Darwinex obtains the CNMV license to operate from Spain

Darwinex, a Spanish asset manager and multi-asset broker founded in 2012 by businessmen Juan Colón, Javier Colón and Miguel Ángel González, has obtained a license from the National Securities Market Commission (CNMV) to operate in Spain and in the rest of the countries of the European Economic Area.

Thomas Osborne
Thomas Osborne
12 July 2022 Tuesday 13:14
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Darwinex obtains the CNMV license to operate from Spain

Darwinex, a Spanish asset manager and multi-asset broker founded in 2012 by businessmen Juan Colón, Javier Colón and Miguel Ángel González, has obtained a license from the National Securities Market Commission (CNMV) to operate in Spain and in the rest of the countries of the European Economic Area.

“It has been a pleasure collaborating with the CNMV to adapt our business model, compliance processes, operations and finances to Spanish regulation. This step closes our post-Brexit roadmap and allows us to focus our efforts on improving our offer and accelerating our growth”, says Juan Colón, CEO and co-founder of Darwinex.

The license granted by the CNMV adds to that already obtained by the Financial Conduct Authority (FCA), the UK stock market regulator, which has allowed the company to operate since 2014. Darwinex is a fintech that transforms trading strategies into investable indices and makes them accessible to thousands of investors.

The Darwinex platform includes the necessary infrastructure for traders to operate and attract investment, while offering investors an alternative product, without intermediaries and with institutional fees.

Darwinex has a risk engine that monitors investors' risk independently from traders and equalizes the risk of all investable strategies. The fintech has more than 170,000 users in 75 countries and currently has more than 80 million euros under management.

"Our investable indices create a symbiosis between traders and investors around an alternative product that stands out for not being correlated with traditional markets," says Colón.

Founded in 2012 and with offices in Madrid and London, where more than 60 employees work, Darwinex has closed three rounds of financing that have allowed it to raise nine million euros to date.

Its shareholders include professionals from the fintech 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.