CIX names nanopay one of Canada’s top 20 most innovative technology companies

nanopay Corporation joins Canada’s most innovative Canadian technology startups

TORONTO, ON, September 11, 2019 – We are pleased to announce that nanopay Corporation has been named one of the CIX Top 20 companies.

CIX Canadian Innovation Exchange announced the CIX TOP 20 Early innovative Canadian technology startups that have been inducted into the annual program, which has been running for 12 years. The selected companies represent a diverse range of tech including software, AI, medtech, fintech, big data, aerospace, security, Saas and cleantech. These game-changing, on-the-rise companies are chosen by a selection committee of technology industry experts and investors from across the country. 

This year saw 433 profiles submitted from all regions of Canada. Companies were chosen based on a number of key factors including: product/service offering, depth of management, market opportunity and business model. 

“It’s an honour to be selected as one of Canada’s Top 20 innovative technology companies. At nanopay, innovation is in our DNA. We continue to challenge the status quo and advocate for change as we strive to achieve our long-term mission to offer the infrastructure to enable Central Bank Digital Currency,” said Laurence Cooke, CEO and Founder of nanopay Corporation. “The award is a reflection of the hard work and dedication of our team, and encourages us to believe that our mission is achievable.”

“This year’s cohort of early and growth-stage companies is very impressive and we look forward to showcasing them at CIX,” said Lauren Linton, Executive Director of CIX. 

Laurence Cooke will present at CIX 2019 on Oct 17th to share nanopay’s story and unique cash and liquidity innovation to over 700 investors and peers in the North American technology ecosystem. Alongside his showcase will be dynamic keynotes and sessions led by top tech business leaders, investors, and entrepreneurs. 

nanopay’s Liquid product allows for real-time sweeps and will completely change how liquidity products function today. Enabling real-time view of cash positions, consolidation of cash positions, and managing foreign exchange risk exposure are simply a few of the benefits. nanopay’s innovation will unlock large amounts of trapped capital for global corporations, which can then be used to pay down debt or invest in future opportunities. 

About nanopay Corporation

Founded in 2013, nanopay is a payments technology company based in Toronto offering business payment and liquidity products. We offer businesses a cost-effective and secure way to send both domestic and cross-border payments, and offer banks and their corporate clients a real-time intercompany liquidity solution to free trapped capital. Built on Centralized Ledger Technology (CLT), our platform delivers a high level of performance and resilience improving the visibility and security of payments. nanopay’s long term goal is to digitize money for central banks and offer the infrastructure to enable what’s more commonly known as Central Bank Digital Cash (CBDC). 

About the CIX Canadian Innovation Exchange

CIX was launched in April 29 2008 by investors who wanted one destination which curates and showcases the best early and growth stage tech companies from across Canada. This dynamic two-day event attracts investors and corporates from across Canada, the US and globally who come to meet Canada’s best young tech companies.

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