About nanoPay
nanoPay is a Retail company based in Toronto (Canada) founded in 2013. Cross-border money transfers are enabled for businesses through APIs. It operates in the Retail and Financial Services sectors. nanoPay has raised $10 million across 2 funding rounds from investors including Goldman Sachs and Alchemist Accelerator. The company has 48 employees. Its website nanopay.net draws about 10 thousand monthly visits. nanoPay offers products and services including RequestMoney, Payments, Virtual Cards, Treasury, and Remittance. Its focus areas include In Store Retail Tech, POS, FinTech and Digital Remittance.
Company details
nanoPay was founded in 2013 in Toronto, Canada, and operates in the fintech sector focused on payment solutions. Cross-border transfers are facilitated for merchants accepting overseas payments for goods and services. APIs and liquidity management tools are provided to digitize transactions and mitigate risks. Domestic and international payments are supported via API integrations or customizable white-labeled interfaces.
- Headquarters Toronto, Canada
- Employees 48
- SectorsRetailFinancial Services
- Email••••••••
- Phone•••• ••••
- Website nanopay.net
- Social LinkedIn X Facebook
- Total Equity Funding$10M (USD)
in 2 rounds
- Latest Funding Round$10M (USD), Series A
Oct 2016
- InvestorsGoldman Sachs
& 1 more
- Employee Count48
Products & Services of nanoPay
nanoPay offers a comprehensive portfolio of products and services, including RequestMoney, Payments, Virtual Cards, Treasury, and Remittance.
Enables money requests for ecommerce and mobile payments.
Facilitates data-rich and traceable payment processing.
Manages one-time purchases and subscriptions with scheduling.
Handles fund pooling and payables through virtual accounts.
Supports international money transfers with competitive rates.
Funding Insights of nanoPay
nanoPay has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10M
- Total Rounds 2
- Last Round Series A — $10M
- Investors Count 2
All 2 funding rounds of nanoPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | $10M | Series A | – | Goldman Sachs | – |
| Jan 2015 | Seed | – | Alchemist Accelerator | – |
2 investors in total: 2 institutional.
Investors in nanoPay
nanoPay has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs and Alchemist Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Enterprise startups are accelerated via a 6-month program. | alchemistaccelerator.com | San Francisco, United States |
Investor details for nanoPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of nanoPay
15 people are tracked at nanoPay (10 in leadership, 5 in team); the tracked headcount is 48.
| Name | Role | Group |
|---|---|---|
Laurence Cooke | Founder & CEO | Leadership |
Kevin Greer | Chief Technology Officer | Leadership |
Zeldi Snyman | VP, Operations | Leadership |
Simon Keogh | Chief Sales & Marketing Officer | Leadership |
Kevin Hillgren | Managing Director, Treasurer | Leadership |
Kevin Wallace | Director Of Partnerships And Sales | Leadership |
Adam Fox | VP of Engineering | Leadership |
Syed Salman Mumtaz | Director - Cross-border Solutions | Leadership |
Moorthy R. | Director - Technology Operations | Leadership |
Bruce Marshall | Director, Compliance And AML | Leadership |
Ruby Zhang | Software Developer | Team |
Kristina Smirnova | Software Developer | Team |
Mykola Kolombet | Software Developer | Team |
Chanmann Lim | Software Developer | Team |
Mahimaa Jayaprakash | Software QA Analyst | Team |
Complete people profiles for nanoPay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of nanoPay
3 dated milestones of nanoPay across 3 years, from founding to its latest funding, stage changes and deals.
- Founded nanoPay is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $10.0M.
Web traffic of nanoPay
The website of nanoPay (nanopay.net) receives about 10.2K visits a month.
- Monthly visits10.2K
▲ 30.4% vs previous month
Websites whose visitors overlap most with nanoPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| remitly.com | 100% | 7M | #7,256 | View details | |
| riamoneytransfer.com | 100% | 1.6M | #34,811 | View details |
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Frequently Asked Questions about nanoPay
nanoPay was founded in 2013 and raised its 1st funding round 2 years after it was founded.
nanoPay is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
nanoPay is a funded company, having raised a total of $10M across 2 funding rounds to date.
nanoPay has 48 employees.
nanoPay was founded in 2013 in Toronto, Canada, and operates in the fintech sector focused on payment solutions. Cross-border transfers are facilitated for merchants accepting overseas payments for goods and services. APIs and liquidity management tools are provided to digitize transactions and mitigate risks. Domestic and international payments are supported via API integrations or customizable white-labeled interfaces.
nanoPay offers RequestMoney, Payments, Virtual Cards, Treasury, and Remittance.
nanoPay has 2 investors. Key investors include Goldman Sachs, and Alchemist Accelerator.