MoonPay

About

MoonPay is a crypto payments platform founded by Ivan Soto-Wright and Victor Faramond, which enables users to easily purchase, sell, and swap cryptocurrencies using regular money. It started in 2018 and is based in Miami, and has grown into a global entry point to Web3, helping people access crypto, NFTs, and blockchain-based services in more than 160 countries. MoonPay makes crypto simple for beginners while still working well for businesses. It’s used by millions of people and is connected with many wallets, exchanges, and dApps. Key Features of MoonPay: • • Quick fiat to crypto and crypto to fiat conversions for easy buying and selling. • Supports cards, bank transfers, Apple Pay, and Google Pay for global access. • Lets brands and creators mint and manage NFT projects at scale. • Fast crypto purchases with real-time transaction tracking. • Users can buy NFTs directly with fiat, making Web3 entry simple for new users. MoonPay Milestones Year Achievements 2018-2019 Founded MoonPay was started in 2018 by Ivan Soto-Wright and Victor Faramond. Launch Officially launched in 2019, processing its first transaction, a €20 Ether purchase. 2021 Series A Funding Raised $555 million in a Series A round led by Tiger Global and Coatue, valuing the company at $3.4 billion. Transaction Volume Surpassed $2 billion in total processed transactions by late 2021. 2022-2023 NFT Checkout Launched a world-first solution letting users buy NFTs directly with credit cards. HyperMint Debuted the HyperMint platform in June 2022 to help brands mint and manage NFTs at scale. The MoonPay App Released an all-in-one app for buying and selling crypto in May 2023. MoonPay Ventures Started a venture capital arm in August 2023 to invest in early-stage Web3 and fintech startups. 2025 Helio Acquisition Acquired Solana-based payment processor Helio for $175 million in January to expand merchant services. Iron Acquisition Bought stablecoin infrastructure platform Iron in March 2025 to strengthen enterprise solutions. Regulatory Milestone Received a BitLicense and money transmitter license from the New York State Department of Financial Services in June 2025.

Team (1)

• victor faramondOversees engineering and technical infrastructure as co-founder

Funding

• Series ATiger Global Management55,50,00,00022 Nov 2021

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