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The MoonPay mission

MoonPay was created with the mission of giving the next billion people access to cryptocurrency — a technology we think ultimately has the power to affect as many lives as the internet.

29 Nov 2020by Ivan Soto-Wright

The MoonPay mission

MoonPay was created with the mission of giving the next billion people access to cryptocurrency — a technology we think ultimately has the power to affect as many lives as the internet.

In the same way the internet became a means to democratize information, cryptocurrency is becoming a means to democratize financial participation at scale. Bitcoin, Ethereum, and other cryptocurrencies are forging what many are starting to call the Internet of Money.

Democratizing financial participation

Instead of “banking the unbanked” —  that is, simply giving more people access to legacy financial services — cryptocurrency makes it possible for the world's roughly 1.7 billion unbanked citizens to become their own banks, fully equipped with capabilities in international cross-border payments, value preservation, lending, and other financial services crucial to helping people take some of their first steps towards escaping poverty.

Cryptocurrency has already given the world a glimpse of a more open and inclusive financial system, one where the unbanked and underbanked have a better alternative to the monopolies held by legacy banks and incumbents.

But whether this vision of an open financial system, underpinned by blockchain-based payment networks is realized or not rests on the question of access.

With roughly 101 million cryptocurrency users around the world today, right now this powerful technology is only reaching as many people as the internet did in 1997. By 2030, we want to play a role in making cryptocurrencies accessible to billion people or more, or roughly the size of the internet's global user base in 2005.

Payment infrastructure for crypto

MoonPay is building the mission-critical payment infrastructure for leading fintech companies, exchanges, and wallets to accelerate cryptocurrency adoption. We believe that reliable fiat payment infrastructure is absolutely necessary for real-world use cases of cryptocurrency to thrive.

We know that we won't get there alone – and it is only through fostering a healthy ecosystem of partners with reliable payment infrastructure that it becomes realistically achievable to bring the global population closer to the one-billion user milestone.

Thanks to the support of hundreds of amazing partners, we are proud to have helped over a million end-users from 160 countries buy and sell cryptocurrencies using MoonPay's APIs and Widget.

The future

Looking ahead, we're ready to continue our commitment to accelerating the adoption of cryptocurrency — we will not rest until MoonPay reliably covers every major fiat payment method across every major geography, while upholding the highest standards of global regulatory compliance.

This will not be possible without a passionate super team that is dedicated to a culture of continuous improvement for our partners, end-users, and also importantly for themselves, as individuals.

Thanks to everyone for giving us a shot to shape the future of crypto!

-Ivan

PS. Today we are fortunate to be a remote-first, globally distributed team that is able to grow sustainably during a challenging time. If interested in a career with MoonPay, we'd love to hear from you!