Retail prop trading platform FundingPips has named Andria Evripidou as its new Group Managing Director, the company announced this week. She will support the company by sharing her experience gained both as a founder of her own businesses and as someone who has worked on both sides of the industry – for fintech companies as well as for a regulator.

From Revolut and FCA to FundingPips

Evripidou most recently served as founder and CEO of XDA: Unified iGaming Crypto & Banking from November 2023 through August 2025. Before that, she spent four years as Chief Banking Officer at Xace, a London-based fintech company.

Her background includes senior roles at several major financial services firms. She worked as Global Authorizations Senior Manager at digital bank Revolut during 2020, and earlier held policy and compliance positions at open banking platform Yapily.

Evripidou also has extensive regulatory experience, having spent over four years at the UK's Financial Conduct Authority (FCA). She served as Senior Policy Advisor on the Payments Policy Team from 2019 to 2020, and before that worked as Senior Economist for the Payment Systems Regulator from 2015 to 2019.

The move confirms that proprietary trading firms have, in recent months, continued to contribute to an industry "brain drain," pulling talent from the CFD sector and the broader financial ecosystem. One of the latest to join this trend is Yassin Mismar, who moved from Equiti Group to also FundingPips, where he now serves as Head of Sales and Retention.

FundingPips recently introduced a new brand focused entirely on futures market investing, called FundingTicks.

“Executive Experience”

FundingPips operates as a proprietary trading firm that provides funding to retail traders. The company said Evripidou's appointment aims to support its growth plans and enhance compliance operations.

"Andria brings a depth of executive experience that will drive strategic growth, compliance excellence, and trader-first innovation, all while fostering a high-performance leadership culture across FundingPips," the company stated in its announcement.

The hire comes as proprietary trading firms face increased regulatory scrutiny across multiple jurisdictions. Last year, FinanceMagnates.com learned that the ESMA held a discussion around prop trading regulations. Evripidou's regulatory background at the FCA could prove valuable as the industry navigates evolving compliance requirements.

Her earlier career included consulting work at Europe Economics and internships at the Office of Fair Trading and KPMG Cyprus.

This is the latest executive move reported today, following Alpaca’s announcement that Juha Ristolainen, former CTO at Upvest and Wise, is joining the fintech’s team, which focuses on investment instruments and platforms.