In April 2018, OANDA was acquired by Private Equity firm, CVC Capital Partners – Asia Fund IV. Under CVC’s ownership, the strategic vision is to deliver significant value growth by establishing OANDA as one of the major players in the global FX/CFD market. The business is investing heavily to achieve this vision by expanding its product range, enhancing its technology leadership position and substantively increasing the size of the employee base.
OANDA’s plan is to expand its existing engineering, finance and marketing functions at its new European operating hub whilst also developing a number of new capability teams that will be based there. In January 2020, the company chose Krakow as a location with a strong local engineering talent pool and launched an office here.