- Headquarters
- 6 Karaiskakis Street, City House, 3rd Floor, Limassol CY-3032, Cyprus
- Phone
- +357 255 031 64
TechFinancials, Inc. is a fintech software company that historically specialized in providing trading technology solutions for online brokers and exchanges. Founded in the late 2000s, it built a reputation as one of the world's largest providers of binary options trading platforms, also offering fixed strike options, simplified forex, and a suite of ancillary products. At its peak, it served a global client base across Asia, Europe, and other regions. However, in a dramatic strategic shift announced on its corporate website, TechFinancials revealed it would be renamed Ubuntu Mining and Metals, Inc., signaling a pivot from financial technology to the mining and metals sector. This transition has rendered much of the earlier business information outdated, and the company's current operational status remains in flux. The profile focuses on the verified historical record while acknowledging the ongoing transformation.
Detailed Review
History
TechFinancials was established in the late 2000s and became a prominent player in the fintech space, particularly in the binary options trading platform market. The company was publicly listed on the AIM market of the London Stock Exchange under ticker TECH and later on the AQSE Growth Market. Its core business involved developing and licensing trading platforms for online brokers.
Products and Platforms
The company's main offering was a full-featured binary options trading platform, marketed for its high reliability and accurate options pricing. It also provided Fixed Strike Options (Ladder), Simplified Forex (Spot), mobile trading (Trading On-the-Go), and integration tools like Pick and Trade, Plug and Trade, and API integration. A turnkey Complete-Solution package was available for brokers. The platform aimed at mass-market retail audiences with a simplified end-user experience.
Market Position and Transition
TechFinancials was often cited as one of the biggest trading platform providers globally, with a long list of broker clients. The company had offices historically in Cyprus, Israel, and Hong Kong. In a significant pivot, the company announced it would cease fintech operations and rebrand as Ubuntu Mining and Metals, Inc., focusing on mining excellence and growth. As of the latest information, the official website displays this renaming announcement, and current product lines and leadership are not publicly available.
Key Products
API Integration
Custom API for broker platform connectivity.
Binary Options Trading Platform
Full-featured platform for brokers to offer binary options trading with simplified user interface.
Fixed Strike Options (Ladder)
Derivative product allowing traders to choose strike prices and expiration times with fixed payouts.
Simplified Forex (Spot)
Forex trading product tailored for retail audiences.
Option Pricing Engine
High-accuracy, high-reliability pricing technology.
Trading On-the-Go
Mobile trading solution for end-users.
Pick and Trade
Front-end module for client order entry.
Plug and Trade
Integration middleware for connecting broker back-offices.
Complete-Solution
Full turnkey broker package including platform, liquidity, and risk management.