Fintech

Crypto payments firm MoonPay valued at $3.4bn after Coatue and Tiger injection

CEO Ivan Soto-Wright says firm is seeking e-money licences globally, plans to be carbon neutral by 2030

Victor Faramond and Ivan Soto-Wright, co-founders of MoonPay
Victor Faramond and Ivan Soto-Wright, co-founders of MoonPay

Crypto payments startup MoonPay has been valued at $3.4bn in its first time seeking outside equity funding, as part of a $555m round led by hedge fund Coatue and Tiger Global.

Other investors included London venture capital firm Blossom Capital, NEA and Thrive. Paradigm, a $2.5bn crypto fund launched this month by Coinbase co-founder Fred Ehrsam, also took part.

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