The Montreal-based cryptocurrency-trading platform plans to use the money to grow its staff and launch new products. The U.S.-based venture capital firm QED Investors led the round, which included existing investors Boost VC and BoxOne Ventures and new investors, including several product leaders from Shopify. (The Logic)
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The Montreal-based cryptocurrency-trading platform plans to use the money to grow its staff and launch new products. The U.S.-based venture capital firm QED Investors led the round, which included existing investors Boost VC and BoxOne Ventures and new investors, including several product leaders from Shopify. (The Logic)
Talking point: In an interview with The Logic, Shakepay CEO Jean Amiouny said his company has a different business model than most cryptocurrency-trading platforms. Rather than catering to traders who want to make a quick buck by speculating on various tokens, Shakepay focuses on making it as easy as possible for people to save money by buying and holding Bitcoin, although it also offers Ether. “Our goal is not to be adding all these different cryptocurrencies. That’s not really our business,” he said. Amiouny said Shakepay is seeking registration with Canadian securities regulators.
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