Shakepay, a leading Canadian crypto assets platform, has partnered with Lukka, the global crypto asset software and data provider, to transform its accounting and data management processes. This collaboration marks a significant step forward in Shakepay’s mission to continue to help Canadians build wealth through Bitcoin.
“Lukka has been an incredible partner to Shakepay, allowing us to completely transform our accounting and data management processes,” states Brandon Maddock, Senior Accountant at Shakepay. “From the very beginning, their team demonstrated a deep understanding of our business, tailoring their solutions to our most urgent needs.”
This partnership tackles top priorities for Shakepay during its rapid growth in the Canadian crypto market. Lukka’s comprehensive suite of solutions, including Lukka’s Enterprise Financial Data Management Software and Lukka Prime data has been seamlessly integrated into Shakepay’s operations. This integration has resulted in streamlined accounting processes, improved accuracy in crypto asset valuation and reporting, enhanced transaction reconciliation, aiding in improved regulatory compliance, and financial auditability.
“Partnering with Shakepay has been a tremendous opportunity to bring our expertise in managing crypto asset data to a leader in the Canadian market.”, said Robert Materazzi, CEO at Lukka. “At Lukka, we’re committed to empowering our customers with the confidence they need to navigate the complexities of crypto accounting and data management. This collaboration is a testament to our shared vision of driving innovation, enhancing operational efficiency, and ensuring compliance in the rapidly evolving crypto landscape. We look forward to supporting Shakepay as they continue to lead the way in helping Canadians build wealth through Bitcoin.”
This strategic partnership enhances Shakepay’s operational efficiency and positions the company for continued growth in the Canadian cryptocurrency and overall fintech sector. As the crypto industry advances, collaborations like this between innovative platforms and specialized service providers will be crucial in maintaining trust, ensuring compliance, and driving adoption in the crypto asset ecosystem.
About Shakepay
About Shakepay: Shakepay is a Montreal-based technology company that offers a web and mobile app that allows Canadians to buy, earn, and interact with Bitcoin, and a growing suite of financial products and services that are modernizing how everyday Canadians interact with their money. The company services over 1 million Canadian customers and is exclusive to Canada.
Since its inception in 2015, Shakepay has taken a proactive approach to regulation, securing a licence as a Money Service Business (MSB) with FINTRAC and registering with the AMF and the securities regulatory authorities in all Canadian provinces and territories.
Shakepay has invested heavily in building world-class security and finance teams that take consumer protection very seriously. We are an advocate for building safe, reliable and easy to use products that allow Canadians to adopt this new technology with a trusted, made-in Canada platform.
About Lukka
Founded in 2014, Lukka serves the most risk-mature businesses in the world with enterprise data and software solutions. As a global team, headquartered in the United States, Lukka solves financial, risk, compliance, and trade finance use cases that are complicated by the characteristics of blockchain data.
Lukka’s data and software products are award winning, audited independently, and created to exceed institutional standards, such as those issued by the AICPA, ISO, IOSCO, and other trusted organizations, that focus on data quality, financial calculation accuracy & completeness, and managing technology operational risks. Lukka has obtained AICPA SOC 1 Type II and SOC 2 Type II Audits, an ISO/IEC-27001 certification, NIST Cybersecurity Assessment, and continues to lead the industry with best in class technology risk governance.
Our global team looks forward to partnering with you to solve your data challenges.
