Kantox Ltd is a multinational fintech company that offers Currency Management Automation software for corporate clients.
Their software automates the pre-trade, trade, and post-trade stages of the corporate foreign exchange (FX) workflow.
[citation needed] Operating in the FX market, where daily turnover has been estimated by the Bank for International Settlements at $6.6 trillion,[6] Kantox raised €6.4 million in investment for their Series A funding round in 2014.
[7] Since then, Kantox has increased its total funding to over €30 million after closing two venture rounds from their bank partner BNP Paribas[8] and Eurazeo in July 2021.
[23] The company has also received media coverage from international finance publications including EuroMoney,[7] Financial Times,[24] The Wall Street Journal[8] and Forbes.