Changelog – November 2021

In November we released features to log users out automatically, export transactions as a CSV, pre-validate card BINs, and pushed support for new US assets.

We’ve had a busy month! In November, we released a new feature to log users out automatically. We also released an update to easily export transactions as a CSV, launched a feature to pre-validate card BINs, and pushed support for Flow (FLOW), Polkadot (DOT), Tezos (XTZ), and Algorand (ALGO) in the US.
<h2 style="font-size: 42px; font-weight: bold;">Log out users automatically</h2>
We’ve updated the documentation for the email widget query param. If a customer is already logged in and their email address doesn't match the URL address, the customer will be logged out automatically.
This is a part of our ongoing commitment to optimize for the best possible user experience.
<h2 style="font-size: 42px; font-weight: bold;">Easily export transactions as CSV</h2>
Tax season is coming up and we made it possible for our users to export their transaction history to help make this process a lot easier!
<img src="https://lh6.googleusercontent.com/ksbm2mtrm4BBuotiFy0img5nj5VHxwQYHGkkQZb2c044wufwdsfTHTPhy0pG4zd4WpP_fSu--HmsyrDKdoogs1kJQQXQ7O6Gjm2sn_Tl5N_pymH9vc1uwPq538skxFKuIQ9rlb-1" width="415" height="346" loading="lazy" style="margin-left: auto; margin-right: auto; display: block;">
<h2 style="font-size: 42px; font-weight: bold;">Improved card number validation</h2>
We have identified a large number of BINs (Bank Identification Number) that are very unlikely to be accepted by their banks resulting in failed conversions and unsuccessful transactions.&nbsp;
A bank identification number (BIN) is the first four to six digits that appear on payment cards.
With this new implementation, users that input any of these predetermined BINs will see an error message stating that their card is unlikely to succeed — prompting them to try another card upfront.&nbsp;
<h2 style="font-size: 42px; font-weight: bold;">New crypto listings for US customers</h2>
MoonPay now supports Flow (FLOW), Polkadot (DOT), Tezos (XTZ), and Algorand (ALGO) in the US.
These US assets will also be pushed through our new wallet infrastructure — guaranteeing the amount of crypto the customer will receive and in a much faster time frame.&nbsp;
Please note that due to regulatory reasons, this support excludes Louisiana, Texas, and New York.
To customize these assets on the widget, go to your <a href="https://www.moonpay.com/dashboard/settings/" style="color: #000000;">account settings</a> page.

We’ve had a busy month! In November, we released a new feature to log users out automatically. We also released an update to easily export transactions as a CSV, launched a feature to pre-validate card BINs, and pushed support for Flow (FLOW), Polkadot (DOT), Tezos (XTZ), and Algorand (ALGO) in the US.

NFT 101: Bored Ape Yacht Club

Lately MoonPay has been helping high-profile individuals buy Bored Ape Yacht Club NFTs. Here’s an overview of the project and why we’re so excited about it.

Our name has been popping up a lot in both crypto twitter and real life conversations these past few weeks.

