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Bitcoin Startup Shakepay Unveils New Fintech Features

September 29, 2023 by Knowlton Thomas Leave a Comment

A Canadian firm believes that Bitcoin is “the soundest money to ever exist,” possessing the power to fuel a “financial renaissance.”

Last year, Shakepay launched a Visa Prepaid Card offering Bitcoin rewards after the Montreal fintech secured a $44 million Series A investment round led by US-based QED Investors.

The momentum rendered Shakepay a Canadian fintech to watch in 2023.

This year, Shakepay is launching everyday payments including direct deposit, bill payments, and transfers to friends.

The Montreal-based fintech is running a waitlist through which users can “shake” and tag friends for points. Points allow wait-listers to unlock badges and gain early access to new features.

“Are you ready to do more with Shakepay? Get in early and be one of the first to use our new features,” the company states online, adding that, “In classic Shakepay style, there may be a little something extra for those who add funds via direct deposit.”

Warning that the world’s fiat monetary system incentivizes us to borrow and spend today rather than save for the future, Shakepay believes that “the widespread adoption of bitcoin as the monetary standard will profoundly change how we save money for the future, and through this cultural change we will usher in a period of human flourishing.”

“By accelerating its widespread adoption, our mission is to help usher in a Bitcoin Golden Age,” the company states.

Filed Under: News Tagged With: Shakepay

 
 

About Knowlton Thomas

Knowlton Thomas is Editor-in-Chief of The Midway Advance and Senior Writer for Fintech.ca. Over more than a decade of journalism, he has penned thousands of articles and dozens of essays on technology, health, and culture across a variety of publications.

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