MoonPay is a financial technology company that builds payments infrastructure for crypto.
MoonPay is on a mission to create a simple and secure software solution that would enable people from all over the world to participate in the biggest digital revolution since the internet.
MoonPay was founded in 2018 by Ivan Soto-Wright and Victor Faramond. The company is remotely operated.
MoonPay’s payment infrastructure lets people exchange traditional fiat currencies and cryptocurrencies for each other using all major payment methods, including debit and credit cards, Apple Pay, Google Pay and Samsung Pay.
MoonPay's platform supports more than 90 cryptocurrencies and over 30 fiat currencies. MoonPay handles the Know-Your-Customer (KYC) checks to verify a customer’s identity, partnering with vendors around the world to ensure compliance with local regulations.
MoonPay has processed more than $2 billion in transactions to date. MoonPay has started to roll this product out in beta testing with several partners, including OpenSea, Binance and Dapper Labs.
MoonPay has raised $555M in an all-equity Series A round On Nov 22, 2021. The financing was led by Coatue and Tiger Global, with participations from Paradigm, NEA and Thrive. The deal valued MoonPay at $3.4B post-money.