| Website | kantox.com |
| Blog | blog.kantox.com |
| @kantoxFX | |
| Category | Enterprise |
| Phone | (0044)2081333531 |
| Employees | 6 |
| Founded | 6/11 |
| Description | FX hedging |
| TOTAL | $219k |
| VENTURE FUNDING TOTAL | $219k |
| Seed, 7/11 François Derbaix Marek Fodor Carlos Blanco KOMM Investment | €150k |
Kantox is a disruptive FX hedging solution without banking intermediation, the world’s first based on the peer-to-peer concept.
We truly think that derivatives are not a solution but THE problem. We believe that the financial industry requires a radical rethink and that innovative financial services creating NO systemic risk are more important than ever. Based on these conclusions, we developed a simple, transparent and fairly-priced FX hedging solution, available both for SMEs and large companies: Kantox.
Kantox is the alternative to traditional FX hedging products offered by banks (forwards, options, etc.). We simply created a netting marketplace where companies can look for and find others companies - their counterparties - with opposite currency flows to match and net their flows. This way, Kantox is able to offer a transparent and fairly-priced FX hedging solution without banking intermediation which does not require any kind of margin deposit nor margin call to close your hedge.
Our client portfolio includes both SMEs and multinational companies with billion revenues. Our investors include successful entrepreneurs from the Web industry and professionals from the finance industry, including partners from Deloitte or HSBC.
How does Kantox work?
Added: 12/24/11
