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Full-Time

Head of Sales and Trading

Posted on 4/15/2024

Shakepay

Shakepay

51-200 employees

Digital currency platform for buying, selling cryptocurrencies

Crypto & Web3

Senior, Expert

Remote in Canada

Work from anywhere in Canada. If you're in Montreal or Toronto, you can also work from our offices.

Category
Quantitative Trading
Quantitative Finance
Required Skills
Data Analysis
Requirements
  • 7+ years of relevant experience in crypto sales or business development, traditional asset management, OTC sales, or brokerage environment
  • Proven track record of contributing to revenue growth and surpassing objectives
  • Existing relationships with focus clients such as hedge funds and family offices
  • Leadership experience with P&L responsibility
  • Excellent communication skills and ability to build relationships with partners and clients
  • Experience in hiring, team building, training, and managing sales staff
Responsibilities
  • Develop business strategies for growth and profitability in the Shakepay for Business segment
  • Conduct market and industry research to identify new opportunities
  • Guide client relationships as a trusted business partner throughout their customer journey
  • Improve go-to-market approach for SMB and enterprise customers
  • Collaborate cross-functionally to validate opportunities and offer best-in-class experience to business customers
  • Establish analytics and feedback loops to continuously improve strategy

Shakepay is a digital currency platform based in Canada that enables users to buy, sell, and manage Bitcoin and Ethereum quickly. The platform features a mobile app and web interface designed for easy cryptocurrency transactions, catering to both beginners and experienced users. Shakepay generates revenue through transaction fees and spreads on buy/sell orders. A standout feature is the 'Shakepay Card,' a prepaid Visa card that allows users to spend their cryptocurrency instantly, converting it to Canadian dollars at the time of purchase. The company prioritizes security and gives users control over their digital assets, ensuring that all transactions are final and irreversible. Shakepay exclusively serves Canadian residents and complies with local regulations.

Company Stage

Series A

Total Funding

$36M

Headquarters

Montreal, Canada

Founded

2015

Growth & Insights
Headcount

6 month growth

12%

1 year growth

32%

2 year growth

19%
Simplify Jobs

Simplify's Take

What believers are saying

  • The recent $44 million Series A funding round provides significant capital for expanding product offerings and scaling operations.
  • Innovative features like 'shakepaid' and bitcoin cashback can attract a loyal customer base seeking more value from their financial services.
  • Partnerships with established entities like Marqeta enhance Shakepay's credibility and operational capabilities.

What critics are saying

  • The volatile nature of cryptocurrency markets could impact customer trust and the stability of Shakepay's financial products.
  • Competition from both traditional banks and emerging fintech companies could pressure Shakepay to continuously innovate and maintain its unique offerings.

What makes Shakepay unique

  • Shakepay's focus on eliminating fees for basic financial services sets it apart from traditional banks and fintech competitors.
  • The integration of bitcoin cashback and 'shakepaid' rewards offers unique value propositions that are not commonly found in other financial platforms.
  • Shakepay's seamless combination of traditional financial services with cryptocurrency options appeals to a tech-savvy, younger demographic.

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