Ovex: Funding, Investors & Team (Sep 2026)
OVEX is a Cape Town based South African digital asset exchange and OTC trading desk. We bring deep liquidity to African cryptocurrency markets. Our mission is to provide a fair, secure, and transparent service in order to establish a competitive, open, and liquid cryptocurrency market in South Africa, Africa, and abroad. OVEX is an innovative and mission driven company which is accelerating the advent of cryptocurrencies. We foster free thinking, autonomous, self-managed teams and are looking for innovative, enthusiastic and driven individuals. OVEX - Africa's deepest liquidity venue.
Ovex has raised $9.0M across 2 funding rounds on record, the most recent an undisclosed round of $5.0M announced in Dec 2022.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Ovex Company Profile and Key Stats
Latest funding round on record: Dec 2022.
Ovex Funding Rounds
Ovex raised $4.0M in an undisclosed round announced in Apr 2021.
1.7 years later, an undisclosed round of $5.0M was announced in Dec 2022.
Ovex Founders and Leadership Team
Contact details for the Ovex team: 1 of 1 has an email address on file.
Start 14-day free trial →Ovex Funding Compared to Other Financial Services Startups
Ovex's latest round of $5.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Ovex Funding FAQs
What does Ovex do?
OVEX is a Cape Town based South African digital asset exchange and OTC trading desk. We bring deep liquidity to African cryptocurrency markets. Our mission is to provide a fair, secure, and transparent service in order to establish a competitive, open, and liquid cryptocurrency market in South Africa, Africa, and abroad. OVEX is an innovative and mission driven company which is accelerating the advent of cryptocurrencies. We foster free thinking, autonomous, self-managed teams and are looking for innovative, enthusiastic and driven individuals. OVEX - Africa's deepest liquidity venue.
How much funding has Ovex raised?
Ovex has raised $9.0M across 2 rounds on record. The most recent is an undisclosed round of $5.0M announced in Dec 2022.
When did Ovex last raise funding?
Ovex's most recent funding round on record is an undisclosed round of $5.0M, announced in Dec 2022.
Who is the CEO of Ovex?
Jonathan Ovadia is listed as CEO at Ovex.
Where is Ovex headquartered?
Ovex is based in Cape Town, Na - South Africa, South Africa.
How many employees does Ovex have?
Ovex is in the 11-50 employee band.
How does Ovex's funding compare to other Financial Services startups?
Ovex's latest round of $5.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.
About FundedIQ's Ovex Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Ovex is left off this page rather than filled in.
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