Yes, we’ve been <a href="https://www.moonpay.com/blog/post-malone">partnering with celebrities</a> to help them buy Bored Apes. We’ve helped Post Malone, Jimmy Fallon, and Lil Baby get Apes. We even helped Lil Baby mutate his into a Mutant Ape Yacht Club, an exclusive collection that can only be accessed by applying a vial of “mutant serum” to an existing Ape.
It’s been a lot of fun working closely with these individuals and seeing their excitement as they, in Jimmy Fallon’s words, come “a bored”. But with each new celebrity we draw from the same collection of colorful Apes, so the question that hangs over us is: what is Bored Ape Yacht Club and why are we excited about it?
<h2>Visibility and reach</h2>
If you’ve ever hopped on crypto Twitter, you’ve probably come across users with colourful, animal profile pictures. Why is everyone doing this?
Changing your profile picture (pfp) to an image of your NFT shows the world that you own a unique item and belong to an exclusive community. It’s an unmistakable identifier.
Just like anyone else, celebrities want to flex their NFTs too. And right now, Bored Apes are one of the biggest flexes.
After a TikTok video <a href="https://www.tiktok.com/@mona_vinci/video/7024055132606188805?lang=en&amp;is_copy_url=1&amp;is_from_webapp=v1">went viral</a> with speculation, MoonPay helped rapper Lil Baby buy a Bored Ape and then <a href="https://www.tiktok.com/@moonpayhq/video/7028242145672826117?is_copy_url=1&amp;is_from_webapp=v1">mutate it</a> as part of BAYC’s ApeFest. He now has his Mutant Ape proudly <a href="https://twitter.com/lilbaby4PF">displayed</a> as his Twitter pfp to his nearly 6 million followers.
<img src="https://lh6.googleusercontent.com/yJp8g_u2FEnvj8lH2hDuntLL-ElELWN0yZAYxHmLQFWAODlSauEZ1K5mKKfcm_YdL0N2vFU1he8Nm6Qu_8ekhD9_rdbTaBcLoW-_oxUfSi-IVzg9R4JQUDv90qKjkSo4E2AixeI1" width="379" loading="lazy" style="width: 379px; margin-left: auto; margin-right: auto; display: block;" alt="A tweet from rapper Lil Baby announcing that he mutated his Bored Ape via MoonPay during ApeFest.">
<figure class="kg-card kg-image-card kg-card-hascaption" style="text-align: center;">
<figcaption>Rapper Lil Baby mutated his Bored Ape via MoonPay during ApeFest (<a href="https://twitter.com/lilbaby4PF/status/1456130223012032516" rel="noopener">Image source</a>)</figcaption>
</figure>
On an episode of the Tonight Show Starring Jimmy Fallon, the late night host <a href="https://twitter.com/MoonPayHQ/status/1458761049075769351?s=20">announced</a> live to the world that he had purchased a Bored Ape through MoonPay. Jimmy’s Ape is now on <a href="https://twitter.com/jimmyfallon">full display</a> to his more than 51 million Twitter followers.
Most recently, Post Malone was seen buying a Bored Ape via MoonPay in the music video for his single “<a href="https://www.youtube.com/watch?v=Tc0tLGWIqxA">One Right Now</a>” featuring the Weeknd. Posty’s zombie cowboy hat Ape is now his <a href="https://twitter.com/PostMalone">pfp</a> too.&nbsp;
<img src="https://lh4.googleusercontent.com/xPN7uL2I0q0tNaFpggb2H6RZcMkVzEtb0ZMRa97bIbRjUSANeTpkmGkVoyTV7p_7HAIDc21d0lCdjVxk8qHZQoIdRHmpXddcX_rmCJagrS44asTumgXchbIWmq71mNRKIonLV6lN" width="480" loading="lazy" style="width: 480px; margin-left: auto; margin-right: auto; display: block;" alt="The featured photo for Post Malone’s music video “One Right Now”, in which he bought a Bored Ape Yacht Club NFT via MoonPay.">
<figure class="kg-card kg-image-card kg-card-hascaption" style="text-align: center;">
<figcaption>Post Malone bought a Bored Ape Yacht Club NFT via MoonPay in his music video “<a href="https://www.youtube.com/watch?v=Tc0tLGWIqxA">One Right Now</a>” with The Weeknd</figcaption>
</figure>
After all these partnerships were made public, the entire BAYC community and much of crypto Twitter was abuzz, asking “who next?” The Bored Ape Gazette, a community-led BAYC publication, even started <a href="https://www.theboredapegazette.com/post/moonpay-purchased-seven-bored-apes-a-mutant-and-two-serums-who-will-they-onboard-next">tracking</a> MoonPay purchases.
As we strive for <a href="https://twitter.com/MoonPayHQ/status/1460375038541053952?s=20">mass adoption</a>, we understand that big splashes can go a long way in providing visibility for those outside the crypto space.&nbsp;
We were intrigued to see other celebrities join the BAYC previously, like when NBA player <a href="https://decrypt.co/79676/nba-star-stephen-curry-buys-ethereum-bored-ape-yacht-club-nft-for-180k">Steph Curry </a>bought a Bored Ape in August. Since then, many NBA players have <a href="https://twitter.com/joshhart/status/1460478181065084929?s=20">followed suit</a>, buying Apes and immediately making them their pfps. Tyrese Haliburton even played an NBA game wearing custom basketball shoes with his Bored Ape on it. Prior to that same game, Josh Hart, another NBA player that owns an Ape, <a href="https://twitter.com/joshhart/status/1455978825112645634?s=20">jabbed at Tyrese</a> saying his NFT was better.
