Kantox Named In EBG's Prestigious Top 100 List 2014

Kantox has been named among the top 100 startups 2014 in France by Electronic Business Group (EBG) in its annual list. The prestigious list identifies the most important companies in France for digital innovation every year and with the potential for international success.

What is the EBG TOP 100 Startups?

As detailed by EBG, "The TOP 100 Startups brings together innovative companies that have the greatest potential for success and international expansion. This list was compiled by the Committee of EBG Open Innovation; it will evolve over time and the 10 entrepreneurs selected as the most innovative of France will be invited to speak at the 1000 participants at the Summit on Digital Innovation EBG."The selection was made by the EBG Committee on Open Innovation which brings together the heads of large groups, as well as leading entrepreneurs and investors. Companies were chosen based on the ability to disrupt their industry, including the sectors of e-commerce, mobile, digital processing and finance. Additionally, market growth in revenue, number of years in existence and expansion plans are all taken into consideration.[caption id="attachment_1631" align="aligncenter" width="514"]

From left, Antonio Rami and Philippe Gelis, founders of Kantox[/caption]

What Makes Kantox Innovative?

Kantox has grown to an 800+ client strong foreign exchange service provider with a target of exchanging a total of $1 billion by the end of 2014. The company was born from a groundbreaking idea by the founders, Philippe Gelis and Antonio Rami, to cut out the middleman in foreign exchange and connect two companies to each other directly.This reduces the high bank or broker fees that typically come with international transactions allowing European SMEs to save up to 80% on their foreign exchange transactions."Being named in the EBG TOP 100 list 2014 s a privilege that recognises the continued hard work at Kantox to create a disruptive foreign exchange solution; something that is being recognised by more and more SMEs in France as well as in other European countries as a method to fundamentally better their foreign exchange strategy." Philippe Gelis, co-founder and CEO of Kantox.Kantox foreign exchange management platform is pushing innovation in foreign exchange through the following:

• Live mid-market rates updated in real-time
• Instantaneous FX rate alerts service
• Multi-user and multi-subsidiary control from one account
• Automated transaction information dashboard
• Access to close trades 24 hours, Monday to Friday
• Cutting-edge electronic platform

To find out what Kantox can do for your foreign exchange strategy, click on the following link: