Exclusive: OvalX selling client base to Capital.com as Jump pulls support
OvalX is finalizing the sale/transfer of most of its client base to rival broker Capital.com.
OvalX is finalizing the sale/transfer of most of its client base to rival broker Capital.com.
OvalX and its board are involved in active discussions regarding a merger or sale of much of OvalX’s assets to another broker.
Former CEO Philip Adler is stepping down from the position to pursue the role of Chief Business Development Officer at Oval Money.
Elena Giardino joins OvalX after four years at Amazon, where, based in Milan, she was Deals Marketing Manager – Italy.
Oval and ETX Capital said that they plan to form a unique brand, focused on financial innovation and inclusion.
Oval operates a mobile app with over 100,000 active users, helping them to save and invest through their marketplace of financial products.