Fauree

geo/canada
Washington, D.C., May 19th, 2020 –nanopay Corporation became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
“40 percent of small and medium businesses worldwide struggle to get access to the credit and capital that they need to grow their enterprises. We are delighted to welcome nanopay to our network of more than 180 members who are working to eliminate the finance gap for SMEs,” said Matthew Gamser, CEO of the Forum.
nanopay’s platform is built using hybrid blockchain technology that combines the best features of blockchain and conventional databases. The main differentiator is that the blockchain is centralized–ideal for both cross-border and domestic payments. Available by API or white-labeled platform, nanopay offers a variety of services to support SMEs. Most notably is the ability for smaller banks and financial institutions to leverage nanopay’s technology to build their own real-time rail. This will enable instant, cross-border, cross-currency transactions between the businesses on the platform. Plus, instant clearing and settlement will help smaller sized lenders source liquidity without relying on cumbersome correspondent banking networks.
“We are incredibly excited to join our distinguished peers as members of the SME Finance Forum, both to share our experience and learn from other members. As we continue to expand into multiple geographies, becoming members of the Forum and attending exclusive events will open new horizons for our company,“ said Laurence Cooke, Founder and Chief Executive Officer of nanopay Corporation.
To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.
About nanopay Corporation
Founded in 2013, nanopay is a global payments technology company offering payment and liquidity management products for businesses and banks. Built on hybrid blockchain technology, their platform improves throughput, simplifies governance, and reduces cost. nanopay’s long term goal is to lead the world's transition to digital cash. nanopay is privately funded, led by the Merchant Banking Division of Goldman Sachs.
Media Contact
Carina Carrasco
ccarrasco@worldbank.org
Kristi Lewis
kristi@nanopay.net
Washington, D.C., February 10th, 2020 – FinDev Canada became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
“40 percent of small and medium businesses worldwide struggle to get access to the credit and capital that they need to grow their enterprises. We are delighted to welcome FinDev Canada to our network of more than 170 members who are working to eliminate the finance gap for SMEs,” said Matthew Gamser, CEO of the Forum.
The Development Finance Institute Canada (DFIC) Inc., operating under the FinDev Canada brand, is Canada’s development finance institution dedicated to providing financial services to the private sector in developing countries with the aim of combating poverty through economic growth by focusing on three main themes: economic development through job creation, women economic empowerment, and climate change mitigation and adaptation. “Working with peers through the SME Finance Forum membership will help us understand best practice and to reach SMEs with a more inclusive offer of financial services, “ said Paul Lamontagne, Managing Director of FinDev Canada.
To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.
About FinDev Canada
The Development Finance Institute Canada (DFIC) Inc., operating under the FinDev Canada brand, is a Canadian institution dedicated to providing financial services to the private sector in developing countries with the aim of combating poverty through economic growth by focusing on three main themes: economic development through job creation, women economic empowerment, and climate change mitigation. The Development Finance Institute Canada (DFIC) Inc. is a wholly-owned subsidiary of Export Development Canada (EDC). Find out more about FinDev Canada here.
Media Contact
Carina Carrasco
ccarrasco@worldbank.org
info@findevcanada.ca
MEDA (Mennonite Economic Development Associates) is an international economic development organization founded in 1953 whose mission is to create business solutions to poverty.
Leveraging insights and analytics derived from over $1.4 Trillion in underwritten loans & 10,000+ data sources over a 15-year period, Uplinq empowers SMB lenders to approve and manage risk on loans.
Leading fintech operating in the field of supply chain, especially focused on SMEs. C2FO operates globally.