What NuPay Technologies does

NuPay Technologies Inc. is a privately held blockchain corporation incorporated in Ohio and headquartered in Waterville (1052 Pray Blvd.), founded in 2021 with an 11-person team drawn primarily from merchant services, banking, and software development backgrounds. Its flagship product is the HELO™ Blockchain, powered by the company's patent-pending Proof of Ethic (PoE)™ consensus algorithm, which the firm claims offers an energy-efficient, egalitarian alternative to Proof of Work and Proof of Stake by giving all nodes equal opportunity to forge blocks. The core chain was developed by external partner PixelPlex and is undergoing cybersecurity audit by Hacken, while NuPay holds exclusive usage rights to the consensus mechanism.

The product ecosystem built on top of HELO includes the $HELO native token (100,000,000,000 total supply, allocated in part to market makers, corporate partners, and merchants), a peer-to-peer DeFi lending system, an NFT technology stack with the PRISM art-industry platform (developed in conjunction with gallery director Bill Wyland), a brand-tokenization service targeted at premium sporting brands and businesses, and the Helo™ mobile and desktop applications used for trading, portfolio tracking, and merchant integration. The company additionally displays logos for Worldpay, Visa, Mastercard, Paysafe, and FIS as partners.

Revenue mechanics are not publicly disclosed but, by design, would derive from transaction fees on $HELO and DeFi lending activity, commissions on NFT marketplace volume (PRISM), and professional services for brand tokenization engagements. The customer base spans individual crypto users, art galleries and collectors, premium sporting brands, DeFi borrowers/lenders, and merchants seeking digital-currency acceptance. Pricing is not publicly disclosed, most products appear to be pre-launch or in early deployment, and no funding rounds, revenue figures, or transaction volumes have been disclosed in the available data.

Name

NuPay Technologies

Legal name

NuPay Technologies Inc.

Website

https://nupaytechnologies.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

NuPay Technologies is an Ohio-based blockchain corporation founded in 2021 that builds the HELO™ eco-friendly blockchain, offering a $HELO token, DeFi lending, the PRISM NFT platform, and brand tokenization services to crypto users, art collectors, sports brands, and merchants.

Ownership category

akta.pro rank

Product category

Blockchain Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails) (FSAPAFAJ), Decentralized Lending Protocols (DeFi Money Markets) (FSADAFAB), Physical-Backed / Phygital NFT Marketplaces (FSADANAL)

Keywords

• Blockchain development
• Digital currency
• NFT platform
• DeFi lending
• Merchant services

Headquarters

HQ city

Waterville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations, Others

Revenue model

1. Native Token ($HELO) Transactions: The native $HELO token powers the blockchain and is used for transactions, potentially generating revenue through token economics and transaction fees.
2. NFT Marketplace: Revenue from NFT transactions on the PRISM NFT platform bridging physical art to blockchain.
3. DeFi Lending: Peer-to-peer lending services on the HELO blockchain.
4. Brand Tokenization Services: Tokenization services for premium sporting brands and businesses.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

NuPay Technologies develops and operates the HELO™ Blockchain, an eco-friendly distributed ledger powered by the patent-pending Proof of Ethic (PoE)™ consensus algorithm. The company sells the native $HELO cryptocurrency, a DeFi peer-to-peer lending system, NFT technology (including the PRISM NFT platform for art), tokenization services for premium sporting brands, and mobile/desktop applications that allow users to trade digital currencies, track portfolios, and access merchant services.

Product overview

NuPay Technologies offers a unified platform centered on the HELO™ Blockchain — an eco-friendly blockchain powered by the proprietary Proof of Ethic (PoE) consensus algorithm. The ecosystem includes the native $HELO cryptocurrency token, the Tyche voting mechanism for decentralized governance, DeFi lending services, NFT technology including the PRISM NFT platform, and tokenization services for sporting brands. All products are accessible via the Helo™ App for mobile and desktop. The platform is designed to disrupt industries including art, sports, media, events, and healthcare.

Differentiator

Problem solved

Functional benefit

Brands

• Helo™: World's most environmentally friendly blockchain powered by Proof of Ethic (PoE)™ consensus algorithm. Native currency $HELO with total supply of 100,000,000,000. Includes DeFi loans, NFT technology, tokenization services, and mobile/desktop applications.
• Proof of Ethic (PoE)™
• Tyche Voting Mechanism
• PRISM NFT Platform

