Kantox provides a transparent online platform for businesses to manage foreign exchange transactions. The platform displays live mid-market exchange rates and allows users to make spot trades and forward contracts in over 35 currencies with just one click. Kantox aims to bring more transparency to the opaque FX market by openly displaying fees, which average 80% lower than banks. The company has over 1,300 business clients in more than 40 countries that use the platform to benefit from Kantox's competitive rates and simplified FX management.

1. © Kantox, 2015
Foreign Exchange For Your Business
Corporate Presentation
London, 2015

2. © Kantox, 2015
USD 5.300.000.000.000 PER
DAY = world GDP every 14 days
92% due to speculation
vs. 8% global trade
2 segments:
deliverable vs. non-deliverable
Decentralised market
24 hours
(Sunday night to Friday night)
Kantox | Corporate Presentation
The FX market is by far the largest in the world

3. © Kantox, 2015
Source: Euromoney Market Data; Bank of International Settlements
OLIGOPOLY
6 largest banks > 60% market share
NO TRANSPARENT PRICING POLICY
OPACITY
With regards to pricing (spread)
SCANDALS AND BILLION FEES
Kantox | Corporate Presentation
But the FX market is unfair and not transparent

4. © Kantox, 2015
Transparency counts
Kantox | Corporate Presentation
At Kantox we believe that the finance industry, too long known
for its opacity, greed and lack of innovation, needs a dramatic,
pervasive overhaul for the better. We believe that it is time to
change the finance industry to instill the virtues of transparency,
efficiency and fairness. This is what drives us at Kantox.
Banks and brokers maintain opacity to charge their clients way
too much. Indeed, while they hide their commissions and fees in
the exchange rate they offer, they usually argue that there is no
commission. In some cases, they also use dumping methods,
offering unbeatable rates to get you as a client only then to
increase these hidden fees (also named spread).
At Kantox, we always display the mid-market exchange rates*.
With our Benchmark service, which we offer for free, you can
now compare your bank/broker to the true market benchmark
rates. That way, you know exactly how much you pay and how
much we earn. In other words, we are fair.
* Also known as the interbank rate, it is the live average between the bid
and the ask price in the FX market. In other words, it is the “true”
exchange rate, without any commission or fee.
Kantox is a pioneering firm in the FX industry, bringing light and providing fresh air in an obscure, static market.
Expertise and passion result in an efficient and transparent solution to serve real economy clients
Pair Spot 3 Months
EUR/USD 1,3719 1,3719
EUR/GBP 0,8157 0,8162
EUR/CHF 1,2232 1,2226
EUR/JPY 138,9100 138,8627
GBP/EUR 1,2260 1,2252
GBP/CHF 1,4997 1,4974
GBP/JPY 170,3800 170,2662
GBP/USD 1,6823 1,6817
+ more currencies
You can find our Kantox Benchmark service at kantox.com.

5. © Kantox, 2015
Your FX Management Platform
Kantox | Corporate Presentation
Kantox helps you manage all your FX operations from one single platform, providing you with the information you
need at every point, while keeping it simple and easy to use.
Live mid-market
exchange rates
Manage your
FX transactions
FX Dashboard
Customised FX
rate alerts
Multiple subsidiary
management tool
Multiple user
management tool
Understanding your FX costs. Managing users and subsidiaries that participate
in FX operations. Finding the best time to transact. These are just some of the
benefits of using the Kantox online platform.
SWIFT transfer
confirmation
Personalised
technical supportSWIFT

6. © Kantox, 2015
78% of our clients save more than 80% compared to their bank
Kantox | Corporate Presentation
More than 1,300 clients in over 40 countries, including listed
public companies.
As you can see below, we are transparent with the fees
that we charge. We want our clients to perfectly
understand our pricing and really know what they pay
when they exchange foreign currencies with us.
This is how we differ from banks and brokers, who hide
their high fees in the spread.
On average, for every USD 1 Million they trade, our clients save more than USD 15,000 compared to banks or
brokers. We have recently reached USD 1 Billion in transactions.
Marc
Corporate Treasury Manager, FICOSA
“Their business proposition is simple and brilliant: they offer SME's a platform
displaying mid-market rates that the treasurer can close in just 1 click”
Steven
Chief Financial Officer, SIFT
“We’ve completed a number of FX trades with Kantox and the process was
much smoother than any previously undertaken”
Ignacio
Global Treasurer, HMY GROUP
“Kantox is our main FX management tool. I love the simplicity of the platform,
their transparent fees and their efficient team”
Testimonials
bank
> EUR 20 Million 0.09 %
EUR 10 – 20 Million 0.14%
EUR 5 – 10 Million 0.19%
Traded annually Fee %
0.5 - 2.5 %
sometimes even more
Fee %
EUR 2 – 5 Million 0.24%
< EUR 2 Million 0.29%

7. © Kantox, 2015
Pioneering currency exchange
Kantox | Corporate Presentation
When no matching is available with any other company, we
provide you access to the wholesale FX market to trade at
very tight spreads that we are able to achieve thanks to our
size. By using these 2 approaches, Kantox is able to provide
a one-stop-shop solution with full liquidity in all currencies
we offer.
When possible, we offer you the opportunity to match your
transactions with other companies. In other words, you can
buy or sell currencies between other companies, while at the
same time side-stepping banks and brokers. It is the most
efficient solution to exchange foreign currencies.
Kantox offers SMEs and Mid-caps a solution usually only available to large companies. The mid-market rates are
displayed on our platform to provide you with full transparency and trades can be closed in just 1 click
A B
€
$
€
$ A
€
$
€
$
We offer 2 different approaches to trade with Kantox:
Kantox is authorised by the Financial Conduct Authority, FRN: 580343, as a Payments Institution under the Payment Services Regulations 2009 for the provision of payment services.
As required by the Payment Services Regulations 2009, our clients’ funds are permanently held in segregated client bank accounts in leading banks and so cannot be claimed by
creditors. Client funds are always protected, as they are completely independent of Kantox business accounts and assets. Note that we never use your funds to speculate in the market.

