MoonPay has secured a $200 million revolving credit line from Galaxy, a major digital asset financial services firm, as the crypto industry experiences renewed momentum. The funding will provide MoonPay with liquidity to handle rising transaction volumes and support its…
MoonPay has received a Money Transmitter License from the Wisconsin Department of Financial Institutions. This license allows the company to expand its services in the state, according to a press release shared with crypto.
FTX’s bankruptcy costs are approaching $1 billion, making it one of the most expensive Chapter 11 cases in U.S. history. Court records show that nearly $948 million has been paid to legal and financial firms working on the case, with…
Exodus has expanded its cryptocurrency purchasing options by integrating Venmo as a payment method through a partnership with MoonPay. The move allows more than 60 million Venmo users to buy digital assets directly within the Exodus mobile wallet, streamlining access…
Swedish fintech giant Klarna has finally succumbed to pressure from its 80+ million user base to offer crypto services. The development comes as the company prepares for its highly anticipated initial public offering (IPO) in the US, targeted for April with a valuation of up to $15 billion, making it one of the largest listings […]
The post ‘Last large fintech in the world’ Klarna to embrace crypto amid upcoming IPO appeared first on CryptoSlate.
Crypto payments giant MoonPay has acquired Solana-based payment processor Helio. Helio, known as Solana’s (SOL) leading payment processor, has powered over $1. 5 billion in transactions in just three years.
Cryptocurrency exchange KuCoin just announced KuCoin Pay, which is a new payment platform designed to help merchants accept cryptocurrency transactions. KuCoin Pay is integrated with the KuCoin (KCS) app, which is used by over 37 million people globally. By leveraging…