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Canadian Bitcoin Platform Shakepay Raises $35M in Series A Funding Valuing at $251 Million
Summary: Bitcoin startup Shakepay raised $44 million Canadian dollars ($35 million) in a Series A funding round, valuing the company at $251 million, according to cointelegraph. Founded in 2015, Shakepay allows Canadians to buy and sell BTC and pay their friends. It also supports the purchase of Ether (ETH). The startup aims to use the funds ...
Bitcoin startup Shakepay raised $44 million Canadian dollars ($35 million) in a Series A funding round, valuing the company at $251 million, according to cointelegraph.
Founded in 2015, Shakepay allows Canadians to buy and sell BTC and pay their friends. It also supports the purchase of Ether (ETH). The startup aims to use the funds to consolidate growth, focus on bringing on additional products to market such as the recently launched Shakepay Visa Prepaid Card, and expand the team.
ShakePay CEO Jean Amiouny said: "Shakepay’s seen demand boom for adopting Bitcoin and we’re really excited about this raise to be able to offer more Bitcoin products to our fellow Canadians."
By Amy Liu
Tags: Bitcoin,Funding,Shakepay
Link: Canadian Bitcoin Platform Shakepay Raises $35M in Series A Funding Valuing at $251 Million [Copy]
