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- MoonPay
MoonPay Revenue, Valuation, Funding & Investors
MoonPay is valued at $3.4B as of April 2022.
Last MoonPay valuation
$3.4B
Series A · Apr 2022
Last MoonPay funding round
$29M
Undisclosed stage · Jan 2025
MoonPay revenue
$108M
Series A · Nov 2021
Key investors in MoonPay
Tiger Global
Coatue
K5 Global
Sound Ventures
Human Capital
Time Ventures
About MoonPay
MoonPay is a London-headquartered financial technology company enabling fiat-to-crypto purchases worldwide. The non-custodial platform processes payments via credit cards, bank transfers, Apple Pay, and Google Pay for cryptocurrencies and NFTs. Supporting over 160 countries since its 2019 founding, MoonPay integrates with wallets like MetaMask and Phantom, powering onramps for exchanges and dApps.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2C & B2B
Revenue model
Commission
Revenue
$108M (Nov 2021)
Valuation
$3.4B (Apr 2022)
MoonPay Valuation
MoonPay is currently valued at $3.4B, based on its Series A in April 2022.
The $87M round included K5 Global, Sound Ventures, Plus Capital, Snoop Dogg Ventures, Human Capital and 4 other investors.
MoonPay's valuation has moved from $3.4B at its Series A in November 2021 to $3.4B in April 2022, across 2 priced rounds.
MoonPay valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Apr 2022 | Series A | $3.4B | - |
| Nov 2021 | Series A | $3.4B | 31.5x |
MoonPay Revenue
MoonPay's latest recorded revenue is $108M, as of its Series A in November 2021. At a $3.4B valuation, that implies a 31.5x revenue multiple.
MoonPay revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Nov 2021 | $108M | $3.4B | 31.5x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
MoonPay Funding History
MoonPay has raised a total of $680M across 5 funding rounds.
MoonPay's first fundraising round was a $555M Series A in November 2021. The most recent completed round was a $29M undisclosed-stage round in January 2025.
MoonPay funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2025 | Undisclosed stage | - | $29M | - | MoonPay is a fintech company founded in 2019, headquartered in Miami, Florida, providing payments infrastructure for crypto that enables users to buy, sell, and swap cryptocurrencies using traditional payment methods like credit cards, Apple Pay, and PayPal. It serves over 20 million users worldwide, has processed billions in transaction volume, and partners with platforms such as Coinbase, MetaMask, and OpenSea. The company reported $150 million in annual revenue in 2021 and has been profitable since launch, with over 300 employees across nine countries. MoonPay's funding history includes a $555 million Series A in November 2021 at $3.4 billion post-money valuation, led by Tiger Global and Coatue, with participation from Paradigm, Blossom Capital, Thrive Capital, and NEA. Subsequent raises encompass a Series A extension of $87 million in April 2022, smaller venture rounds of $5.7 million in January 2023 and $3 million in September 2023, $200 million conventional debt in March 2025, and a $17.2 million round on July 1, 2025. Aggregate funding totals around $643 million, with valuations cited at $3.4 billion post-2021 and $23 billion as of April 2025 in one source. No specific funding round matches January 22, 2025; however, on January 13, 2025, MoonPay acquired Helio for a reported $175 million, with its last known valuation at $3.4 billion from the 2021 Series A. Later developments include talks in late 2025 for a potential round valuing the company at around $5 billion backed by Intercontinental Exchange (ICE), owner of the NYSE, and another $180 million Series A reported on November 20, 2025, also at $3.4 billion valuation led by Paradigm and Haun Ventures. |
| Sep 2023 | Seed | Atacama Ventures; northstar.vc | $3M | - | - |
| Jan 2023 | Series A | - | $6M | - | - |
| Apr 2022 | Series A | K5 Global; Sound Ventures; Plus Capital; Snoop Dogg Ventures; Human Capital; AG Ventures; 11:11 Media; Time Ventures; Justin Bieber | $87M | $3.4B | MoonPay is a global crypto payments infrastructure provider founded in 2018, based in Miami-Fort Lauderdale, that enables users to buy and sell cryptocurrencies and NFTs using traditional payment methods like credit and debit cards. The company developed the NFT Checkout solution, allowing instant NFT purchases with conventional payment instruments, and serves as a foundational infrastructure layer for Web3 adoption across multiple industries. In November 2021, MoonPay closed a landmark $555 million Series A financing round led by Tiger Global Management and Coatue Management, with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA, valuing