On January 20, 2022, 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.
QED Investors is a Virginia-based FinTech-focused VC firm.
Osler, Hoskin & Harcourt LLP acted as Canadian counsel for QED Investors with a team consisting of Chad Bayne, Gary Marshall and Jordana Corber-Tovel (Emerging & High Growth Companies).