<img src="https://lh6.googleusercontent.com/vxI2Gs3DpZhMgR89ufFPTyvzoxJirOsKRZBrFsLePSYlUKlNrpuxUSaZlugpNR5qgIQbV3_bMtwx95cJbRTBZ-mEHxNETfQ9kxPWsgMhlKgTIQm78ZMSOrCIiAwsd2gPXm71QnDE" width="480" loading="lazy" style="width: 480px; margin-left: auto; margin-right: auto; display: block;" alt="A screenshot of the Sacramento Kings’ tweet sharing Tyrese Haliburton’s custom basketball shoes featuring his Bored Ape logo.">
<figure class="kg-card kg-image-card kg-card-hascaption" style="text-align: center;">
<figcaption>Tyrese Haliburton made custom basketball shoes featuring his Bored Ape logo (<a href="https://twitter.com/SacramentoKings/status/1456085611467608065?s=20">Image source</a>)</figcaption>
</figure>
This level of exposure can only happen with Bored Apes, and that’s by design. BAYC famously gives <a href="https://www.boredapewear.com/faq">commercial rights</a> to owners as part of their membership. So if an Ape owner wanted to produce a film or TV series <a href="https://decrypt.co/83255/bored-ape-yacht-club-nft-film-tv-music-guy-oseary">based</a> around their Ape, they could do so.
Grammy-winning producer and musician <a href="https://variety.com/2021/digital/news/timbaland-bored-ape-yacht-club-1235111286/">Timbaland</a> notably started an artist-owned entertainment company called Ape-In Productions (AIP). His first release? An NFT song inspired by BAYC that you can currently <a href="https://opensea.io/collection/ape-in-productions">buy on OpenSea</a>.
<h2>NFT community and utility</h2>
Bored Ape Yacht Club is currently the gold standard for NFT communities, consistently delighting their holders by over-delivering on their <a href="https://twitter.com/BoredApeYC/status/1440392967437488134?s=20">roadmap</a>. The utility BAYC provides their holders is unmatched in the NFT space: perks have included exclusive parties, yacht meet-ups, merch, and members-only <a href="https://twitter.com/BoredApeYC/status/1460441263694655493?s=20">game competitions</a>. Ape holders flew in from all over the world for <a href="https://www.nft.nyc/">NFT.NYC</a>&nbsp; so they could meet for <a href="https://twitter.com/BoredApeYC/status/1453911020137816068?s=20">ApeFest</a> and the <a href="https://twitter.com/beeple/status/1456106243391623168?s=20">Warehouse Party</a>.
A Bored Ape is not just a jpeg--it’s a ticket into the BAYC community. You can try screenshotting it, but that won’t get you into the Yacht Club or exclusive parties. Nor would it give you access to their <a href="https://www.theblockcrypto.com/linked/119966/bored-ape-yacht-club-plans-to-launch-its-own-token-in-q1-of-2022">highly-anticipated token</a>.
<img src="https://lh4.googleusercontent.com/i9ZkIGjqPC0pq4YM7fe53x6K-PM0jRF_T4HKWtnzfURM5aLBZ8fIL1Kdz3BzfHZJgwwtdXN7e53KBJjZv7vhrscc8RhjdKBhulrLqFS9mEh_QLpX1L19m64BISInFZVWsHO20x0y" width="549" loading="lazy" style="width: 549px; margin-left: auto; margin-right: auto; display: block;" alt="A photo of MoonPay and Bored Ape Yacht Club’s ApeFest logos.">
<figure class="kg-card kg-image-card kg-card-hascaption" style="text-align: center;">
<figcaption>MoonPay was a key partner and sponsor of Bored Ape Yacht Club’s ApeFest, part of NFT.NYC</figcaption>
</figure>
A healthy signal for any NFT project is an owner percentage that hovers around half of the total supply. Think about it. If you were a holder, you wouldn’t want the majority of NFTs concentrated in the hands of a few whales that could disproportionately control the market.
With a total collection of <a href="https://opensea.io/collection/boredapeyachtclub">10,000</a> unique NFTs, Bored Ape Yacht Club is dispersed among 5,800 holders. This means that the Ape supply and ownership is truly decentralized, as all NFT collections strive to be. And though there are some famous Ape owners, they represent a small fraction of the total.
All of these indicators show that BAYC has the staying power necessary for the competitive NFT marketplace. From the earliest buyers to the newest members, the community is enthusiastic and devoted to propel the project forward.
<h2>Win a free Bored Ape Yacht Club NFT</h2>
You don’t need to drop 40 ETH to get involved and become a member of the Bored Ape Yacht Club. We’re <a href="https://www.moonpay.com/waitlist?utm_source=blog&amp;utm_medium=webl&amp;utm_campaign=postmalone">giving out an Ape</a> for free. Hurry to secure your spot on the waitlist.