the company at $3.4 billion post-money. In April 2022, more than 60 influential figures and organizations from music, sports, media, and entertainment sectors, including Justin Bieber, Snoop Dogg, Bruce Willis, Gal Gadot, Gwyneth Paltrow, Maria Sharapova, and others, collectively invested an additional $87 million in the company as part of a Series A extension. At the time of the April 2022 announcement, MoonPay reported serving 10 million customers across 160 countries and processing approximately $3 billion in total transaction volume through more than 250 partner sites including Bitcoin.com and OpenSea. The company stated it had achieved profitability by April 2022 and announced plans to expand its global footprint and launch new products including MoonPay Concierge for high-profile NFT acquisitions. |
| Nov 2021 | Series A | Coatue (lead); Tiger Global (lead) | $555M | $3.4B | MoonPay is a cryptocurrency payment infrastructure provider that enables users to buy and sell cryptocurrencies and NFTs using traditional fiat payment methods like bank transfers, credit cards, and mobile wallets such as Apple Pay and Google Pay. The company offers compliance features including anti-money laundering and know-your-customer checks, and integrates with over 250 wallets and partners across 160 countries, supporting 30 fiat currencies and 90 cryptocurrencies. It has powered NFT purchases on platforms like OpenSea and processed more than $2 billion in transactions with over 7 million users since its 2019 inception, achieving 35x growth in transaction volume in the prior two years. On November 22, 2021, bootstrapped MoonPay raised $555 million in its first-ever Series A round, led by Tiger Global Management and Coatue, with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA. The equity-only round set a post-money valuation of $3.4 billion, marking the largest and highest-valued Series A for any bootstrapped crypto company at the time. Funds were allocated to accelerate international expansion into 20 cities, double headcount from 130 to 260 employees, add payment methods, and develop new products toward an IPO. The round highlighted MoonPay's market leadership in crypto on-ramps amid booming NFT and digital ownership trends, positioning it to onboard the next billion users to cryptocurrency by 2030. Investors praised its seamless user experience and infrastructure, comparing crypto's growth to the early internet. |
Who has invested in MoonPay?
13 investors have backed MoonPay across its funding rounds, including Tiger Global, Coatue, K5 Global, Sound Ventures, Human Capital and Time Ventures.
Lead investors include Coatue and Tiger Global.
MoonPay Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Apr 2022 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Participant | Sep 2023 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Participant | Sep 2023 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Lead | Nov 2021 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Participant | Apr 2022 | ||
| 1 | Lead | Nov 2021 | ||
This data is available for Pro users. Sign up to see all 13 MoonPay investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by MoonPay
MoonPay has acquired 12 companies to date.
Last acquisition by MoonPay was on August 28th 2026. MoonPay acquired Rhythm for undisclosed valuation.
Latest Acquisitions by MoonPay
| Description | Rhythm is a trading platform for decentralized finance that automates transactions and supplies risk management tools for on-chain activity. | Glide is a settlement protocol that executes token transfers directly on EVM-compatible blockchains without intermediate exchanges. | Entendre Finance is an AI-driven enterprise platform automating accounting, reporting, and bookkeeping for blockchain and digital asset operations. It deploys configurable AI agents to manage month-end workflows, data extraction from wallets, and financial statements compliant with GAAP and IFRS. The system bridges traditional ERP like QuickBooks and Web3 protocols such as Ethereum, serving crypto funds and exchanges with secure transaction reconciliation. | Decent.xyz is a platform that lets fans support musicians through NFTs. | |
| HQ Country | - | ||||
| HQ City | - | San Francisco, CA | New York City, NY | San Francisco, CA | |
| Deal Date | 28 Aug 2026 | 14 Jul 2026 | 21 Jun 2026 | 20 May 2026 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all MoonPay acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by MoonPay
MoonPay has invested in 13 companies to date.
Latest investment by MoonPay was on April 16th 2025. MoonPay invested in Glider in their $4M Seed round.
