Shakepay has completed a $35 million Series A funding round of $251 million led by QEDInvestors.

2022-1-20 22:14
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On January 20, Canadian cryptocurrency trading platform Shakepay raised $35 million in Series A revenue worth $251 million led by QED Investors in partnership with Golden Ventures, Broadhaven, an investor Henri Machalani and Mike Murchison, Head of Digital Products at Shopify. . As part of the funding agreement, QED Investors partner Matt Burton will join Shakepay's board of directors. The new funds will be used to consolidate the company's growth and expand the team with a focus on pursuing more business products, such as the pre-launched Visa Shakepay card. Last year, the company's total revenue topped $6 billion and reportedly has more than 900,000 customers. (co-telegraph)

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