MoonPay closes historic funding round

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 mission 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 OpenSea, the largest marketplace for 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: