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 as of March 31, 2022. Argentex offers products and services including Currency Risk Management and Alternative Banking.
- Headquarter London, United Kingdom
- Employees 86 as on 31 Mar, 2022
- Founders Harry Adams, Andrew Egan
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Argentex Group Plc
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Annual Revenue
$50.71 M (USD)0as on Dec 31, 2022
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Net Profit
$8.66 M (USD)0as on Dec 31, 2022
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EBITDA
$-371.07 K (USD)0as on Dec 31, 2022
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Latest Funding Round
$4.12 M (USD), Post-IPO
May 02, 2024
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Investors
Austral Gold Limited
& 1 more
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Employee Count
86
as on Mar 31, 2022
- Acquired by
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Products & Services of Argentex
Argentex offers a comprehensive portfolio of products and services, including Currency Risk Management and Alternative Banking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Currency risk is managed for businesses and clients.
Alternative banking solutions are provided to various clients.
Funding Insights of Argentex
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $4.1M
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First Round
First Round
(02 May 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Post-IPO - Argentex | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Argentex
Argentex has secured backing from 2 investors. Prominent investors backing the company include Austral Gold Limited and IFX Payments. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Gold exploration and mining operations are conducted in Australia.
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Founded Year | Domain | Location | |
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Provides digital treasury management and foreign exchange services for businesses worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Argentex
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Argentex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Argentex Comparisons
Competitors of Argentex
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Argentex
When was Argentex founded?
Argentex was founded in 2011 and raised its 1st funding round 13 years after it was founded.
Where is Argentex located?
Argentex is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Argentex?
Harry Adams is the current CEO of Argentex. They have also founded this company.
How many employees does Argentex have?
As of Mar 31, 2022, the latest employee count at Argentex is 86.
What is the annual revenue of Argentex?
Annual revenue of Argentex is $50.71M as on Dec 31, 2022.
What does Argentex do?
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.
What products or services does Argentex offer?
Argentex offers Currency Risk Management and Alternative Banking.
Who are Argentex's investors?
Argentex has 2 investors. Key investors include Austral Gold Limited, and IFX Payments.