8. © Kantox, 2015
More than 35 currencies available & free international payments
Kantox | Corporate Presentation
We offer both spot and forward transactions in more than 35 currencies, and international payments
to more than 50 countries are totally free
Spot Transactions
Forward Contracts
Free International Payments
Exchange foreign currencies now. The exchange rate is set
immediately online and you receive the funds on the same day,
T+1 or T+2 depending on the currency you exchange.
Hedge FX risk by setting the FX rate now for a future transaction.
Note that we also offer flexible forwards.
For us, the cost of a payment is exactly the same regardless of the
destination. For this reason we offer you the opportunity to make
payments to foreign providers through Kantox for free. That way, you
will also save on bank transfer fees.
Destination Currencies
EUR (Euro)
USD (US Dollar)
GBP (British Pound)
AUD (Australia)
CAD (Canada)
CHF (Switzerland)
CZK (Czech Rep)
CNY (China)
DKK (Denmark)
GHS (Ghana)
HKD (Hong Kong)
HRK (Croatia)
HUF (Hungary)
JPY (Japan)
KES (Kenya)
LKR (Sri Lanka)
ILS (Israel)
MXN (Mexico)
NOK (Norway)
NZD (New Zealand)
PHP (Philippines)
PKR (Pakistan)
PLN (Poland)
RON (Romania)
RUB (Russia)
SEK (Sweden)
SGD (Singapore)
THB (Thailand)
TND (Tunisia)
TRY (Turkey)
ZAR (South Africa)
ZMW (Zambia)

9. © Kantox, 2015
Regulation
Kantox | Corporate Presentation
Kantox is authorised by the Financial Conduct Authority, FRN: 580343,
as a Payments Institution under the Payment Services Regulations
2009 for the provision of payment services. We also hold service
Passports to all European Countries and a Branch Passport in Spain.
As required by the Payment Services Regulations 2009, our clients’
funds are permanently held in segregated client bank accounts in
leading banks and so cannot be claimed by creditors. Client funds are
always protected, as they are completely independent of Kantox
business accounts and assets. Note that we never use your funds to
speculate in the market.
We are registered with the HMRC as a Money Services Business -
Registration Number 12641987.
Our Offices
Headquarters
6 Bevis Marks
London
EC3A 7BA
United Kingdom
(+44) 20 3608 6984
Barcelona Office
Torre Mapfre, Planta 10
Marina, 16-18
08005 Barcelona
Spain
(+34) 935 679 834
We are authorised as a Payment Institution by the Financial Conduct Authority

10. © Kantox, 2015
About us
Kantox | Corporate Presentation
Our management team includes professionals with extensive experience in firms like BNP, Deutsche Bank, FXall,
ABN Amro, Nomura, Deloitte, Intel and HP.
Investors
Our investors include leading venture capital firms such as Partech Ventures, IDInvest Partners and Cabiedes Partners, financial
industry professionals coming from firms like HSBC, BNP and Deloitte and successful Internet entrepreneurs.
Board of Advisors
Kantox's European Board of Advisors combines expertise from all its members to help us maintain our position as a key disruptor
of the antiquated FX industry. The founder of Treasury Peer, Magnus Lind now acts as adviser. He is joined on the advisory board
by François Masquelier head of Corporate Finance, Treasury and Risk at RTL Group and vice chairman of Euro Associations of
Corporate Treasurers. Claire Bridel brings 20 years’ experience across leading operational roles in financial corporations to the
board, including Natixis CIB, Newedge and Fimat.
Philippe Gelis
CEO
John Carbajal
CTO
Laurent Descout
CFO
Marek Fodor
CHAIRMAN OF THE BOARD
Antonio Rami
COO

11. © Kantox, 2015
Press
Kantox | Corporate Presentation
Kantox has been featured in the most prestigious financial newspapers
Many SMEs fail to grasp foreign exchange risk
Sales are nice, but if the profit margin on those sales is lost in poor FX management, then it’s a pity. It’s nice to grow,
but nicer to grow profitably. Finance Officers usually know they have an exposure, but knowing and managing
that exposure is not really their core business.”
By Liz Bolshaw, September 26, 2013
Sidestepping banks, companies trade FX with each other
A London company has come up with a way for companies to exchange currency payments
directly with each other, avoiding banks' fees.
By Chana R. Schoenberger, May 16, 2012
Cutting through the FX thicket
When the typical SME buys FX it is not efficient at all. There is a very big dichotomy between what the market says it is,
meaning very efficient in price setting, and what the reality is for SMEs
By Andy Davis, February 15, 2012
Forex Scandals, Fines, and How A French Entrepreneur Is Bringing Fairness And
Transparency To SME’s
Until recently, SMEs have had little choice in terms of where to go, other than to the banks, but now it seems a different FX model is
emerging in the FinTech sector, led by some innovative start-ups looking to give the banks a run for their money.
Alison Coleman, 13 Noviembre 2014

12. © Kantox, 2015
Headquarters
6 Bevis Marks
London
EC3A 7BA
UK
(+44) 20 3608 6984
Barcelona Office
Torre Mapfre, Planta 10
Marina, 16-18
08005 Barcelona
Spain
(+34) 935 679 834
Kantox Ltd is authorised
in the United Kingdom by:
The Financial Conduct Authority (FCA)
as a Payments Institution, under the
Payment Services Regulations 2009.
(REF: 580343).
kantox.com
Copyright © 2015 Kantox