About Argentex
Argentex is a company based in London (United Kingdom) founded in 2011 by Harry Adams and Andrew Egan was acquired by IFX Payments in April 2025. It operates as a Professional Services. The company has 86 employees. Argentex offers products and services including Currency Risk Management and Alternative Banking.
- Headquarter London, United Kingdom
- Employees 86
- Founders Harry Adams, Andrew Egan
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website argentex.com
- Social LinkedIn
- Acquired by IFX Payments (Apr 2025)
- Legal Name Argentex Group Plc
- Annual Revenue$50.71 M (USD)0as on Dec 31, 2022
- Net Profit$8.66 M (USD)0as on Dec 31, 2022
- EBITDA-$371.07 K (USD)0as on Dec 31, 2022
- Latest Funding Round$4.12M (USD), Post-IPO
May 2024
- InvestorsAustral Gold Limited
& 1 more
- Employee Count86
- Acquired by
Products & Services of Argentex
Argentex offers a comprehensive portfolio of products and services, including Currency Risk Management and Alternative Banking.
Currency risk is managed for businesses and clients.
Alternative banking solutions are provided to various clients.
Funding Insights of Argentex
- Total Rounds 1
- Last Round Post-IPO — $4.12M
- First Round $4.12M
(May 2024)
All 1 funding rounds of Argentex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $4.12M | Post-IPO | – | – | – |
2 investors in total: 2 institutional.
Investors in Argentex
Argentex has secured backing from 2 investors. Prominent investors backing the company include Austral Gold Limited and IFX Payments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Gold exploration and mining operations are conducted in Australia. | – | australgold.com.au | Sydney, Australia | |
Provides digital treasury management and foreign exchange services for businesses worldwide. | 2005 | ifxpayments.com | London, United Kingdom |
Investor details for Argentex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Argentex
2 people are tracked at Argentex (2 in leadership); the tracked headcount is 86.
| Name | Role | Group |
|---|---|---|
Harry Adams | Co-Founder & Co-CEO | Leadership |
Andrew Egan | Co-Founder & Managing Director | Leadership |
Complete people profiles for Argentex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Argentex
5 dated milestones of Argentex across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Argentex is founded.
- Exit Acquired by Austral Gold Limited.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $4.1M.
- Exit Acquired by IFX Payments.
Web traffic of Argentex
The website of Argentex (argentex.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 3.4% vs previous month
Websites whose visitors overlap most with Argentex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fxnewsgroup.com | 100% | – | #313,108 | View details | |
| finimize.com | 88% | 272.1K | #186,141 | View details | |
leaprate.com | leaprate.com | 88% | – | #930,039 | – |
| londonstockexchange.com | 88% | 1.5M | #38,211 | View details | |
fintechmagazine.com | fintechmagazine.com | 53% | – | #149,934 | – |
Similar companies to Argentex
10 companies that operate in the same segment as Argentex (Currency Exchange Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Foreign exchange services are provided to facilitate international money access. | 1976 | London, England, United Kingdom | – | – | – | |
Forex market settlement, processing, and data solutions are provided globally. | 1997 | London, England, United Kingdom | – | – | – | |
Provider of foreign exchange expertise and execution for middle market companies | 2002 | South Jordan, Utah, United States | – | – | 114 | |
Currency exchange services for clients are provided by CXI internationally. | 1998 | Lynnwood, Washington, United States | – | USD 72.32 M | 390 | |
Precious metal bullion, coins, and storage products are retailed online. | 2004 | – | USD 70 M | – | – | |
Functions as an online platform for buying and selling cryptocurrencies like Beam and Grin. | 2020 | Delhi, Delhi, India | – | – | – | |
Olympia Trust Company is engaged in providing trust and financial services to Canadian investors. | 1996 | Calgary, Alberta, Canada | – | – | – | |
Cross-border money transfers and currency exchange services are offered. | 1996 | Petaling Jaya, Selangor, Malaysia | – | USD 47.36 M | – | |
Provider of currency exchange services | 2003 | London, England, United Kingdom | – | – | – | |
Foreign exchange services are provided to businesses globally. | 1992 | London, England, United Kingdom | – | USD 138.46 M | 149 |
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Frequently Asked Questions about Argentex
Argentex was founded in 2011 and raised its 1st funding round 13 years after it was founded.
Argentex is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Harry Adams is the current CEO of Argentex. They have also founded this company.
Argentex has 86 employees.
Annual revenue of Argentex is $50.71M as on Dec 31, 2022.
Currency management and alternative banking solutions are offered by Argentex to businesses, financial institutions, and private clients. Operations are conducted across multiple international locations including the United Kingdom, Netherlands, Australia, and UAE. The focus is placed on managing currency risks and providing tailored financial services. Currently, client trading activities have been suspended as the company undergoes administration processes.
Argentex offers Currency Risk Management and Alternative Banking.
Argentex has 2 investors. Key investors include Austral Gold Limited, and IFX Payments.
Argentex operates through Argentex Group Plc.
Yes. Argentex was acquired by IFX Payments in April 2025.