nanopay

Founded in 2012, nanopay is a Fintech company based in Toronto that provides a unique payment platform that powers multi-currency payment solutions with instantaneous settlement. In December 2015, nanopay acquired all assets related to MintChip, a digital currency platform developed by the Royal Canadian Mint. nanopay solutions include cross-border payment networks, business-to-business (B2B) payments and digital cash.

nanopay open APIs enable banks, payment service providers and businesses to securely store and transfer digital value between parties instantly and without intermediaries. The nanopay platform uses state-of-the-art cryptography and bank-grade HSM security and is designed for global regulatory compliance. nanopay is venture-funded with strategic investments from international partners including the Merchant Banking Division of Goldman Sachs.

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.

We are focused on 4 primary use cases for payments:
1. Cross-Border Payments

Enable instantaneous, multi- currency transfer of funds across borders and continents; Satisfy diverse global risk and compliance requirements.

2. B2B Payments

Exchange goods and services with international trading partners with complete transparency and transaction context; Improve cash flow without exchanging sensitive banking information.

3. 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.

4. 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