startup nano: The university campus-like Toronto enclave has been a working lab for Mint Chip, the digital currency developed by the Royal Canadian Mint and acquired by startup nano Pay, according to The Toronto Star. Outside the startup office in a converted industrial building in the neighbourhood, a disproportionately large number of young professionals are crushed into a few blocks of condo towers and townhomes. Order this photo By Sunny Freeman Business Reporter Mon., Oct. 10, 2016 Liberty Villagers have been leaving their wallets in their condos when they buy tools from the hardware store, stop in for sushi or purchase bouquets from the florist as part of a local currency experiment that could be a breeding ground for a cashless future. It millennial heaven here, said Simon Keogh, chief marketing officer of nano Pay. The Toronto-based startup is one of hundreds of payments-focused financial technology players trying to compete with the likes of Apple Pay, a mobile wallet by the technology behemoth that launched in Canada this year. It a perfect place to test things if you're trying to understand how millennials are going to be using your products.
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