Toronto-based payments platform nanoPay announced yesterday that it has raised $10 million in a Series A round in order to expand its business and offerings, most notably its open API platform, MintChip.
MintChip was developed by the Royal Canadian Mint in 2012 and shuttered in 2014. In January 2016, the project was bought by nanoPay.
Notably, the lead investor in the round was the merchant banking division of Goldman Sachs, which may be offering trendy services like Marcus to consumers, but still hasn’t really managed to shake off its whole “vampire squid wrapped around the face of humanity” image (thank you, Matt Taibbi.)
