Kantox, located in London, United Kingdom, was born out of the idea of disintermediating banks and brokers from the foreign exchange process, thereby driving down costs and administration time for companies. Instead of trading through a bank or broker, with Kantox, two trusted companies trade with each other directly, peer-to-peer.
They have more than 1,500 corporate clients. This year, 2015, they reached over $2 billion in total transactions.
Kantox is a platform that offers a comprehensive FX management solution for SMEs and mid-cap companies.
Features include live mid-market rates updated in real time, FX rate alerts, a multi-user and multi-subsidiary account, complete client FX information dashboard and trading access round the clock Monday to Friday.