Our name has been popping up a lot in both crypto twitter and real life conversations these past few weeks.

A Day in the Life of Full Stack Engineer Filipe Pinheiro

What’s it like working as a Full Stack Engineer at MoonPay?

<h2>About me</h2>
My name is Filipe, I'm from Lisbon, and I've been a software engineer for the last decade. Before joining MoonPay in March 2021, I worked for five years as a consultant in multiple projects and industries developing products and upskilling teams.&nbsp;
I spent on average six months per engagement, and although that was a rewarding path, the need for external resources tends to fade when the delivery of a product and the ways of working are healthy. The natural next step for me was to continue improving delivery and working methods in a more permanent environment.
I was keen to join a company where I could experience constant improvements, better productivity, and healthier ways of working. I found in MoonPay the perfect setting for this, not only on the engineering side but also on the people and personal side.
<h2>What does your typical day look like?&nbsp;</h2>
We work in two-week cycles. We meet daily for a quick catchup and sync, and for each cycle we have the usual ceremonies: planning, refinement, review and retrospective.
MoonPay is a remote-first company, so each team can span multiple time zones. In my team, most people work in Europe, so to accommodate the working hours of each member we have the daily meeting at 9:30 my time.&nbsp;
The next item on my agenda depends on team priorities, but the main focus is the current cycle and ensuring the team's commitments are closer to "done" (the last column on our board).
Apart from the current cycle work, I also have discussions with the product team about new workstreams that are then introduced in the following cycles. Even with these responsibilities, there is still plenty of time for me to do hands-on engineering work and to contribute to the hiring process for engineer positions at MoonPay.&nbsp;
In the afternoon, I have focus time set up on my calendar after 4pm to finish the day's remaining tasks and prepare the next day for success.
<h2>What do you love about working at MoonPay?</h2>
When it comes to working at MoonPay, the customer is central. Not only because a happy customer is a returning customer but also because a simpler, safer, and better customer experience has a high impact on MoonPay’s goals for the future.
Our engineering teams work closely with the product team to ensure our priorities align with our customers’ needs. Our product team is excellent, and every feature request, experimentation, or significant change is based on customer analysis to ensure we deliver work that impacts our metrics positively and leads us to a better customer experience.
This quest for a more satisfied customer also affects the engineering teams since we know our work is valued and moves the needle in the right direction.
<h2>What's an exciting challenge you're facing in your role over the next 6-12 months?&nbsp;</h2>
In a short period, MoonPay confirmed a market for payment systems in the crypto space. We have an excellent customer base, and we have already started creating a simpler, safer, and more cost-effective way to buy and sell crypto. For me personally, growth creates exciting engineering challenges.&nbsp;
In the following months, we will continue scaling our infrastructure to handle the demands of a growing customer base while maintaining quality, security, and overall customer experience. Our growth puts pressure on our engineering teams, and we need to ensure that the culture, values, and positive environment align with a growing company and codebase.&nbsp;
<h2>Help us give the next billion people access to crypto by 2030</h2>
The article you just read covers only part of the culture, people, and the fantastic work that's being done at MoonPay. If these words resonate with you, head over to our <a href="https://boards.greenhouse.io/moonpay">careers page</a> and apply for one of our opening roles. MoonPay is growing as a company, and one of our main assets is people. It would be great to hear from you!&nbsp;

<h2>About me</h2>
My name is Filipe, I'm from Lisbon, and I've been a software engineer for the last decade. Before joining MoonPay in March 2021, I worked for five years as a consultant in multiple projects and industries developing products and upskilling teams.&nbsp;

MoonPay closes historic funding round

The funding will be used to invest in global expansion and world-class talent.

Today marks a major milestone for MoonPay. At just two and a half years old, we’ve closed our $555 million Series A financing round, bringing our post-money valuation to $3.4 billion. This is the largest and highest valued Series A for any bootstrapped crypto company globally.

