Shakepay Joins Interac e-Transfer Network as Crypto-Fiat Bridge Expands
Event summary
- Shakepay became an Interac e-Transfer participant on July 23, 2026.
- The move marks Shakepay's shift from crypto-focused to regulated financial platform.
- Interac processed 1.6 billion e-Transfers in the prior year.
- Shakepay serves 1.5 million Canadian users.
The big picture
This partnership represents the growing intersection of traditional banking infrastructure and digital asset platforms. As fintechs like Shakepay expand beyond niche crypto services, their integration into established payment networks signals mainstream financial institutions' increasing acceptance of blockchain-based assets. The move also highlights Canada's position as a leader in regulated fintech innovation.
What we're watching
- Crypto-Fiat Convergence
- How Shakepay's integration will affect adoption of crypto within traditional payment flows.
- Regulatory Compliance
- Whether FINTRAC and CIRO oversight can keep pace with fintech innovation.
- Network Effects
- The pace at which other crypto platforms seek Interac network participation.
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