Canadian bitcoin exchange and transfer service Shakepay raises $44M

Shakepay, the Canadian-based exchange platform for bitcoin (BTC) and ether (ETH), has announced that it has closed $ 44 million in A-series funding. The round was led by QED Investors, a US-based venture capital firm.

“We love our dedicated bartender community, and this funding will go a long way in bringing you more products and services to help you monetize, access and build wealth in bitcoin. By 2021 we Increased 381% to over 900,000 shakers with a total volume of $ 6B and increased our team from about 20 to 75 people across Canada. Just imagine what this fund could mean for 2022 and the future. In addition.
– Shakepay

As part of the capital increase, Matt Burton, a partner at QED Investors, will join the Shakepay Board of Directors, along with founder Jean Amiouny, CEO and Roy Breidi, CTO.

Ongoing contributions also come from Boost VC and BoxOne Ventures, while the new A series includes contributions from Golden Ventures, Broadhaven, Henri Machalani, Mike Murchison, Jevon MacDonald, Mark MacLeod, Dan Debow, Farhan Thawar and director. Many products from Shopify.


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