Shakepay

https://shakepay.com

https://twitter.com/shakepay

https://www.linkedin.com/company/shakepay/

https://www.crunchbase.com/organization/shakepay

cex

Shakepay

Shakepay is a Canadian financial technology company that operates a consumer “money app” focused on bitcoin, enabling users in Canada to buy and sell bitcoin and ether, send money to other users, and earn bitcoin rewards through app features and card-linked cashback programs. (shakepay.com)

Websites and social accounts

• Official website: https://shakepay.com (shakepay.com)
• Official X (Twitter) account: https://twitter.com/shakepay (handle: @shakepay) (alphagrowth.io)

Company overview

• Founded: 2015 (as stated by the company). (shakepay.com)
• Type: Crypto asset trading platform / fintech app serving the Canadian market. (shakepay.com)
• Mailing address (as listed by the company): 500 Place d’Armes, Suite 1800, Montréal, Québec, Canada. (shakepay.com)
• Founders (as listed by the company): Jean Amiouny (CEO) and Roy Breidi (CTO). (shakepay.com)

Products and features (high level)

Shakepay markets itself as an easy-to-use app for Canadians to:

• Buy/sell cryptoassets (notably bitcoin and ether) and hold balances in-app. (shakepay.com)
• Move money quickly (including sending funds between Shakepay users). (shakepay.com)
• Earn bitcoin rewards, including app-based reward mechanics and cashback tied to card spending (features vary over time). (shakepay.com)

Regulation and compliance (Canada)

Shakepay states that it operates under Canadian regulatory oversight, including:

• FINTRAC Money Services Business (MSB) registration (the company lists FINTRAC #M17065696). (shakepay.com)
• CIRO membership and registration as an Investment Dealer across Canadian provinces and territories (as stated on its site). (shakepay.com)

In addition, a Canadian law firm case note describes Shakepay’s decision to register as a restricted dealer (closed May 2023) in response to Canadian Securities Administrators requirements for crypto asset trading platforms. (fasken.com)

Notable coverage

Canadian tech outlet BetaKit reported that Shakepay became the first crypto company granted Payments Canada membership, and described its evolution from an early product concept into a crypto exchange and app offering “bank-like” services. (betakit.com)