“Can a regulated A2A payments rail replace virtual credit cards as the default money movement layer for global hospitality B2B?”
Founded 2020 in Amsterdam to rebuild B2B hospitality distribution and payments on a direct-connection model, bypassing virtual credit cards and GDS intermediaries. Secured PSD2 payments license in 2021 and US MSB in 2023 to operate payments in-house across its target geographies. Launched Katanox Capital in 2025 alongside a UK license — adding an embedded payment-advance product so travel agents can settle hotels at booking time while deferring their own cashflow, positioning Katanox as the full A2A financial rail for hospitality rather than a pure distribution platform.
Katanox discloses Katanox (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Katanox does not disclose a bank charter of its own; its banking services are provided through Katanox (in-house).
Katanox processes payments through Katanox Payments (in-house).
Katanox's lending and capital products are provided by Katanox Capital (in-house).
Katanox uses Katanox (in-house) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 4 layers in Katanox's stack: Payments / PSP (Katanox Payments (in-house)); Banking / BaaS (Katanox (in-house)); Lending (Katanox Capital (in-house) and Katanox Capital (embedded payment advance for travel agents)); FX & payouts (Katanox (in-house)).
Katanox was founded by Paul Beukers, Peter Wiesing, George Georgiadis and Imre Vogelezang and is founded in 2020, headquartered in Amsterdam, North Holland, Netherlands.
Katanox has raised $5.7M+ (disclosed) in total (latest round: Seed, 2022).
Get a read on where your own stack stands against Katanox and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.