MoonPay, the leading crypto payment service, recently introduced a new investment arm called MoonPay Ventures. This division is not just a subdivision but a dedicated investment arm that aims to support and empower emerging Web3 finance and gaming startups through funding and mentoring opportunities.
MoonPay Ventures is determined to invest between $100,000 to $1 million in the next generation of promising companies on-chain. The focus of this investment arm is on startups in their seed and Series A funding stages. With a portfolio that already includes more than 25 companies, such as Ledger, Mythical Games, and BCB Group, MoonPay Ventures is committed to nurturing and championing the innovators of tomorrow.
MoonPay Ventures was introduced during the new moon phase, marking a new chapter in the fintech universe. The investment arm’s goal is to accelerate the adoption of Web3 by providing vital infrastructure for leading wallets, exchanges, and brands.
Since its launch in 2019, MoonPay has experienced significant growth, establishing an international presence. The platform has formed alliances with over 500 industry players and amassed a customer base of over 5 million. Additionally, MoonPay’s mobile app is accessible in 130 countries. These achievements have further solidified MoonPay’s position within the crypto industry.
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MoonPay has made notable collaborations and acquisitions that have contributed to its growth and expansion. The platform has acquired top talent from Time, partnered with renowned NFT marketplaces like LooksRare and Mintable, and collaborated with esteemed NFT artist and photographer Julie Pacino for an NFT-Inspired Movie. MoonPay has also participated in initiatives to raise awareness about mental health through NFTs in collaboration with Alo Yoga.
With the establishment of MoonPay Ventures, the company is now focused on empowering standout players in the ecosystem. By providing valuable capital and advice, MoonPay Ventures aims to foster the development of cutting-edge technologies that will shape the future of the internet. This initiative represents a significant shift in the evolution of blockchain and demonstrates MoonPay’s commitment to supporting the next generation of innovators.
As MoonPay continues to build and enhance its services, the introduction of MoonPay Ventures signifies its dedication to advancing the Web3 ecosystem. By investing in and mentoring startups, MoonPay Ventures aims to contribute to the mass adoption of Web3 technologies.
In conclusion, MoonPay Ventures is an investment arm created by MoonPay, a leading crypto payment service. This division aims to empower emerging Web3 finance and gaming startups through funding and mentoring opportunities. With a focus on startups in their seed and Series A funding stages, MoonPay Ventures is committed to nurturing the innovators of tomorrow. Through this initiative, MoonPay aims to accelerate the adoption of Web3 and contribute to the development of cutting-edge technologies.