This equity-only round, led by Tiger Global Management and Coatue, with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA, will be used to continue our remarkable growth, enabling us to accelerate international expansion and broaden our world-class team. Most importantly, it will bring us significantly closer to achieving our&nbsp;<a target="_blank" data-stringify-link="https://www.moonpay.com/blog/the-moonpay-mission" delay="150" data-sk="tooltip_parent" href="https://www.moonpay.com/blog/the-moonpay-mission" rel="noopener noreferrer" data-remove-tab-index="true" tabindex="-1">mission</a>&nbsp;of giving the next billion people access to cryptocurrency by 2030.
For those who don’t know much about us, our payment infrastructure provides a simple entry point into the cryptocurrency market by allowing people to convert traditional fiat currencies to cryptocurrencies using all major payment methods. Used by leading companies such as Bitcoin.com (whose MoonPay integration helped scale its revenue by more than 500% in just three months), we provide all the tools and licenses required to quickly access the crypto economy. This includes Know Your Customer checks, payment processing, crypto liquidity and delivery, fraud prevention, and custom checkout flows.
Beyond cryptocurrencies, MoonPay’s NFT (non-fungible token) solution has been gaining traction in the fast-growing NFT space. Companies like&nbsp;<a target="_blank" data-stringify-link="http://opensea.io/" delay="150" data-sk="tooltip_parent" href="http://opensea.io/" rel="noopener noreferrer" data-remove-tab-index="true" tabindex="-1">OpenSea</a>,&nbsp;the largest marketplace for&nbsp;NFTs, rare digital items, and crypto collectibles, trust MoonPay to provide users a simple, fast and safe way to buy and sell any NFT.
Since our 2019 inception, MoonPay has:
<ul>
<li aria-level="1">Processed more than $2bn in transactions</li>
<li aria-level="1">Built a customer base of more than 7 million users</li>
<li aria-level="1">Secured more than 250 partners across 160 countries</li>
</ul>
We’ve also expanded our list of accepted currencies to over 30 fiat and 90 cryptocurrencies, and in just the last two years we’ve seen an extraordinary 35x growth in transaction volume.
“MoonPay is the world’s largest provider of crypto payments infrastructure that enables any organization to bridge traditional finance and crypto,” said MoonPay co-founder and CEO Ivan Soto-Wright. “We set out to democratize access to the crypto economy by providing the tools for businesses to onboard new users with magical product experiences. We are on a mission to help billions of people access trillions of dollars of digital value over the next decade and beyond.” (<a target="_blank" data-stringify-link="http://www.moonpay.com/blog/powering-crypto" delay="150" data-sk="tooltip_parent" href="http://www.moonpay.com/blog/powering-crypto" rel="noopener noreferrer" data-remove-tab-index="true" tabindex="-1">Click here</a>&nbsp;for further comments from Ivan).
Kris Fredrickson, managing partner at Coatue, added: “We are excited about the opportunity in crypto, but one of the challenges to mainstream adoption is offering the same seamless experience that users have come to expect from modern internet products. MoonPay has impressed us with its product, infrastructure, and execution. We think that the crypto economy today is growing faster than the internet was at a similar stage of its development and that MoonPay is well-positioned to serve crypto-native innovators and those in traditional finance.”&nbsp;
As we enter 2022, our aim is to continue this exceptional growth so that we remain the leading company powering the crypto economy. Only two and a half years have passed&nbsp;since our launch&nbsp;—&nbsp;we can’t wait to see what the next few years will bring.

Today marks a major milestone for MoonPay. At just two and a half years old, we’ve closed our $555 million Series A financing round, bringing our post-money valuation to $3.4 billion. This is the largest and highest valued Series A for any bootstrapped crypto company globally.

Our latest financing round: Powering the crypto economy in 2022 and beyond

We’re excited to announce MoonPay’s $555M Series A to help take crypto mainstream.

Just as the internet evolved from dial-up to broadband twenty years ago, crypto is now transitioning to a new phase of development in which millions of new users will participate (our mission is to bring in the next billion people by 2030). Crypto is truly going mainstream, and MoonPay is helping it get there. We’ve just reached a significant milestone by closing our <a href="http://www.moonpay.com/blog/funding-round" rel="noopener">Series A financing round</a> of $555 million, bringing our post-money valuation to $3.4 billion. This is record-breaking: it’s the largest Series A for any bootstrapped crypto company globally—a watershed moment not only for MoonPay but for the industry as a whole. But what’s significant is not that we’re breaking records, it’s that people are putting trust in our ability to take crypto mainstream. How we’re doing this is simple: our intuitive platform enables our partners to accept over 30 fiat currencies and most major payment methods, allowing people from all over the world to buy and sell cryptocurrencies and popular new digital assets called NFTs (non-fungible tokens). Today MoonPay is the first point of contact for millions entering the crypto economy. But why us? Why are so many investors big and small putting their full faith in MoonPay? We believe it comes down to a few key factors: speed, access, and culture.

