Kantox provides Citi’s commercial bank with enhanced FX payments

Corporate clients in US will see connectivity improvements as Kantox operates as “software layer”

Kantox co-founders
Left to right: Toni Rami, Philippe Gelis and John Carbajal

Kantox, an FX management and payment solutions provider, is providing Citi Commercial Bank with a co-branded solution that connects the bank’s foreign exchange clients in the US directly to Citi’s foreign currency payments platform.

The software – part of what Citi terms its dynamic management foreign exchange initiative – allows the bank to build API connections with clients at a fast pace and provides treasury automation for local and cross-border payments in multiple currencies for

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