STARTUP PROFILE

Kantox

Updated: 10/2018

Kantox

Spain / London , United Kingdom

Website

Series C 08/2017

Pitch

Kantox targets the trillion dollar foreign exchange market, offering transparency, lower fees and risk management tools to corporate clients on its P2P platform.

Why

Strong currency exchange demand

Large and consistent need for foreign exchange services, which are integral to international business

Opaque charges

Banks and exchange houses' commissions and fees are often high and not disclosed before transactions.

Customized industry solutions needed

Tailor-made foreign exchange solutions can help corporations optimize their financial management.

Market

$3 trillion

Estimated value of currency exchanged globally on a daily basis.

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