Shakepay Raises $35M to Help Canadians Buy, Sell and Earn Bitcoin

Shakepay Raises M to Help Canadians Buy, Sell and Earn Bitcoin
Shakepay, a company that allows Canadians to buy, sell and earn bitcoin, has announced a $44 million Canadian dollar ($35 million USD) Series A investment led by QED investors, a U.S.-based venture capital firm. The funding will be used to scale the business and launch new products. The valuation of the funding round was not disclosed. Shakepay is essentially a crypto-focused version of Block’s Cash App, allowing users to buy and sell bitcoin, as well as send money to friends. In December, the company launched a beta version of its Shakepay Visa Prepaid Card to a group of 180,000 early…