During the new moon phase, MoonPay unveiled an intriguing twist in the fintech universe — MoonPay Ventures. It’s not just a subdivision; it’s an investment arm created to empower nascent Web3 finance and gaming startups through top funding and mentoring.
Poised to invest between $100,000 to $1 million in the next generation of worthy companies on-chain, MoonPay Ventures focuses on startups’ seed and Series A funding stages. Already lined up with a portfolio of over 25 companies, including the famed Ledger, Mythical Games, and BCB Group, MoonPay’s new division moonbeams on its commitment to pioneering the innovators of tomorrow.
1️⃣/ Today, we unveil MoonPay Ventures🎉! Our investment arm is committed to MoonPay’s mission – forging vital infrastructure for leading wallets, exchanges, and brands – all accelerating Web3 adoption 🥳 pic.twitter.com/DcDevCLLdw
— MoonPay 🟣 (@moonpay) August 29, 2023
MoonPay’s Advanced Epoch of Evolution
Launching in the crypto heyday of 2019, MoonPay now flaunts an international footprint. The platform has remarkably formed alliances with over 500 industry players, racked in a customer base of over 5 million, made its mobile app accessible in 130 countries, and has an expensive crypto asset portfolio that any company would be chuffed to be a part of.
Notably, since its inception, the leading crypto payment service has acquired top talent from Time; joined forces with top NFT marketplaces, LooksRare and Mintable; collaborated with the esteemed NFT artist and photographer Julie Pacino for an NFT-Inspired Movie; assisted toward raising awareness about Mental Health through NFTs with Alo Yoga, and more.
As MoonPay continues building and enhancing, it is now committed to empowering standout players in the ecosystem, enabling them to collectively work toward mass Web3 adoption by helping shape cutting-edge technologies through valuable capital and advice.
MoonPay Ventures initiative for startups denotes a noteworthy shift in blockchain evolution, infusing resources and expertise necessary to bolster the next generation of the internet.
Want more? Connect with NFT Plazas
Join the Weekly Newsletter
Follow us on Twitter
Like us on Facebook
Follow us on Instagram
*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Digital art fanatic who brings a unique perspective to NFT news.