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MoonPay is a crypto payments platform founded by Ivan Soto-Wright and Victor Faramond.
MoonPay is a crypto payments platform founded by Ivan Soto-Wright and Victor Faramond, which enables users to easily purchase, sell, and swap cryptocurrencies using regular money. It started in 2018 and is based in Miami, and has grown into a global entry point to Web3, helping people access crypto, NFTs, and blockchain-based services in more than 160 countries. MoonPay makes crypto simple for beginners while still working well for businesses. It’s used by millions of people and is connected with many wallets, exchanges, and dApps.
| Year | Achievements | |
| 2018-2019 | Founded | MoonPay was started in 2018 by Ivan Soto-Wright and Victor Faramond. |
| Launch | Officially launched in 2019, processing its first transaction, a €20 Ether purchase. | |
| 2021 | Series A Funding | Raised $555 million in a Series A round led by Tiger Global and Coatue, valuing the company at $3.4 billion. |
| Transaction Volume | Surpassed $2 billion in total processed transactions by late 2021. | |
| 2022-2023 | NFT Checkout | Launched a world-first solution letting users buy NFTs directly with credit cards. |
| HyperMint | Debuted the HyperMint platform in June 2022 to help brands mint and manage NFTs at scale. | |
| The MoonPay App | Released an all-in-one app for buying and selling crypto in May 2023. | |
| MoonPay Ventures | Started a venture capital arm in August 2023 to invest in early-stage Web3 and fintech startups. | |
| 2025 | Helio Acquisition | Acquired Solana-based payment processor Helio for $175 million in January to expand merchant services. |
| Iron Acquisition | Bought stablecoin infrastructure platform Iron in March 2025 to strengthen enterprise solutions. | |
| Regulatory Milestone | Received a BitLicense and money transmitter license from the New York State Department of Financial Services in June 2025. | |
Launch Date
Jan-2019
Company Size
Medium (51-250)
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| # | Investor Name | Investor Category | Funding Date | Funding Round | Invested By | Fund Raised |
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