# Kantox

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kantox

- Industry: Software
- Headquarters: London, UK
- Website: www.kantox.com
- Total disclosed funding: $18M
- Latest round: Series C (Jul 31, 2017)
- Investors on record: 6

## About

Kantox Limited, based in the UK, provides innovative Currency Management Automation solutions to streamline businesses' foreign exchange processes and optimize currency risk management.Kantox Limited specializes in currency management solutions for businesses, founded in London, UK, in 2011 by Antonio Rami and Philippe Gelis. The company has successfully completed 8 deals, with its most recent funding round being a TRADE SALE in October 2022, raising GBP 120 million from BNP Paribas, resulting in a total amount raised of GBP 120 million. Philippe Gelis continues to lead as CEO.Kantox specializes in Currency Management Automation, offering a suite of tools to enhance foreign exchange workflows, including Dynamic Pricing and Dynamic Hedging. These solutions are designed for businesses to manage currency exposure efficiently, protect profit margins, and automate FX transaction tasks, serving clients across various industries like travel, logistics, pharmaceuticals, and fintech, in Europe, North America, and parts of Asia.In 2023, Kantox reported a revenue of GBP 7,418,866.50 and an EBITDA of GBP 859,203.40, operating under a subscription-based model that supports businesses through tailored FX management solutions.Following the acquisition by BNP Paribas in October 2022 for GBP 120 million, Kantox aims to bolster its development of new technological innovations as part of BNP Paribas’ Growth Technology Sustainability 2025 plan. This initiative focuses on enhancing client experience and expanding capabilities. The company plans to target new geographic regions for market expansion and is designing new products to meet evolving client needs.

## Funding rounds

- Series C, Jul 31, 2017, $6M — Idinvest Partners, Partech Partners, Mundi Ventures
- Series B, May 27, 2015, $11M — Idinvest Partners, Partech Partners, Cabiedes & Partners
- Series A, Sep 3, 2012, $1.3M — Cabiedes & Partners, Mola.com
- Series A, Sep 7, 2011, $0.2M — Cabiedes & Partners, KOMM Investment

## Investors

- Cabiedes & Partners (https://capitalatlas.ai/funds/cabiedes-partners) — Series A, Series B
- KOMM Investment — Series A
- Mola.com — Series A
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B, Series C
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series B, Series C
- Mundi Ventures (https://capitalatlas.ai/funds/mundi-ventures) — Series C