Products and services

• HELO™ Blockchain Eco-friendly, distributed-ledger blockchain powered by the proprietary, patent-pending Proof of Ethic (PoE)™ consensus algorithm, providing accessibility and egalitarian block forging; serves as the foundation for $HELO, DeFi, NFT, and tokenization products.
• $HELO Native Token Native cryptocurrency token of the HELO blockchain with a total supply of 100,000,000,000 units; powers transactions and ecosystem services within the network.
• Tyche Voting Mechanism Decentralized governance, voting, and delegation mechanism on the HELO blockchain that supports fair community governance for network participants.
• DeFi Loans Peer-to-peer lending system on the HELO blockchain that allows individuals to borrow tokens and coins directly without heavy capital requirements.
• PRISM NFT Platform NFT platform for the art industry, bridging physical art-world networks to blockchain art on the eco-friendly HELO blockchain, designed to disrupt the art industry.
• Brand Tokenization Services Service enabling premium sporting brands and businesses to fairly tokenize their products on the eco-friendly HELO blockchain.
• Helo™ App (Mobile & Desktop) Mobile and desktop application interface providing access to HELO ecosystem products, including digital-currency trading, portfolio tracking, chart monitoring, watchlists, and a portal to merchant services.

Quantifiable outcome

• 100 billion total token supply ($HELO)

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, major and minor.

• WorldpaycoreStrategic or Co-development PartnerWorldpay logo displayed in partners section. Worldpay is a major payment processing company, suggesting partnership in merchant services or payment processing integration.
• Visa/MastercardcoreStrategic or Co-development PartnerVisa and Mastercard logos displayed in partners section. Major payment networks suggesting integration for payment processing capabilities.
• PaysafecoreStrategic or Co-development PartnerPaysafe logo displayed in partners section. Paysafe is an integrated payments provider, suggesting collaboration in payment solutions.
• FIScoreStrategic or Co-development PartnerFIS (Fidelity National Information Services) logo displayed in partners section. FIS is a financial technology leader, suggesting partnership in financial services integration.
• PixelPlexmajorTechnology or IntegrationPixelPlex developed the HELO™ blockchain. Described as 'the world leader in blockchain development'. Contracted development partner for the core technology.
• HackenmajorTechnology or IntegrationHacken is auditing the HELO™ blockchain. Cybersecurity audit partner ensuring security of the platform.
• Wyland GalleriesminorStrategic or Co-development PartnerBill Wyland manages over a dozen galleries in the USA. Wyland is instrumental to the PRISM NFT platform, helping bridge physical art world to blockchain art.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Algorand: Carbon-negative Layer-1 blockchain positioning itself on environmental efficiency. Direct peer to HELO: both compete on eco-friendly consensus, support DeFi and asset tokenization, and target enterprises seeking sustainable blockchain infrastructure.
• Tezos: Energy-efficient L1 with formal on-chain governance, an active NFT ecosystem (Objkt, fxhash), and DeFi protocols. Closely comparable to NuPay's pitch of an eco-friendly chain with NFTs, DeFi lending, and on-chain voting (Tyche).
• OpenSea: Leading NFT marketplace across multiple chains. Direct peer to PRISM NFT platform in marketplace functionality, though at vastly larger scale and lacking NuPay's physical-art curation angle.
• BitPay: Established crypto payment processor enabling merchants to accept digital currencies, with Visa/Mastercard integrations. Closely mirrors NuPay's stated merchant-services and payments ambitions, although BitPay operates at the application layer rather than building its own blockchain.

Broad incumbents

• Hedera Hashgraph: Enterprise-grade public ledger using hashgraph consensus with very low energy footprint. Competes with HELO for enterprise and tokenization use cases (supply chain, sustainability) at significantly larger scale and with established council governance.
• Cardano: Major Proof-of-Stake chain emphasizing peer-reviewed, energy-efficient protocol design and a multi-vertical product roadmap (DeFi, NFTs, identity, tokenization). Comparable to NuPay's eco-friendly + multi-product narrative but vastly more mature.
• Polygon: Large Ethereum scaling ecosystem with a strong carbon-neutral commitment and major brand partnerships. Indirect peer: addresses the same 'eco-friendly, scalable blockchain for mass adoption' pitch that NuPay targets, with dramatically deeper resources and integration footprint.
• Coinbase Commerce: Crypto merchant-acceptance product from the largest U.S. crypto exchange. Competes with NuPay's merchant/payment vision, especially for U.S. businesses, with brand and regulatory advantages NuPay lacks.

Emerging players

• Chia Network: Proof-of-Space-and-Time blockchain marketed on environmental sustainability and enterprise tokenization. Direct eco-conscious peer to NuPay, though focused on storage-based consensus rather than algorithmic equality.
• Magic Eden: Multi-chain NFT marketplace focused on creator marketplaces and tokenized collectibles. Adjacent peer to PRISM, with comparable cross-chain NFT tooling but no physical-art curation channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nupay_tech
• Facebookfacebook.com/NuPayTechnologies
• LinkedInlinkedin.com/company/nupay-technologies-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NuPay Technologies