Monneo and Kantox form new cross-border payments partnership

UK-based virtual IBAN and corporate account provider Monneo has announced a new partnership with automated currency management business Kantox.

The new partnership will give Monneo customers access to immediate foreign exchange transfers across different currencies.

“We’re really excited to formally announce our partnership agreement with Kantox,” said Lili Metodieve, managing director of Monneo. “As a business, we pride ourselves on constantly investing in the support we offer our customers.

“We’re committed to continually offering new and improved services, which ease the process of financial transactions. With Kantox’s assistance, we are able to deliver again on this promise and can facilitate outgoing payments in a wide range of different currencies."

Michael Schimmel, chief commercial officer at Kantox – which has offices in London and Barcelona, commented: “It’s great to see Kantox’s solution incorporated into Monneo’s exciting service. Despite specialising in different areas, our two companies share a number of important goals, which helps to make us naturally aligned. Now, we’re excited to see how this partnership agreement benefits customers, particularly when it comes to conducting financial transfers across borders.”

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