StorsApp Inc. is now registered in Alberta — and building its Canadian base in Calgary

Short answer. StorsApp Inc., the company behind Storspay, was registered as an extra-provincial corporation in Alberta on September 15, 2026. Our registered office and agent for service are now at MLT Aikins LLP in downtown Calgary, and a federal filing to move our registered office there follows. Nothing changes for customers: the same product, the same team, the same 25 corridors.

Why Calgary

We looked at where Canadian financial technology is actually growing rather than where it is largest. Toronto-Waterloo is the bigger fintech ecosystem and will stay that way. But Calgary is the fastest-growing tech ecosystem in the country, and Startup Genome has called it a fast-growing fintech hub and one of the fintech ecosystems to watch in North America. For a company at our stage, the rate of change matters more than the absolute size — it decides how easily you meet the next engineer, the next customer and the next investor.

There are plainer reasons too. Alberta's general corporate rate is 23% against Ontario's 26.5%. And the Scientific Research and Experimental Development programme returns 35% as a refundable credit on the first $3 million of qualifying R&D for Canadian-controlled private corporations — which matters to a company whose costs are overwhelmingly engineering: payment orchestration across several settlement rails and currencies, automated business verification, and the AI systems that route and support every transaction.

Who made it possible

This was a chain of introductions, and it is worth naming each link.

• 500 Global, one of our backers, first connected us to Alberta's ecosystem.
• Anne-Marie Wilms, Entrepreneur and Community Manager at Intrinsic Innovations — the Alberta Innovates-funded non-profit that helps founders establish here — took the call, mapped the options honestly, and made the introduction that mattered.
• MLT Aikins LLP in Calgary handled the filing and now serve as our registered office and agent for service.

None of that is a transaction we could have bought. It is what an ecosystem is for, and we are glad to be in it.

What we are building from here

Storspay is a business-to-business cross-border payments platform. Companies in the United States, Canada, the United Kingdom and Europe pay teams, contractors and suppliers across 25 corridors in Africa, Latin America and Asia at 2% all-in, the same business day, and get paid back by their customers in those countries.

The part growing fastest right now is the smallest kind of business there is. A freelancer in Benin, Senegal, Côte d'Ivoire, Cameroon, Nigeria or Kenya, working for agencies in Germany, France, the United Kingdom, the United States or Canada, has always faced the same wall: the client will only pay a bank account in the freelancer's own name, and the freelancer has no way to hold the currency they are paid in. On Storspay a sole trader is a business type — you are the business, trading in your own name — so we issue account details in your name, hold your dollars and euros as dollars and euros rather than converting them the moment they land, and let you move them to a local bank account or mobile-money wallet on your schedule, not your client's.

And because a sole trader is a business account like any other, these freelancers can pay each other. A developer in Dakar who subcontracts part of a job to a designer in Abidjan settles it Storspay to Storspay — free, instant, in whatever currency the payer holds, with no conversion in between. It is the same basis on which we serve them in the first place: they are businesses, doing business in their own names.

To be equally clear about what we are not: we do not open personal accounts, and every payment has to be a business transaction — an invoice, a contract, work delivered. Money to family is not what this is.

Where things stand

StorsApp Inc. remains a federal corporation, incorporated in 2019. The Alberta extra-provincial registration completed on September 15, 2026 under corporate access number 2128525017. The federal amendment moving our registered office to Calgary is filed and in progress; we will say so here when it completes. Our FINTRAC money services business registration is filed under case 010760 and in progress — we say "filed", never "licensed", until it is.

If you are building in Calgary and paying people outside Canada, come and say hello — or run your own number on the calculator.