$11 million funding round announced Wednesday in Kantox, a foreign-exchange platform headquartered in London. He's (Patrick de Nonneville) also joining the startup's board. Both Lendix and Kantox are part of a new wave of businesses using technology to make banking faster, cheaper, and easier. In the process they are also terrifying traditional banks by eating into their business. "There's a big realisation inside the financial industry that the changes which are being brought about for big financial companies have opened up a lot of opportunities outside of the main banks," de Nonneville told Business Insider. "I don't think these big banks are bad at innovating. [But] it's very, very different doing inside a very big organisation, which can have a different focus to the one that you want to have, to doing it with a smaller, very driven team."

http://www.businessinsider.com/former-goldman-sachs-partner-patrick-de-nonneville-invests-in-kantox-fx-platform-raise-11-million-series-a-2015-5