nanoPay Corporation, a Toronto, Ontario, Canada-based real-time payments platform provider, completed a $10m Series A funding.
Backers included the Merchant Banking Division of Goldman Sachs, APAGM Services LLC (Andrew Prozes), Jarnac Capital Management and Rohatton.
The company intends to use the funds to develop new partnership and add services focusing on B2B and B2C applications, to expand the global utility and acceptance of MintChip.
Founded in 2012 by Laurence Cooke, CEO, nanoPay provides an innovative platform that securely stores and transfers any form of digital asset between users, instantly and without intermediaries. Its open APIs enable banks, payment services providers and businesses to use the platform for low-cost, real-time payment applications.
The platform uses cryptography to protect assets and is designed to work both online and offline.