MoonPay is a financial technology company that provides infrastructure for cryptocurrency and Web3 payments, allowing users to buy, sell, and manage digital assets. It offers solutions for on-ramps (fiat-to-crypto), off-ramps (crypto-to-fiat), token swaps, and NFT checkout. ^{[1] [2]}

Overview

MoonPay was founded in 2019 by CEO Ivan Soto-Wright with the goal of enabling anyone to buy cryptocurrency using a credit card ^[1].

The company provides checkout experiences for various crypto wallets and applications, supporting payment methods like Apple Pay, Google Pay, PayPal, and Venmo ^[1]. MoonPay aims to simplify access to cryptocurrency and facilitate its integration into the financial system ^[1].

MoonPay provides a suite of APIs and SDKs designed for Web3 integrations, specializing in on-ramps, off-ramps, token swaps, and digital collectible management ^[2]. The platform supports multiple Web3 use cases, offering a streamlined experience for users at every step ^[2].

MoonPay's solutions cater to the evolving needs of the Web3 landscape, providing tools for developers interested in leveraging Web3 authentication and blockchain technology. ^[7]

MoonPay reports that over 30 million people worldwide use its platform to access cryptocurrency, and more than 300 platforms utilize its infrastructure to onboard users ^[1]. The company operates in over 180 countries and supports transactions with over 50 tokens ^[1]. MoonPay has processed over $9 billion in transaction volume ^[1].

Key Features

• On-Ramps: Allows users to buy crypto with fiat currencies within apps or websites using local payment methods ^[3].
• Off-Ramps: Enables users to sell crypto for fiat currency, increasing revenue and reducing customer attrition ^[4].
• Swaps: Facilitates cross-chain crypto swaps with low fees ^[5].
• Checkout: Allows users to purchase NFTs with debit or credit cards on over 40 blockchains ^[6].

Products

MoonPay offers a range of products designed to facilitate cryptocurrency and Web3 transactions ^[2]. These include:

• On-Ramps: Enables users to buy crypto with fiat currency ^[2].
• Off-Ramps: Enables users to sell crypto for fiat currency ^[2].
• Swaps: Enables users to swap one crypto for another ^[2].
• Checkout: Enables users to buy NFTs with fiat (credit/debit card) ^[2].
• Minting: Enables users to create their NFT collections ^[2].

Partnerships

MoonPay has established partnerships with various companies and platforms in the cryptocurrency and Web3 space ^[2]. These partners include:

• Metamask
• Trust Wallet ^[2]
• Ledger ^[2]
• Phantom ^[2]
• Bitcoin.com ^[2]
• OpenSea ^[2]
• Mastercard ^[8]
• Universal Theme Parks ^[2]