nanopay

b2b fintech

FOUNDING YEAR: 2013
LOCATION:
Last Update: 05/07/2020

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About

Unleashing a Future of Frictionless® Payments - Payments are increasingly moving digital—and the need for a frictionless platform that securely stores and moves money in an instant without intermediaries is essential to reducing the cost and risk of payments. Meet nanoPay—the new way the world will transact. Designed by Dr. David Everett, one of the world’s foremost leaders in digital currency, the platform is a fully-distributed asset transfer system with a new transfer protocol to enable secure, instantaneous payments across a number of use cases.

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

The Company generates revenue from transaction and license fees

PRIMARY PROBLEM SOLVED

Real time payments, real time settlement

Traction

VALUATION / MARKET CAP:

$2.27 M in 2015

ACTIVE USERS COMMENT:

We have been live in Canada since June 2016

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

51-200

INVESTORS:

APAGM

APAGM

Goldman Sachs

Goldman Sachs

Jarnac Capital Management

Jarnac Capital Management

Ken Arnold

Ken Arnold

Rohatton

Rohatton

Momentum

FUNDED

YES

TOTAL FUNDING

$10.35 M

DATE OF LAST FUNDING

Oct 2016

SEED & PRIOR FUNDING

$350 K

FUNDING SERIES

SERIES A  · $10 M  · Oct 2016

LISTED

NO

BASICS

FOUNDING YEAR:

2013

LOCATION:

Views:

117 VISITORS | 225 VIEWS
LATEST FUNDING ROUND

$10.4 M

TOTAL EMPLOYEES
51-200

About

Unleashing a Future of Frictionless® Payments - Payments are increasingly moving digital—and the need for a frictionless platform that securely stores and moves money in an instant without intermediaries is essential to reducing the cost and risk of payments. Meet nanoPay—the new way the world will transact. Designed by Dr. David Everett, one of the world’s foremost leaders in digital currency, the platform is a fully-distributed asset transfer system with a new transfer protocol to enable secure, instantaneous payments across a number of use cases.

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