Barcelona’s darling fintech startup Kantox has hit an incredible new milestone this week as they surpassed the $1 billion mark of funds traded on their foreign exchange platform. A billion. That’s a 1 with 9 zeroes after it: 1.000.000.000. Not too shabby for a startup that was founded in a 54-hour Startup Weekend challenge back in 2010.
The headline capturing figure is actually more impressive when you realize their recent acceleration in growth. They closed the final $100M in less than 4 weeks alone during December and just yesterday Kantox CEO, Philippe Gelis announced a $17M trade, their second largest to-date.
To the read the full story of how they went from $0 to $1.000.000.000 – head over to their blog here: