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Leading Crypto Payments Infrastructure Provider, Moonpay, Closes $555 Million Series A

Nov 22, 2021•almost 4 years ago

Amount Raised

$555 Million

Round Type

series a

Miami

Description

MoonPay Inc, the leading 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 sizable round brings the bootstrapped and profitable company’s post-money valuation to $3.4 billion, enabling it to rapidly accelerate its global footprint, further invest in its world-class team, and underwrite an expanding number of innovations in the crypto economy.

Company Information

Company

Moon Pay

Location

Miami, Florida, United States

About

MoonPay is a financial technology company that builds payments infrastructure for crypto. Its on-and-off-ramp suite of products provides a seamless experience for converting between fiat currencies and cryptocurrencies using all major payment methods including debit and credit cards, local bank transfers, Apple Pay, Google Pay, and Samsung Pay. MoonPay is active in more than 160 countries and is trusted by 250+ leading wallets, websites, and applications to accept payments and defeat fraud. For more information visit: https://www.moonpay.com/ # # #

Funding Insights

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