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MoonPay celebrates 2nd anniversary with over one million transactions

MoonPay celebrates 2nd anniversary with over one million transactions | Fintech Finance

MoonPay, the global payments infrastructure solution, today celebrates its 2nd anniversary, marking the date by announcing it has processed over one million transactions across more than 160 countries worldwide.

Following its launch in 2019, MoonPay has secured over 250 partners and has grown from a team of two to over 60 people, with members based across a multitude of geographies. In addition to supporting 45 fiat currencies, MoonPay has added over 60 cryptocurrencies to its infrastructure – as testament to the firm’s aim of democratising cryptocurrency for all.

Without any external investment, the business, which recently announced its in-principle approval for a class 2 VFA licence, has also seen its revenue stream increase by over 3000% over the last 12 months and is set to rapidly expand in 2021 and beyond.

Commenting on the firm’s two-year anniversary, CEO and Co-Founder of MoonPay, Ivan Soto-Wright said:
“At MoonPay our mission is to provide the technology that will let one billion users worldwide access cryptocurrency by 2030. Our team has been working hard towards our goal of offering all payment methods – fiat and crypto – in all countries, in a regulated and compliant way. Having only launched two years ago, we are immensely proud to have already gone live in 160 countries and to have processed over one million transactions.

“We truly believe in the importance of democratising cryptocurrency and providing a secure infrastructure which allows both businesses and individuals to harness the significant benefits and opportunities presented by it. We have some incredibly exciting developments in the pipeline and I am looking forward to growing the business as we seek to support all local payment methods, globally.”

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