A fintech startup called MoonPay was established in 2019 with the goal of promoting the use of cryptocurrencies. The business serves as a gateway to digital assets and develops payment infrastructure for the cryptocurrency market. The main selling point of MoonPay is its checkout software, which lets customers use their credit cards, debit cards, Apple Pay, and other digital payment methods to purchase cryptocurrencies and NFTs. When purchasing cryptocurrencies with MetaMask or Stargazer Wallet, users can use MoonPay.
When purchasing cryptocurrencies or NFTs, customers can avoid using exchanges like Coinbase or Crypto.com by using Moonpay. In order to buy Bitcoin, it’s vital to have alternatives to exchanges, as certain exchanges may sporadically adjust their buying restrictions or place holds on your account.
CEO Ivan Soto-Wright and Chief Engineering Officer Victor Faramond are the co-founders of the Miami-based MoonPay. The cryptocurrency payments firm has made considerable hiring efforts, expanded abroad, and introduced new goods and services after closing two significant venture funding rounds.
Since then, MoonPay has provided more than $2 billion in crypto assets, has more than five million users globally, and supports more than 80 different types of digital assets.
HyperMint, a developer-friendly self-service platform that enables anybody to produce, administer, and mint NFTs at scale, was introduced by MoonPay in June. After seeing the absence of approachable NFT infrastructure options, the company developed HyperMint, which it dubbed “AWS for NFTs” in a blog release. It’s feasible that MoonPay will go public in the upcoming few years and possibly create their own cryptocurrency token.