Latest Investments by MoonPay
| Description | Glider is a decentralized trading platform that simplifies market execution for users by abstracting technical complexities. Built on blockchain infrastructure, it offers tools for leverage trading, perpetual futures, and spot markets with one-click strategies, integrating wallets like MetaMask for seamless access to DeFi opportunities. | Intract is a web3 marketing platform using blockchain for user acquisition and engagement. The Mumbai-based company provides CRM tools, token-gated campaigns, and AI-driven growth hacking to analyze on-chain behaviors. Intract executes quests, airdrops, and NFT rewards for projects on Ethereum and Solana. It partners with Polygon and serves DeFi protocols and gaming DAOs. | CREATESAFE is a CRM platform designed for artists and creative teams. It offers tools for resource management, marketing, and enterprise control, including executive development and agency services. The US-based service streamlines fan engagement, sales tracking, and project workflows for musicians, visual artists, and content creators. | Mythical Games is a Sherman Oaks-headquartered studio publishing blockchain-enhanced video games like Blankos Block Party and NFL Rivals. Its Mythical Platform provides developers with Mythos Chain blockchain and MYTH token integration for true in-game asset ownership and secondary marketplaces. The company powers economies in titles across mobile, PC, and console with secure NFT transactions. | |
| HQ Country | |||||
| HQ City | New York City, NY | Singapore | Los Angeles, CA | Los Angeles, CA | |
| Deal Date | 16 Apr 2025 | 13 Dec 2023 | 16 Nov 2023 | 27 Jun 2023 | |
| Round | Seed | Seed | Seed | Series C | |
| Raised | $4M | $3M | $5M | $37M | |
| Investors | a16z crypto; Uniswap Labs; Coinbase Ventures; Chris Kalani; GSR; Pivot Global; Generative Ventures; Selini Capital; First Commit | Polygon Ventures; Tokentus Investment; DeVC; gumi Cryptos Capital (gCC); Alpha Wave Global; Areta; BITKRAFT Ventures | Chaac Ventures; Anthony Saleh; Dan Weisman; Paris Hilton; Crush Ventures; Polychain; Unified Music Group | PROOF; Stanford Athletics; Animoca Brands; Private Ventures Group; Andreessen Horowitz; ARK Investment Management; Signum Growth Capital; Gaingels; Struck Capital; Westcap; Scytale Digital | |
| Valuation | undisclosed | undisclosed | undisclosed | $1B | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all MoonPay investments and their VC round multiples. Start Free Trial | |||||
MoonPay Competitors
MoonPay competitors include listed companies like Block and Shift4 Payments, and private ones like RedotPay, Celestia, Flutterwave and Blockdaemon.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $150M | - | $2B | 13.3x | ||
| Publicly listed | $24B | $2.2B | $46B | 1.6x | ||
| Private | - | - | $3.5B | - | ||
| Private | $95M | - | $3.3B | - | ||
| Publicly listed | $4.2B | $758M | $3.3B | 3.2x | ||
| Private | $75M | - | $3.3B | 43.3x |
MoonPay Public Comps
MoonPay is still privately-owned, but its public comps include Shift4 Payments, Hyperliquid Strategies, Kakao Pay, PagSeguro, dLocal, Euronet Worldwide, Galaxy Digital, GMO Payment Gateway, Payoneer and Lakala.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.2B | $758M | 1.8x | 3.2x | 10.0x | 6.9x | |||
| $9M | - | 308.0x | 162.2x | - | - | |||
| $698M | $58M | 5.6x | 4.7x | 67.9x | 30.9x | |||
| $4B | $1.7B | 2.6x | 2.6x | 6.1x | 12.2x | |||
| $1.1B | $229M | 3.1x | 2.3x | 14.6x | 10.7x | |||
| $4.2B | $648M | 0.7x | 0.7x | 4.9x | 4.2x | |||
| $60B | ($177M) | 0.1x | 0.2x | (43.3x) | (182.6x) | |||
| $530M | $229M | 6.4x | 5.6x | 14.7x | 12.5x | |||
This data is available for Pro users. Sign up to see all MoonPay competitors and their valuation data. Start Free Trial | ||||||||
Common questions about MoonPay
| When was MoonPay founded? | MoonPay was founded in 2019. |
| Where is MoonPay headquartered? | MoonPay is headquartered in Dover, DE, United States. |
| Is MoonPay publicly listed? | No, MoonPay is a private, VC-backed company. |
| What is MoonPay's valuation? | MoonPay was last valued at $3.4B in its Series A in April 2022. |
| How much funding has MoonPay raised? | MoonPay has raised $680M across 5 funding rounds. |
| What was MoonPay's last funding round? | MoonPay's last funding round was a $29M undisclosed-stage round in January 2025. |
| Who are MoonPay's investors? | MoonPay's investors include K5 Global, Sound Ventures, Plus Capital, Atacama Ventures, Snoop Dogg Ventures, northstar.vc, Human Capital, Tiger Global, AG Ventures, 11:11 Media and 3 others. |
| What is MoonPay's revenue? | MoonPay's latest recorded revenue is $108M (November 2021). |
| What is MoonPay's revenue multiple? | MoonPay's latest valuation implies a 31.5x revenue multiple ($3.4B valuation on $108M of revenue). |
| Which companies are comparable to MoonPay? | Companies comparable to MoonPay include RedotPay, Block, Celestia, Flutterwave, Shift4 Payments and Blockdaemon. |
| How many companies has MoonPay acquired? | MoonPay has acquired 12 companies, including Rhythm, Glide, Entendre Finance, Decent.xyz and Dawn Labs. |
| What was the largest acquisition by MoonPay? | The $175M acquisition of Helio in December 2024 is the largest acquisition MoonPay has made to date. |
| How many companies has MoonPay invested in? | MoonPay has invested in 13 companies, including Glider, Intract, CREATESAFE, Mythical Games, Bluedot, Entendre Finance, MetaGravity and Absolute Labs. |
| What was MoonPay's last investment? | In April 2025, MoonPay invested in Glider's $4M seed round alongside a16z crypto, Uniswap Labs, Coinbase Ventures and 6 other investors. |
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