BNP Paribas To Acquire Kantox

Funding Rounds

▤ Summary

BNP Paribas is to acquire Kantox, a London, UK-based fintech for automation of currency risk management. Dynamic Hedging is an innovative software solution developed by Kantox, which allows corporate treasurers to fully automate and streamline FX workflows. The solution will complement the product suite available on Centric, BNP Paribas’ digital banking platform. Led by Philippe Gelis, CEO, Kantox is a fintech company building software solutions that help businesses to overcome complex FX challenges and leverage foreign currencies for growth. Its expertise and solutions allow businesses to capture FX exposure data and automate their hedging, payment and collection processes.

$ Funding

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Amount - Total raised
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Date - Announcement date
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Investors 2bCrowdFunded Digital Magazine, BNP Paribas USA Lead investors
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Company - Funded company

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Fintech & Banking
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