MoonPay launches investment arm MoonPay Ventures

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MoonPay Ventures will provide support for early-stage web3 and fintech firms.

Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto on-ramp and payment solutions provider MoonPay has launched an investment arm called MoonPay Ventures.

MoonPay Ventures will focus on early-stage startups specializing in web3 and financial technology, the firm said in a. Startups will also receive mentorship and support from MoonPay and its hundreds of crypto industry partners. MoonPay Ventures has already invested in portfolio companies including BCB Group, Brut, BeatClub, Absolute Labs, Create/OS, BridgeTower Capital,"As we continue building at MoonPay, we’re also committed to uplifting the standout players in our ecosystem so we can collectively work toward mass Web3 adoption," said MoonPay CEO Ivan Soto-Wright in a statement.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

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MoonPay launches investment arm MoonPay VenturesMoonPay Ventures will provide support for early-stage web3 and fintech firms.
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