• FOUNDING YEAR: 2013
    LOCATION:
    Canada
    REGION:
    ON
    Last Update:
    18 Oct, 2019
    Company priority:
    We're on to something big this year!

Description

FOCUS

PRODUCTS & SERVICES:
Cross-Border Payments * Enable instantaneous, multi- currency transfer of funds across borders and continents * Satisfy diverse global risk and compliance requirements B2B Payments * Exchange goods and services with international trading partners with complete transparency and transaction context * Improve cash flow without exchanging sensitive banking information Digital Cash * Designed to enable person-to- person (P2P) payments online and in-store * Securely store and instantly transfer value with a collateralized, bearer-asset system Capital Markets * Integrate digital cash into banks’ back-end systems to reduce clearing and settlement costs * Free trapped capital caused by typical T+3 timeframes
REVENUE MODEL:
Viewable by subscribers only
PRIMARY PROBLEM SOLVED:
Real time payments, real time settlement

PEOPLE

FOUNDERS:
Laurence Cooke, Hilton McGough
Board Members and Advisors:
Caspar Sinnige, Deborah Weinswig, CPAGary Swart, Gregory Smirin, Ken Arnold, Dr. Nicko van SomerenTracey Black, Robert Crockford
NUMBER OF EMPLOYEES:
11-50

TRACTION

VALUATION / MARKET CAP:
$2.27 MM in 2015
ACTIVE USERS COMMENT:
We have been live in Canada since June 2016

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$10.35 Millions
DATE OF LAST FUNDING:
Oct 2016
SEED & PRIOR FUNDING:
$350 K
SEED CLOSED ON:
Oct 2013
FUNDING SERIES:
SERIES A
$10 Million Closed: Oct 2016
LISTED:
NO

LATEST RESEARCH