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❗️@MoonPay has secured a $200 million credit line from @Galaxyhq Despite achieving profitability and a 112% year-over-year net revenue in 2024, the company secured additional flexibility to address #liquidity demands. 👉 https://t.co/oSOw1uqLOc https://t.co/2oPgxCxqIV
🟣 study full moons 🟣 march: acquired @iron feb: launched MoonPay Balance (U.S.) jan: acquired @helio_pay dec: launched $rlusd with @Ripple nov: launched MoonPay Balance (EU) oct: launched @venmo partnership what will april’s full moon have in store?
There’s a handful of firms that seem to be coming out with significant announcements almost on a weekly basis and @moonpay is definitely one of them. The effects of the regulatory shift and sentiment change from the top on builders in the space is noticeable. https://t.co/FIs92n9Aun
MoonPay, a financial technology company specializing in cryptocurrency payments, has secured a $200 million revolving credit line from Galaxy Digital, a leader in the digital asset and blockchain sector. This funding aims to enhance MoonPay's liquidity and support its global expansion efforts, particularly in response to a 98% increase in daily transaction volumes following the recent election. The credit line will enable MoonPay to operate continuously and meet rising demand for its services. The company reported a 112% year-over-year net revenue increase in 2024, underscoring its growth trajectory in the evolving digital economy.
