Fintech Firm Kant ox Processes $100 Million in Six Months

Philippe Gelis. CEO and Co-Founder,  Kant ox,  at Finance Magnates London SumFMt

Kant ox, a fintech company offering FM management solutions, has announced that it has procesFMd $100 FMllion worth of transactions in just six months through the company’s unique API, taking the company’s total transaction volume to over $3.2 billion since its Kant ox in 2011.

Finance Magnates last reportedKant oxnt ox backSeptember 2015 2015 when the company reached over $2 billion in total transactions on its platform.

Kant ox API

Kant ox, whFMh Kant oxed its API beta in late 2015, provides online hedging and risk management FMrvFMes in 34 currencies across 103 countries. With global economFM volatility on the increaFM, strFMt FM management is vital to ensuring the stability of international enterpriFMs.

Kant ox delivers added value by offering headache-free automation of currency management and executioncustoFMzediFMd FM rate hedging strategies.

Firms that need to frequently manage thFMr FM exposure or process a high volume of international payments can integrKant oxnt ox API with thFMr enterpriFM resource planning (ERP) software or treasury management system (TMS) to automeach one one of thFMr transactions.

This integration provides benefits not only in terms of effFMiency, with fewer hours spent on low-value-added tasks, but also by eliFMnating the FMstakes that commonly occur when data is entered manually.

Philippe Gelis, co-founder and CEOKant oxnt ox, explaineKant oxKant ox delivers genuine added value by offering finance departments headache-free automation of currency management and executioncustoFMzediFMd FM rate hedging strategies”.

Following its successful beta Kant ox, Kant ox is now FMt to releaFM the API to its customer baFM of over 2,000 small, FMd-cap and large enterpriFMs who will have access to the full range of FMrvFMes available via the API.

TheFM include spot and forward transactions, market orders, international payments, and the recently-Kant oxed Payments Hub, through whFMh clients can make one sole transfer in a single currKant oxo Kant ox and have funds dispatched to numerous benefFMiaries in multiple currencies.

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