Prop firm news

Kudo appointed the former head of FunderPro's affiliate network to lead Kudo Funded

On Monday, November 9, CFD broker Kudo announced that Felice Digennaro will head its prop division Kudo Funded. Previously, at prop firm FunderPro, he was responsible for the affiliate program, that is, for attracting traders rather than for trading conditions.

Kudo appointed the former head of FunderPro's affiliate network to lead Kudo Funded

What matters in 30 seconds

30 SEC
  • 01

    Felice Digennaro, who previously ran FunderPro's affiliate program, has been appointed to head Kudo Funded

  • 02

    The division has been operating since September 2025, with challenges running on accounts up to $200,000

  • 03

    The website states more than 5,000 accounts issued and over $1.2 million paid out to traders

  • 04

    Trading at Kudo Funded takes place in a simulated environment on virtual funds

  • 05

    This is the third departure of a FunderPro executive to a top industry post this year

Kudo Funded's prop division is now headed by Felice Digennaro. CFD broker Kudo announced this on Monday, November 9. Before the move, Digennaro was responsible for the affiliate program at prop firm FunderPro.

What the role is. An affiliate program is about attracting traders through partners and advertising. It has nothing to do with the trading conditions of an account. How the challenges and payouts themselves work is covered in the academy.

Why this matters to traders. The division is now led by a person from marketing. The account rules, meanwhile, are set out on the company's website, including trading in a simulated environment.

What is known about Kudo Funded

The division is young. It has been operating since September 2025, and the broker itself was previously called Kudotrade.

  • up to $200,000 - the maximum account in Kudo Funded challenges
  • more than 5,000 - funded accounts issued, according to the company's website
  • over $1.2 million - paid out to traders, according to the same website
  • June - the month the broker changed its name to Kudo.com
  • Mauritius - the license of the entity through which client trades are executed

Who is Felice Digennaro

The new head's background is marketing. At FunderPro he led the partner relations team and was responsible for campaign performance. He was previously a content curator at TradeLocker and headed Amikone.

He also compiled data on prop firm advertising with bloggers:

  1. Scope of the research. By his count, more than 10,000 trading creators were tracked.
  2. Sample size. It included 85,387 posts.
  3. Result. Engagement on promotional posts was 0.58% versus 1.05% for regular ones.
Finley Wilkinson, COO of Kudo, said that Digennaro's leadership "will play an important role in supporting our ambitions."

Why is this the third departure from FunderPro?

Over the year, three people left FunderPro for senior roles in the industry. Digennaro is the third.

  1. January. Former deputy CEO Petros Kalaitzis became head of IC Markets' prop division.
  2. March. Andreas Pilavakis left his position as head of operations and became COO of GOAT Funded Futures.
  3. November. Felice Digennaro took the helm at Kudo Funded.

What does this mean for traders?

The main line is worth reading on Kudo Funded's own website. Trading takes place in a simulated environment using virtual funds.

The company talks about expansion plans. What to watch:

  • UAE Category 5 license - obtained in June, it covers promotion and client acquisition
  • New permits - they are expected in the UAE following this license
  • Competitors' terms - they can be compared in the prop firm directory

Did you read the program rules in full before paying?

A program is usually chosen from a page with big numbers. But the rules live in the documents below: the simulated environment, the procedure and timing of payouts, whose license holds the account, who runs the division. In the PropMarketCap directory, these points are consolidated by company in one place and kept up to date. It makes sense to go through them calmly now, before it comes to the first payout request.

Where to next

Source: Google News EN: prop2 views