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Home Crypto News

Canadian bitcoin change and switch service Shakepay raises $44M

by BVC Crypto News
January 21, 2022
in Crypto News
1 min read
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Shakepay, a Canadian-based change platform for bitcoin (BTC) and ether (ETH), introduced it closed $44 million in Collection A funding. The spherical was led by QED Buyers, a US-based enterprise capital agency.

“We love our devoted group of shakers, and this funding goes proper to work to convey you extra services that will help you earn, entry, and construct wealth in bitcoin. In 2021, we grew 381% to greater than 900,000 shakers with $6B in whole quantity and grew our workforce from round 20 individuals to 75 throughout Canada. Simply think about what this funding might imply for 2022 and the longer term past.”
– The Shakepay Group

As a part of the capital increase, Matt Burton, Associate at QED Buyers, will be a part of Shakepay’s board of administrators, alongside founders, Jean Amiouny, CEO, and Roy Breidi, CTO.

Ongoing participation additionally got here from Increase VC and BoxOne Ventures, whereas Collection A newly included participation from Golden Ventures, Broadhaven, Henri Machalani, Mike Murchison, Jevon MacDonald, Mark MacLeod, Dan Debow, Farhan Thawar, and several other product leaders from Shopify.



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