Kantox Has Partnered With London-Based Fintech, Revving

We’re thrilled to announce that Kantox has partnered with London-based fintech, Revving, to provide an integrated and embedded finance and working capital solution.

Digital sellers face massive time lags from the point of sale until they are paid, often in multiple currencies, straining working capital and creating foreign exchange risk. Through the Kantox/Revving collaboration, customers can immediately access their revenues in their preferred currency, unlocking funding to support growth while protecting margins from FX fluctuations and risk.By embedding the solution, digital intermediaries such as supply-side platforms (SSPs) and marketplaces can offer their connected partners market leading payment terms combined with a multi-currency service, enhancing their offering while increasing profitability. Chris Pettit, CEO & Co-Founder at Revving, explains: “I’m extremely proud to unveil our partnership with Kantox. We share the same drive, philosophy and complete focus on delivering the best products and services for our customers. The combined Kantox/Revving integration brings us one big step closer to fulfilling our ambition to revolutionise factoring for the digital economy.”Michael Schimmel, Chief Commercial Officer for Kantox, added: “Kantox and Revving share a collective goal of accelerating transformation within the financial sector. We’re delighted to embark on this partnership and offer our joint clients an innovative end-to-end working capital and currency management automation solution”.