Crypto payments infrastructure platform MoonPay closes $555 million Series A

2021-11-23 22:08

MoonPay, a crypto payments infrastructure provider, today announced it has closed a $555 million Series A financing round led by Tiger Global Management and Coatue with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA.

The company’s fiat-to-crypto on-ramp powers more than 250 wallets, websites, and applications in more than 160 countries and has processed more than $2 billion in transactions to date.

“MoonPay is the world’s largest provider of crypto payments infrastructure that enables any organization to bridge traditional finance and crypto.”
– MoonPay Co-Founder & CEO Ivan Soto-Wright

Moonpay’s offering of KYC, payment processing, crypto liquidity, fraud prevention, regulatory licenses, ecosystem identity verification, and custom checkout flows support businesses so that they, in turn, can offer their customers the ability to buy and sell crypto-assets quickly in a very user-friendly way.

Furthermore, MoonPay also helps consumers establish an identity that, once verified, can be used across the entire MoonPay ecosystem without having to repeat the onboarding process.

Beyond crypto payments, MoonPay’s NFT (non-fungible token) solution has been gaining traction. Companies such as OpenSea, the largest marketplace for NFTs, rare digital items, and crypto collectibles, work with MoonPay to provide users a fast and safe way to buy and sell any digital asset.

This is part of a strategy to merge the creator economy with the crypto economy so that artists reap greater rewards from their hard work. Most recently, artists like Post Malone and celebrities like Jimmy Fallon have dipped their toes into the NFT space using MoonPay.

In just 2.5 years since it was founded, MoonPay has:

Processed more than $2 billion in transactions Seen more than 35x growth in transaction volume Consistently achieved more than 30% monthly revenue growth Built a customer base of more than 7 million users Grown its partner ecosystem by more than 5x Facilitated more than 30 fiat currencies and more than 90 cryptocurrencies

The post Crypto payments infrastructure platform MoonPay closes $555 million Series A appeared first on CryptoNinjas.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0.0095806 (+7.58%)
Объем 24H $0
Изменеия 24h: 2.35 %, 7d: -7.78 %
Cегодня L: $0.0086651 - H: $0.0095806
Капитализация $183.154k Rank 1690
Доступно / Всего 19.117m EMD / 32m EMD

million series capital crypto 555 payments moonpay

Источник: cryptoninjas.net

million series → Результатов: 126


STARKs, Part I: Proofs with Polynomials

Special thanks to Eli Ben-Sasson for ongoing help, explanations and review, coming up with some of the examples used in this post, and most crucially of all inventing a lot of this stuff; thanks to Hsiao-wei Wang for reviewing Hopefully many people by now have heard of ZK-SNARKs, the general-purpose succinct zero knowledge proof technology that can be used for all sorts of usecases ranging from verifiable computation to privacy-preserving cryptocurrency.

2018-7-21 23:03


Фото:

DNotes Global Inc Launches Reg. D 506 (C) Funding To Raise $5 Million From Accredited Investors In A Series Of Three Funding Rounds

DNotes Global, Inc. announced on Thursday that its first funding round utilizing Reg. D 506 (c) to raise $5 million from accredited investors is now live. An offering statement has been filed with the SEC and a Private Placement Memorandum (PPM) is now available to verified accredited investors.

2018-7-13 23:41


Bitmain’s Bitcoin Mining Company Evaluation is Near $12 Billion After New Funding

$12 Billion: The Value of Mining Giant Bitmain in the New Funding Round Bitmain, the Chinese bitcoin mining giant reportedly closed a Series B funding that valued the company at around $12 billion. Caixin, Chinese business media reported on Friday the equity financing was somewhere between $300 and $400 million, though it is still unclear […]

2018-7-7 23:43


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Binance.US Teams Up With MoonPay Amid Banking Challenges And SEC Woes

Crypto exchange Binance. US has recently encountered many legal and financial obstacles amid heightened regulatory scrutiny. However, to restore a reliable influx of dollars, the exchange has allied with MoonPay, a payment startup renowned for its partnerships in the non-fungible token (NFT) sector, as reported by Bloomberg.

Nigerians Massively Adopt CBDC as Physical Cash Becomes Scarce

Coinspeaker Nigerians Massively Adopt CBDC as Physical Cash Becomes Scarce While the Nigerian legislative body is optimistic about the country's adoption of eNaira, there is still significant work to be done to enhance the digital infrastructure for financial practices in the country.

MoonPay Partners with Universal and Fox to launch NFT platform

MoonPay, a crypto start-up, has joined hands with Universal Pictures, Death Row Records, and Fox Corporation to launch HyperMint, a new NFT platform. All about HyberMint HyberMint is designed to boost the NFT industry by allowing businesses to mint a huge number of NFTs a day.

Crypto Startup, MoonPay Has Launched An NFT Platform

Crypto Startup, MoonPay has decided to launch its NFT platform in partnership with Universal Pictures, Fox Corporation and other brands too. This NFT platform will be called HyperMint. CEO of MoonPay, Ivan Soto-Wright, on June 21 has announced the launch of this Non Fungible Token platform.