Shakepay’s $35 Million Series A Financing Round

Osler, Hoskin & Harcourt LLP acted as Canadian counsel for QED Investors on the round.

Shakepay, a Montréal-based cryptocurrency startup, announced its US$35 million Series A financing round led by QED Investors, with continued participation from California’s Boost VC and Montréal’s BoxOne Ventures.

With this financing, Shakepay plans to ramp up its hiring efforts and roll out new FinTech products.

Founded in 2015, Shakepay allows Canadians to buy and sell BTC and pay their friends. It also supports the purchase of Ether (ETH).

QED Investors is a Virginia-based FinTech-focused VC firm.

The Osler team included Chad Bayne (Picture), Gary Marshall and Jordana Corber-Tovel (Emerging & High Growth Companies).

Involved fees earner: Chad Bayne – Osler Hoskin & Harcourt; Jordana Corber-Tovel – Osler Hoskin & Harcourt; Gary Marshall – Osler Hoskin & Harcourt;

Law Firms: Osler Hoskin & Harcourt;

Clients: QED Investors;

Sonia Carcano

Author: Sonia Carcano