Paytrie AB Inc.

Based in Canada, Paytrie AB Inc. is a financial technology company specializing in the buying and selling of digital stablecoins, focusing on facilitating efficient transactions for Canadian users in the cryptocurrency market. Founded in 2019 and headquartered in Calgary, Canada, Paytrie AB Inc. operates a platform designed for stablecoin transactions.

The company was established through the entrepreneurial efforts of its founder and has engaged in one total deal, with its most recent deal occurring on October 27, 2025. Paytrie specializes in providing a streamlined platform for buying and selling digital stablecoins in Canada, specifically focusing on USDC (a stablecoin backed 1:1 by US dollars) and CADC (a stablecoin backed 1:1 by Canadian dollars). The core offering includes a non-custodial exchange service that allows users to quickly convert Canadian dollars into stablecoins and vice versa, with a robust emphasis on facilitating simple and efficient transactions. With a trading volume exceeding USD 500 mn, Paytrie aims to address the challenges of accessing stablecoins, particularly for Canadian users, by enabling them to transact with minimal delays and low fees.

Their services cater to a diverse clientele, including individual investors, developers, and businesses requiring on/off-ramp solutions for cryptocurrency integration. The company's offerings are primarily targeted at the Canadian market, ensuring compliance with local regulatory frameworks such as FINTRAC. Paytrie's revenue model is structured around transaction fees incurred during the exchange of stablecoins and Canadian dollars. The platform employs a flat fee of 0.

6% on transactions, with a minimum charge of USD 5 per transaction, thus catering to both retail consumers and businesses looking to integrate stablecoin transactions. This revenue structure allows Paytrie to maintain transparency and competitiveness in the rapidly evolving cryptocurrency market. Customers engage with the service by initiating transactions that are processed directly through e-transfer, facilitating a seamless user experience from account registration to stablecoin acquisition. The company's commitment to low fees and quick processing times positions Paytrie as a preferred choice for users seeking reliable and efficient access to digital currencies in Canada.

In October 2025, Paytrie AB Inc. was acquired by Loon Technology Inc. , a portfolio company of Version One Ventures and Garage Capital. The acquisition enables the company to offer a Canadian-dollar stablecoin and grow its payment services under local rules.

This strategic move will allow Paytrie to expand its operational capabilities and enhance its product offerings to better serve the Canadian market.