<h2>Speed: MoonPay is accelerating innovation</h2>
<img src="https://lh5.googleusercontent.com/LfFnjzE7ojzsjESoCPGufpyr_itzfvXyND20r-OFwNrJPXTCIOOzzP-H3FmKeSpRzjdo6ymQipsFbqRNQ5Y4ylh1lv2xc3wkg27szqZwzl9s7SM9giKIxo6iHch70ImP45ToJ3iD" width="624" height="351" loading="lazy" style="margin-left: auto; margin-right: auto; display: block;">
We’re helping the crypto economy develop much more rapidly.
For our partners, one simple integration compresses what may have otherwise been months or even years of regulatory license applications and operational preparation to a matter of days. This allows emerging wallets, exchanges, DeFi platforms, and NFT marketplaces to hit the ground running, so they can focus entirely on core business rather than infrastructure. We currently work with over 250 partners globally, each serving as entry points to the crypto economy. MoonPay doesn’t just make the partner journey easier—end users benefit from a single sign-on that can be used across our entire partner network, a MoonPay passport, that allows them to instantly transact. This means that our model not only drastically accelerates the rate of new entrants, but also speeds up activity among them once users are onboarded, enabling the crypto economy to grow faster.
<h2>Access: MoonPay is democratising crypto</h2>
<img src="https://lh4.googleusercontent.com/IrR9BBd_dZffV1XmibPt2vI0PXSIoOQ9wagd6WhQgvpZGOUH3vueb9iUx4dDVOrQBSO7lbZGTbOXI8rIl4HTJMWdA4wIqyus9km2U2QY0JUThaMK4sPKDNvB5BCc7ZbPmu9JetmL" width="624" height="351" loading="lazy" style="margin-left: auto; margin-right: auto; display: block;">
Businesses up and down the entire ecosystem have to invest in infrastructure to remain compliant with regulations. They also have to build robust and reliable relationships with traditional financial institutions to help their customers access the crypto economy. All of this is costly and complex for any organization, and often out of reach for early stage startups. This is where MoonPay comes in. Any business can access the same high quality infrastructure instantly. Companies spanning the whole spectrum from crypto newbie to crypto-native have used our technology to onboard millions of new users. We’re democratising crypto by increasing access for our customers and the businesses who serve them. In the case of crypto, especially in these early days, a rising tide will lift all boats.
<h2>Culture: MoonPay is nurturing the NFT revolution</h2>
<img src="https://lh3.googleusercontent.com/UjwAQxvhTdn9Y_5SkkEnqn75dKCZfX0jGwPyYkue3V2SAWjQWV3JcB44XSHRPfCj2Y0gOPBJgNkKBWwbaS6nHVzc27788ngYXAreeWeQjok8Gzhflh9fiy4qQhGi2L1ADPWnS2J6" width="624" height="351" loading="lazy" style="margin-left: auto; margin-right: auto; display: block;"> “Crypto” used to exclusively refer to cryptocurrency, but over the last few years it has come to mean so much more. Now, with the meteoric rise of NFTs, crypto encompasses a booming revolution in digital ownership. In the arts this has sparked nothing short of a renaissance—an explosion of activity that’s bound to reach other industries as new use cases for digital tokens are discovered. We believe the ticketing industry, for example, will likely be radically disrupted by NFTs. But despite all their promise, the typical experience of buying and selling these unique assets remains fragmented and full of friction. We’re solving this by reducing the lengthy checkout process to a few simple steps. As a result, not only are leading marketplaces like OpenSea working with us to improve their NFT buying experience, we’re also helping new marketplaces spring up overnight, emboldening otherwise cautious businesses to venture into this exciting space.
<h2>Leading the charge</h2>
MoonPay has come a long way in a very short time. We’ve matured quickly and continue to grow at a tremendous pace, with 35x growth in transaction volume in just the last two years. But despite all our progress, this is still just the beginning for us. Future generations will look back at this time as a turning point for crypto, when the coveted “mass adoption” really took off. We believe that our company’s capabilities are perfectly suited not only to rise to the moment, but to shape it. But don’t take our word for it. This historic financing round is a vote of confidence for what we’re doing and where we’re headed next. It’s proof that people believe in our ability to bring the next billion people to crypto, a waystation to our final destination: the moon. Ivan PS. We’re always hiring! Check out our <a href="https://www.moonpay.com/careers" rel="noopener">careers page</a> for more info.

