# Shakepay: Financial services, Montreal, Canada

> Shakepay: Shakepay is a Montreal-based fintech company founded in 2015, specializing in a money app and cryptocurrency exchange. Based in Montreal, Canada.

Source: https://millionrounds.com/startup/shakepay (Millionrounds; every figure on the page links to its filing or article)

Canada · [Financial services startup](https://millionrounds.com/companies)

# Shakepay

Shakepay is a Montreal-based fintech company founded in 2015, specializing in a money app and cryptocurrency exchange.

Funding reported Last round: Series A

Financial services Montreal, Canada

Company summary

- **Founded:** 2015 11 years old
- **Team:** 120 51 to 200 people
- **Funding reported:** 45M as listed, currency not stated
- **Last round:** Series A Jan 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Shakepay has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Shakepay

Shakepay is a Montreal-based fintech company founded in 2015, specializing in a money app and cryptocurrency exchange.

Trusted by over one million Canadians, it allows users to buy, earn, and send bitcoin easily. The company aims to promote the adoption of bitcoin as a reliable form of money, focusing on simplicity, low fees, and safety. Shakepay offers a range of financial tools through its web and mobile apps. Users can buy and sell bitcoin and ethereum quickly using Interac e-Transfer, earn bitcoin by engaging with the app's daily features, and make peer-to-peer payments. The Shakepay Card provides a prepaid Visa debit option with 1% bitcoin cash back on purchases. The app is designed to be user-friendly, appealing to a broad audience, including everyday Canadians. With over $7 billion CAD in digital currency transactions, Shakepay is recognized as one of the top financial apps in Canada.

## What company datasets say Shakepay raised

Funding, as reported

Reported in all **45M** in the source's currency

Rounds **4**

Last round **Series A**

Last round size **32.3M**

Last round date **Jan 2022**

Investors listed **13**

## On a portfolio page

Investors who name them

- [Broadhaven Venture...](https://millionrounds.com/fund/broadhaven-venture)

Each firm lists Shakepay on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

crypto regulatory framework user experience payments infrastructure canadian crypto regulation payments & settlement regulated crypto platform crypto offramps cryptocurrency trading reserve crypto transaction security retail crypto users payments canada member crypto transaction privacy crypto transactions seamless transactions crypto user accounts

Built with from their website

Bitcoin Google Workspace CloudFlare Hubspot Apple Business Manager AI Google Meet CloudFlare CDN SQL Metabase

+8 more

Slack Figma Cloudflare DNS Python Mailgun Google Search Console Twilio Apple School Manager

- **Sector:** Financial services
- **Industry code:** NAICS 52232, 523150, SIC 7389, 6211
- **Region:** Quebec
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/shakepay)

## Financial services in Canada

Startups like it

- [**nesto** Montreal · founded 2018 *Raised*](https://millionrounds.com/company/nesto)
- [**Progressa** Vancouver · founded 2013 *Raised*](https://millionrounds.com/company/progressa)
- [**Lendified** Toronto · founded 2015 *Raised*](https://millionrounds.com/company/lendified)
- [**KOHO** Vancouver · founded 2014 *Raised*](https://millionrounds.com/company/koho)
- [**Helcim** Calgary · founded 2006 *Raised*](https://millionrounds.com/company/helcim)
- [**Borrowell** Toronto · founded 2014 *Raised*](https://millionrounds.com/company/borrowell)
- [**FundThrough** Toronto · founded 2014 *Raised*](https://millionrounds.com/company/fundthrough)
- [**Cybrid** Toronto · founded 2021 *Raised*](https://millionrounds.com/company/cybrid)

## Is this your company?

Add your raise, your deck and your story, and put Shakepay in front of investors. Or tell us what we have wrong.

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