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MoonPay Joins Forces with Onramper to Expand Global Reach

source-logo  blockster.com 09 February 2024 19:16, UTC

Today, MoonPay and Onramper have joined forces to expand access to cryptocurrencies worldwide.

MoonPay, a prominent Web3 infrastructure company, announced its strategic investment in Onramper, the leading fiat-to-crypto payments aggregator. This collaboration is set to offer MoonPay's clients a comprehensive solution to optimize conversion rates across various regions.

Onramper's API, renowned for its versatility, encompasses over 130 payment methods in 120 fiat currencies, streamlining the process with a low-code integration. Notably, its analytics feature empowers clients to evaluate their onramp stack's performance through a unified dashboard.

"We have been highly impressed with Onramper’s product execution and see strong go-to-market synergies," said Abhay M, Head of MoonPay Ventures.
"This partnership allows us to provide the best possible experience for our clients with no trade-offs across geographies, payment methods, or local currencies."

Abhay M, Head of MoonPay Ventures
"We're very excited to further strengthen our partnership with MoonPay,” said Thijs Maas, CEO & Co-founder of Onramper. "The synergies created will help accelerate our mission of providing low-friction fiat on-ramp and off-ramp infrastructure globally without compromising on objectivity and user-focus."

MoonPay, known for its commitment to unlocking access to next-generation transactions and digital ownership, serves over 500 partners across 160+ countries. Meanwhile, Onramper provides a turnkey API-based solution for dynamically routing fiat-to-crypto onramp flows, enabling users to buy over 2000 digital assets in over 190 countries.

This partnership solves for what is known as the On-Ramp Trilemma, providing partners with geographical coverage, payment method diversity and global licensing. Together, MoonPay and Onramper are setting a new standard for global crypto accessibility.

To learn more about MoonPay, visit www.moonpay.com.