{"id":351618,"date":"2021-10-12T11:12:53","date_gmt":"2021-10-12T08:12:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-fintech-moonpay-reportedly-aims-for-3-4b-valuation-in-first-vc-funding\/"},"modified":"2021-10-12T11:12:53","modified_gmt":"2021-10-12T08:12:53","slug":"crypto-fintech-moonpay-reportedly-aims-for-3-4b-valuation-in-first-vc-funding","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-fintech-moonpay-reportedly-aims-for-3-4b-valuation-in-first-vc-funding\/","title":{"rendered":"# Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding"},"content":{"rendered":"<p>&#8220;<strong># Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvMzhiZWMzNWUtNTNhOS00MTM4LTkzM2YtNGIwYzk5NTlhMDZiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting its first round of venture capital funding.\u00a0<\/p>\n<p>The VC funding for the crypto payments startup is being co-led by Tiger Global Management and Coatue Management and will inject funds worth $400 million into the bootstr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed company. MoonPay platform allows the purchase and sale of cryptocurrencies and digital assets using mainstream payment methods such as debit and credit card and local bank transfers.<\/p>\n<p>While the funding information is not officially announced, a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.theinformation.com\/articles\/crypto-startup-moonpay-valued-at-3-4-billion-in-first-vc-funding\">report<\/a> from The Information suggests that \u201ctwo people familiar with the matter\u201d have confirmed the development. Once confirmed, Moonpay will represent a small demographic of crypto-related startups to reach unicorn-level valuation within three years.<\/p>\n<p>Tiger Global and Coatue Management have partnered previously to fund numerous mid-sized blockchain, decentralized finance (DeFi) and crypto startups. Their latest investment was the $24 million funding for CertiK, a blockchain security firm.<\/p>\n<p>Moonpay did not im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely respond to a request for comment.<\/p>\n<p><strong>Related: <\/strong><strong><em>10% of early-stage startups working on blockchain: GSER 2021<\/em><\/strong><\/p>\n<p>A Cointelegraph report from Sept. 22 shows a growing trend in blockchain and crypto investments as VCs prioritize emerging <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>. <\/p>\n<p>Additionally, data from Global Startup Ecosystem Report 2021 suggests that the blockchain industry has witnessed a 121% growth over the last five years, making it the second-fastest-growing sub-sector in terms of early-stage funding after the advanced manufacturing and robotics industry. <\/p>\n<p>Moreover, crypto firms have received more funding in the first quarter of 2021 than the whole of 2020. Talking on a related subject with Cointelegraph, Jehan Chu, founder of Hong Kong-based VC investment firm Kenetic said that \u201cNothing is more compelling than peer pressure from the likes of Michael Saylor, Elon Musk and the stampede of institutional money charging into the market. VCs must have a position or a view on crypto, or risk missing the biggest market opportunity in a generation.\u201d<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-fintech-moonpay-reportedly-aims-for-3-4b-valuation-in-first-vc-funding\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Crypto fintech Moonpay reportedly aims for $3.4B valuation in first VC funding &#8221; Moonpay, a fintech startup dedicated to building crypto payments infrastructure, is reportedly expected to reach a valuation of $3.4 billion after conducting its first round of venture capital funding.\u00a0 The VC funding for the crypto payments startup is being co-led by&#8230;<\/p>\n","protected":false},"author":1,"featured_media":351619,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTAvMzhiZWMzNWUtNTNhOS00MTM4LTkzM2YtNGIwYzk5NTlhMDZiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,75582,75719,74355,117,73711,70917,71745],"class_list":["post-351618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-fiat-money","tag-funding","tag-adoption","tag-business","tag-investments","tag-startups","tag-venture-capital"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/351618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=351618"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/351618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/351619"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=351618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=351618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=351618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}