S
Shakepay
Allows Canadians to buy bitcoin and pay their friends
About Shakepay
Shakepay is a Canadian-based digital currency platform that allows users to buy, sell, and manage Bitcoin and Ethereum instantly. The company primarily serves Canadian residents, offering a user-friendly mobile app and web interface for seamless cryptocurrency transactions. Shakepay operates in the cryptocurrency market, targeting both novice and experienced digital currency users who seek a reliable and quick way to trade cryptocurrencies. The business model revolves around transaction fees and spreads on buy/sell orders, which is how the company generates revenue. Shakepay also provides a unique feature called 'Shakepay Card,' a prepaid Visa card that allows users to spend their cryptocurrency holdings in real-time, converting them to Canadian dollars at the point of sale. The platform emphasizes security and user control over digital assets, ensuring that all transactions are final and irreversible. Shakepay's services are exclusive to Canadian residents, and it does not cater to users from the U.S., Europe, Asia, or other regions. The company is headquartered in Montreal, Quebec, and adheres to local regulations and legal frameworks.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Montreal, Canada
- Employees
- 89
- Open positions
- None listed
- Dealroom signal
- 59.5/100
- Industry
- Fintech
- Sub-industry
- Payments, Crypto and DeFi
- Sector
- Fintech, Bitcoin, Wealth Management, Spinout, Crypto and Web3
- Technology
- Blockchain
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jan 2022 | $32M | $129M | Boost VC · Jevon MacDonald · Mark Macleod · BoxOne Ventures | ↗ |
| SEED✓Equity / VC | Feb 2018 | $800K | $3.2M | Undisclosed | — |
Growth signals
Latest recorded traffic for Shakepay is 200K monthly website visits, down 28.6% over the last three months. Shakepay's team declined 16.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
QED Investors
Boost VC
Jevon MacDonald
Mark Macleod
BoxOne Ventures
Golden Ventures
Broadhaven Ventures
Mike Murchison
Farhan Thawar
Daniel Debow
Henri-Charles Machalani
Other known investors3 additional known investors
University of Toronto- ANAlkarim Nasser
Creative Destruction Lab
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Shakepay on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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