About Kantox
Kantox is a company based in London (United Kingdom) founded in 2011 by Antonio Rami Alos and Philippe Gelis was acquired by BNP Paribas in October 2022. It operates as a SaaS (Software-as-a-Service), and FinTech. Kantox has raised $46.59 million across 10 funding rounds from investors including SVB, BNP Paribas and Partech Partners. The company has 4 employees as of January 31, 2021. Kantox offers products and services including Kantox Dynamic Hedging®, Kantox In-House FX, Dynamic Pricing, and Payments & Collections. Kantox operates in a competitive market with competitors including Payoneer, Ebury, Airwallex, Tipalti and Flywire, among others.
- Headquarter London, United Kingdom
- Employees 4 as on 31 Jan, 2021
- Founders Antonio Rami Alos, Philippe Gelis
- Stage Minicorn
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Kantox Limited
-
Annual Revenue
$4.47 M (USD)-73as on Dec 31, 2022
-
Net Profit
$-222.38 K (USD)93as on Dec 31, 2022
-
EBITDA
$-647.73 K (USD)82as on Dec 31, 2022
-
Total Equity Funding
$46.59 M (USD)
in 10 rounds
-
Latest Funding Round
$7.87 M (USD), Series C
Jul 12, 2023
-
Investors
SVB
& 8 more
-
Employee Count
4
as on Jan 31, 2021
-
Acquired by
BNP Paribas
(Oct 11, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Kantox
Kantox offers a comprehensive portfolio of products and services, including Kantox Dynamic Hedging®, Kantox In-House FX, Dynamic Pricing, and Payments & Collections. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automated FX hedging solutions are provided for businesses.
Centralized FX management solutions are offered to companies.
Live FX rates are used for dynamic pricing.
Automated FX payments are facilitated for incoming/outgoing transactions.
Unlock access to complete
Funding Insights of Kantox
Kantox has successfully raised a total of $46.59M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $7.87 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series C — $7.9M
-
First Round
First Round
(01 Jul 2011)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series C - Kantox | Valuation |
investors |
|
| Dec, 2022 | Amount | Series C - Kantox | Valuation |
investors |
|
| Jan, 2020 | Amount | Series C - Kantox | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kantox
Kantox has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, BNP Paribas and Partech Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Equity investments are provided to low and middle market companies.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on B2B business model and insurtech sectors
|
Founded Year | Domain | Location | |
|
Venture capital is provided to global tech startups and scale-ups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Kantox
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Kantox
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kantox Comparisons
Competitors of Kantox
Kantox operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Payoneer, Ebury, Airwallex, Tipalti and Flywire, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled for businesses via diverse payout methods.
|
|
| domain | founded_year | HQ Location |
Forex risk management and payment solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Cross-border payments are processed for businesses via tools and APIs.
|
|
| domain | founded_year | HQ Location |
Cloud-based procurement and invoice management solutions are offered to businesses.
|
|
| domain | founded_year | HQ Location |
Flywire is recognized as a global payments and software expert.
|
|
| domain | founded_year | HQ Location |
Global payment solutions are provided by Rapyd to businesses worldwide.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Kantox
Frequently Asked Questions about Kantox
When was Kantox founded?
Kantox was founded in 2011.
Where is Kantox located?
Kantox is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Kantox?
Philippe Gelis is the current CEO of Kantox. They have also founded this company.
Is Kantox a funded company?
Kantox is a funded company, having raised a total of $46.59M across 10 funding rounds to date. The company's 1st funding round was a Series C of $10.4M, raised on Jul 01, 2011.
How many employees does Kantox have?
As of Jan 31, 2021, the latest employee count at Kantox is 4.
What is the annual revenue of Kantox?
Annual revenue of Kantox is $4.47M as on Dec 31, 2022.
What does Kantox do?
Kantox is engaged in delivering currency management automation software to businesses. Solutions are provided across industries like travel, AdTech, food, chemicals, mechanical engineering, pharmaceutical, logistics, and FinTech. Automated FX workflows are offered, including hedging, pricing, payments, and collections. Currency risk is managed through tools like Dynamic Hedging and In-House FX. Competitive advantages are enabled by integrating real-time FX data for pricing and risk management. Operations are supported for CFOs, treasurers, and CEOs to reduce manual tasks and enhance efficiency.
Who are the top competitors of Kantox?
What products or services does Kantox offer?
Kantox offers Kantox Dynamic Hedging®, Kantox In-House FX, Dynamic Pricing, and Payments & Collections.
Who are Kantox's investors?
Kantox has 9 investors. Key investors include SVB, BNP Paribas, Partech Partners, Idinvest Partners, and Mundi Ventures.
What is Kantox's valuation?
The valuation of Kantox is $118.93M as of Jan 2020.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.