Kantox is a cost-effective way to hedge FX risk and the world’s first FX hedging solution based on the peer concept. For large clients, hedging with Kantox will be almost free.
Kantox charges low flat fees (no matter the hedge duration), uses mid-market rate (not bid-ask rates), offers long-term hedges (there is simply no time limit) and requires no margin deposit nor credit line.
The company has been awarded in the Financial Congress, OMExpo Investor Day, V SeedRocket Campus, Startup Week-End and Link to Start.
Kantox consists in an innovative Web platform which allows companies to directly find counterparties (others companies) to net their future cash-flows in foreign currencies, at an agreed fixed exchange rate, and thus hedge their foreign exchange risk. By netting cash-flows in foreign currencies without the intermediation of banks, Kantox is able to offer companies a cost-effective hedging opportunity which does not require any margin deposit or credit line.