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MoonPay

Category: AI Infrastructure

Crypto payments infrastructure company providing fiat-to-crypto on/off-ramp services and expanding into AI agent payment infrastructure MoonPay was founded in 2019. The company is led by Ivan Soto-Wright. Based in Miami, Florida, United States. Team size: 201-500. Total funding raised: $645M. Latest round: Debt. Key investors include Tiger Global Management; Coatue Management; Blossom Capital; NEA; Thrive Capital; Paradigm; K2 Global; Cobalt Capital; Galaxy; Plus Capital; The Chainsmokers; Paris Hilton; Justin Bieber; Snoop Dogg; Gwyneth Paltrow; Ashton Kutcher; Drake; Maria Sharapova; Bruce Willis; Eva Longoria; Shawn Mendes; Kate Hudson; Jason Derulo.

Founded
2019
Headquarters
Miami, Florida, United States
Team size
201-500
Total funding
$645M

Value proposition

Simplifies access to buy, sell, and trade crypto using everyday payment methods (cards, Apple Pay, PayPal, Venmo, bank transfers) while providing infrastructure for businesses to onboard users into the blockchain-based financial ecosystem

Products and solutions

Crypto on-ramp/off-ramp widget; NFT Checkout; HyperMint (NFT minting platform); MoonPay Agents (AI agent payment infrastructure); Dawn CLI (AI natural-language trading tool for prediction markets); MoonPay Balance; MoonTags (send/receive); MoonPay Institutional; Virtual Accounts; MoonPay Commerce; MoonAgents Card (Mastercard debit for AI agents)

Unique value

Largest crypto payments infrastructure provider with the highest-valued Series A for a bootstrapped crypto company ($3.4B valuation); fully licensed in US, regulated in UK/EU/Canada/Australia; supports 170+ crypto assets across 180 countries; $8B+ crypto delivered

Target customer

Individual crypto users (35M+ accounts) and enterprise/business partners (500+ companies including crypto wallets, NFT marketplaces, and exchanges)

Industries served

Cryptocurrency payments; NFT marketplaces; Web3 infrastructure; Prediction markets; AI agent payments; DeFi; Enterprise blockchain

Technology advantage

End-to-end crypto payment infrastructure (KYC, payment processing, liquidity, fraud prevention); Open Wallet Standard for AI agents; non-custodial agent wallets; Mastercard partnership for stablecoin spending at 150M+ merchants; proprietary fraud engine and AML monitoring

How they differentiate

Largest scale ($8B+ crypto delivered, 35M+ accounts, 500+ partners); highest regulatory compliance (licensed in US, regulated in UK/EU/Canada/Australia); broadest payment method support (cards, Apple Pay, PayPal, Venmo, bank transfers); first-mover in AI agent payment infrastructure with MoonPay Agents and Dawn CLI

Main competitors

Transak; Ramp Network; Banxa; Crossmint; Stripe (crypto on-ramp); Coinbase (Pay)

Key partnerships

Mastercard (stablecoin card payments, Crypto Credential); OpenSea (NFT checkout); Bitcoin.com; MetaMask; Universal Pictures; Fox Corporation; Death Row Records; Creative Artists Agency (CAA); Puma; Alo Yoga; adidas; Galaxy ($200M credit facility)

Notable customers

OpenSea; Bitcoin.com; MetaMask; Universal Pictures; Fox Corporation; Puma; Alo Yoga; adidas; Death Row Records; FaZe Clan

Major milestones

2019: Founded and launched; secured first partnership with Bitcoin.com; 2021: $555M Series A at $3.4B valuation (largest Series A for bootstrapped crypto company); 2022: Launched NFT Checkout and HyperMint; partnered with Mastercard; ranked #44 on CNBC Disruptor 50; 2023: Acquired Nightshift (rebranded to Otherlife); 2025: $200M debt facility from Galaxy; partnered with Mastercard for stablecoin card payments; acquired Helio, Iron, Meso, Decent, Sodot; ICE (NYSE owner) in talks to invest at ~$5B valuation; 2026: Launched MoonPay Agents (AI agent payment infrastructure); acquired Dawn Labs and launched Dawn CLI AI trading tool; acquired DFlow ($100M all-stock)

Growth metrics

35M+ verified accounts; $8B+ crypto delivered; 500+ enterprise partners; 180 countries; 170+ crypto assets; 112% net revenue growth in 2024 vs 2023; $107.6M revenue (2025 est.); 425 employees

Market positioning

Market leader in crypto payments infrastructure; unicorn at $3.4B valuation (2021), targeting ~$5B valuation in 2025/2026; expanding from pure payments to full-stack Web3 infrastructure and AI agent economy

Geographic focus

Global (180 countries); strong presence in US, UK, EU, Canada, Australia

About Ivan Soto-Wright

Co-Founder & CEO at Saveable (acquired by Plum Fintech); Analyst at Redington (investment advisory); B.A. Economics (Phi Beta Kappa) from The George Washington University; studied Philosophy, Politics and Economics at University of Oxford

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