Canada's leading mobile crypto exchange
ShakePay is a Canadian crypto exchange that allows Canadians to buy bitcoin and pay their friends. The company stated that its mission is to create open access for everyone to build wealth. According to Crunchbase, Shakepay is a technology company that provides blockchain-based financial applications. The company was founded in 2015 and is based in Montreal, Canada.
Crunchbase stated that Shakepay has raised a total of CA$1M in 4 funding rounds. The latest funding round was finished on February 22, 2018, from a seed investment round. The company is supported by 3 investors, Creative Destruction Lab, Boost VC, and NEXT Canada. It has two core members including its co-founder and CEO Jean Amiouny.
According to its website, ShakePay supports various transaction methods that are familiar for Canadian users, such as Interac e-Transfer®. It also supports fiat cash out to any bank in Canada. The company further claims that its customer service will help users anytime they’re in a problem, unlike other services that require waiting for days to even get noticed. At the time of writing, the company claims that it already serves more than 150k Canadians, with more than $750M transactions volume.
Some of the features of the ShakePay apps that are useful for its users are a fast account setup, no commission fee when users buy or sell crypto at the market prices, responsive customer services, strong protection of users assets with cold wallet and insurance policy, has full control over their funds with fiat and banking support, regulated by FINTRAC and the AMF, and more.