CFD broker Taurex has brought back Matthew Wright as a Non-Executive Director, nearly three years after he left the brokerage for Exinity. The appointment marks a board-level return for an executive who previously led the broker during its Zenfinex phase.

Board Role at Taurex

Wright rejoined Taurex as a part-time Non-Executive Director last July. In this role, he sits on the board and supports oversight and strategy but does not manage day-to-day operations.

His return reconnects the brokerage with a former Group CEO who helped guide the business through its earlier growth and brand transition.

Zenfinex rebranded its trading business to Taurex in 2023, as part of plans to expand offerings, including a proprietary app. The rebranding followed leadership changes at the group, with Wright stepping down as Group CEO and Founder Nick Cooke returning to lead the company.

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Alongside his Taurex role, Wright serves as Co‑Founder of Semoto Prime, part of Semoto, a venture he launched in April 2025 in London.

The firm intends to focus on execution, settlement and multi-step payment flows for fiat, crypto and stablecoins, aiming to support cross-border transactions where Wright says many teams get stuck on clean execution and operational processes.

Extensive FX and Brokerage Background

Before these ventures, Wright worked as Group COO at Exinity for nearly two years. He then served as Group CEO at Zenfinex, and was earlier as CEO at Capital Index.

Taurex groups its activities under three brands: the retail brokerage Taurex, the institutional liquidity and prime services division Taurex Prime, and the funded trader programme Atmos Funded.

Last week, the broker secured a $40 million Series C funding round led by major shareholder Oscar Hilt Tatum IV, with the broker saying it will use the proceeds to upgrade its proprietary back-office infrastructure, develop its mobile app into an AI-driven trading platform and support global expansion.

This article was written by Jared Kirui at www.financemagnates.com.ExecutivesRead More

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