Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
BanPay Builds Global Pay Rails for Freelancers
Fintech in Canada | July 9, 2025
Image: Banpay website
New Canadian fintech listing on FintechCanada.io: BanPay
BanPay is a new listing on NCFA's Fintech Canada directory, which spotlights Canadian fintech innovators to Canadian and global markets and helps build visibility for emerging Canadian fintech firms working on real-world problems.
BanPay is a Vancouver-based fintech that is building real-time payment infrastructure for digital professionals around the world. With millions of freelancers still struggling to get paid quickly and affordably, BanPay is working to make cross border payments as easy as local ones.
The company offers a simple solution: freelancers in over 120 countries can receive payments via local bank deposits or mobile money. Businesses and platforms can send payments through BanPay’s API or dashboard, reducing friction for marketplaces, agencies, and remote teams.
See: Crypto Enters the Core of Canadian Payments
BanPay’s pricing model is transparent, and its onboarding process is designed to be fast. According to the company’s website, businesses can start paying contractors internationally within 48 hours of signup.
Why It Matters
The rise and growth of freelance, remote, and borderless work has outpaced legacy payment systems. By building compliant, digital-first rails for cross border earnings, BanPay is well positioned to serve a growing market with unmet needs. Its model supports Canada’s competitiveness in digital finance and adds to the country’s exportable fintech capabilities.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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