Strategic alliance in the Spanish Fintech Sector: Kantox & Novicap

NoviCap and Kantox have started working together to benefit our respective customers by providing a more complete financial service. NoviCap is an invoice payment platform which allows SMEs to access short term financing by advancing the payment of their outstanding invoices. One of the principle reasons for collaborating with Novicap is that we share values like transparency, agility, flexibility and offering personalised service.This strategic alliance opens the door to both companies to work across different financial service areas and to offer our clients a wider range of related services based on technological solutions. The competitive value of Fintech lies in the empowerment of the customer, who can conduct their daily operations, like currency exchange, in the case of Kantox, or financing invoices in the case of NoviCap, with greater transparency and flexibility compared to traditional financial services providers.Marc Antoni Macià, COO and co-founder of NoviCap says, “Our customers are SMEs who export, therefore need foreign currencies. The association with Kantox is totally natural and benefits the competitiveness of our clients”. Our CEO Philippe Gelis comments, “We firmly believe that the Fintech sector is not only the future, but is already part of the present: working in association is one form of benefitting the sector and our customers, building a more solid financial industry.”