A Canadian financial technology upstart this week announced a strategic hire.
Montreal-based Shakepay, which offers a crypto trading platform among other products, has hired Eric Richmond as the company’s new General Counsel and Head of Business Development, the company has revealed.
The Shakepay leadership team upgrade marks a “significant milestone” in the company’s mission to provide Canadians better banking while making bitcoin accessible to everyone.
“Eric’s track record of leadership and innovation in fintech and the bitcoin space aligns perfectly with Shakepay’s vision for the future,” said Jean Amiouny, CEO of Shakepay.
Richmond brings to Shakepay experience in the financial technology and cryptocurrency sectors, Amiouny says, including a recent role as President of Coinsquare and his tenure as a co-founder and current Director of Tetra Trust.
“We are excited to have him on board,” conintued Amiouny. “His insights and experience will be invaluable as we continue to develop new ways for Canadians to engage with their Canadian dollars and bitcoin in a secure and easy way.”
Richmond’s expertise in regulatory and business development strategies will be instrumental in guiding Shakepay through its next phase of growth, the CEO believes, helping to the company’s expansion and innovation efforts.
“I am honoured to join the Shakepay team and contribute to a mission that makes it easy for Canadians to interact with their bitcoin and hard-earned money,” Richmond stated.
As General Counsel, Richmond will oversee Shakepay’s legal, public policy and regulatory affairs functions. His role as Head of Business Development will involve forging strategic partnerships and identifying opportunities establish the company as a leader in the bitcoin and payments space.
“The potential for Shakepay to transform the payments space is immense,” he continued, “and I look forward to leveraging my experience to ensure we continue to lead this change while delivering value and security to our users across Canada.”
In 2022, Shakepay launched a Visa Prepaid Card offering Bitcoin rewards after the Montreal firm 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 and the fintech continued to add features through the year.
Founded in 2015, Shakepay has over one million customers.
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