Just as the internet evolved from dial-up to broadband twenty years ago, crypto is now transitioning to a new phase of development in which millions of new users will participate (our mission is to bring in the next billion people by 2030). Crypto is truly going mainstream, and MoonPay is helping it get there. We’ve just reached a significant milestone by closing our <a href="http://www.moonpay.com/blog/funding-round" rel="noopener">Series A financing round</a> of $555 million, bringing our post-money valuation to $3.4 billion. This is record-breaking: it’s the largest Series A for any bootstrapped crypto company globally—a watershed moment not only for MoonPay but for the industry as a whole. But what’s significant is not that we’re breaking records, it’s that people are putting trust in our ability to take crypto mainstream. How we’re doing this is simple: our intuitive platform enables our partners to accept over 30 fiat currencies and most major payment methods, allowing people from all over the world to buy and sell cryptocurrencies and popular new digital assets called NFTs (non-fungible tokens). Today MoonPay is the first point of contact for millions entering the crypto economy. But why us? Why are so many investors big and small putting their full faith in MoonPay? We believe it comes down to a few key factors: speed, access, and culture.

Ledger chooses MoonPay as its on-ramp

The integration expands the leading hardware wallet provider’s offerings through its Ledger Live app.

It’s a great day for anyone who uses Ledger! Today MoonPay has joined its growing family of partners available in the <a href="https://www.ledger.com/supported-services">Ledger Live apps catalog</a>.
Ledger is a cryptocurrency security and infrastructure solutions company that designs state-of-the-art hardware wallets. These resilient wallets are widely considered to be the safest way to store crypto, a popular option for those who want full control over their private keys.
Launched in 2018, the company’s app, Ledger Live, is a platform for buying, exchanging, and lending crypto. With the MoonPay integration, users are given access to a wider range of cryptocurrencies and payment options than were previously available.&nbsp;
<img src="https://lh3.googleusercontent.com/ZE7tyz4oaRIveIvBO-D--nZF-qDRZ-F6elGXGgIve0S9A7g7j2ugruLmUVNKdAvfs3UmXuVE2UVX3c9iyjIXmIhXLEGPXQPqJjz-gg9RZO_C3AO8Ml9tH9OVNcEUFWIS3Kh7D1_O" width="624" height="356" loading="lazy" style="margin-left: auto; margin-right: auto; display: block;" alt="A picture of the Ledger Live app on mobile and desktop.&nbsp;">
<figure class="kg-card kg-image-card kg-card-hascaption" style="text-align: center;">
<figcaption>The Ledger Live app is available on Android, iOS and desktop (<a href="https://www.ledger.com/wp-content/uploads/2020/01/live.png">Image source</a>)&nbsp;</figcaption>
</figure>
For example, while coins such as BTC and ETH were already available through Ledger Live, new tokens such as ALGO, ATOM, AXS, CHZ, MANA, and SAND are accessible thanks to MoonPay. And while payment options such as debit / credit card were already accepted, Apple Pay, Samsung Pay, and Google Pay are new additions.&nbsp;&nbsp;
“Ledger is practically synonymous with security in the world of crypto,” said MoonPay co-founder and CEO Ivan Soto-Wright. “This integration is a big step for us and a big step for Ledger. The company’s wallets already have an unparalleled reputation, so we’re excited to be a part of its growing app.”&nbsp;
MoonPay is also helping Ledger to expand its geographical scope by onboarding users from countries such as Lebanon, Saudi Arabia, South Korea, Thailand, and Ukraine.
Ledger continues to add coins, NFTs and DApps into Ledger Live, and will soon be integrating new buy options and in-app features.
Seamlessly add crypto to your Ledger wallet either through the <a href="https://www.ledger.com/buy-moonpay" rel="noopener">Ledger Live app</a> or directly with <a href="https://www.moonpay.com/" rel="noopener">MoonPay</a>.

It’s a great day for anyone who uses Ledger! Today MoonPay has joined its growing family of partners available in the <a href="https://www.ledger.com/supported-services">Ledger Live apps catalog</a>.

MoonPay Blog