the investor success, without the need to regulate themselves and while protecting their intellectual property. Each investor buying a DARWIN index accesses an independent, talented strategy uncorrelated to traditional markets. They can also combine the indices to create diversified portfolios based on immediately liquid instruments.
“We offer alternative management strategies to retail and professional investors in a transparent, accessible, and, most importantly, risk-controlled ecosystem,” explains Colón.
Algorithms that manage investment risk
The fintech monitors the volatility of trading positions in real-time and manages exposure in times of market stress. Its differentiating innovation compared to other platforms is the algorithms behind this process.
“We give traders a platform to evolve and investors receive a comprehensive service based on controlling their risk, which we keep in the ideal range for them,” says Javier Colón, Head of Product and Co-founder of Darwinex (pictured top middle).
Founders of Darwinex
Darwinex was founded in 2012 by Juan and Javier Colón and Miguel Ángel González (pictured top left). They continue to lead the management and shareholding of the fintech.
Juan Colón is currently the CEO of the company. He is a London School of Economics graduate with 20 years of experience in the financial sector. Juan conveys the vision and mission of Darwinex to customers, regulators, investors, and strategic partners globally.
Javier Colón leads product development. In addition to being a Civil Engineer, he is a trader passionate about the markets. Javier founded Darwinex to solve the challenges he faced when professionalising his trading.
Miguel Ángel González, CTO or Head of Technological Development, is a Telecommunications Engineer and holds a Master’s degree in Information and Communications Systems Management from the Universidad Politécnica de Madrid.
The fintech has closed three growth funding rounds for 9 million euros. Its shareholders include professionals from the financial sector, such as Stefan Jaeklin, former global head of asset management at Oliver Wyman, Ignacio Sánchez-Asiaín, former CEO of Kutxabank, and Illimar Mattus, Co-founder of Pinorena Capital.
Darwinex has an annual turnover of 6 million euros. It is a global project operating from offices in Madrid and London, with 60% of its revenues coming from outside Spain. It serves thousands of traders and manages more than 100 million euros from retail and professional investors. Its traders range from regulated asset managers to data scientists and professional poker and e-gaming players. Some of the platform’s most popular DARWIN indices currently have more than 10 million euros of investment and generate hundreds of thousands of euros per year in success fees for the strategy providers.
About Darwinex
Darwinex is a fintech that provides legal coverage for thousands of traders worldwide to get paid for their trading strategies. Its competitive edge lies on its algorithmic engine to manage the risk of the trading strategies. It offers investors indices based on traders’ strategies and risk management algorithms. Founded in 2012 by Juan Colón, Javier Colón, and Miguel Ángel González, it employs around 70 employees at its offices in Madrid and London. Darwinex is regulated by the UK Financial Conduct Authority (FCA) and the Comisión Nacional del Mercado de Valores (CNMV).