Saturday, November 29, 2025
11.4 C
London

MoonPay Secures $200 Million Revolving Credit Line from Galaxy

A Strategic Financial Move to Amplify Crypto Payment Solutions

Highlights:

  • MoonPay has secured a $200 million revolving credit line from Galaxy Digital.
  • This funding aims to enhance MoonPay’s crypto payment services and expand its market reach.
  • The deal underscores growing confidence in the cryptocurrency sector and MoonPay’s strategic positioning.

MoonPay has successfully obtained a substantial $200 million revolving credit line from Galaxy Digital, which is poised to bolster its capabilities in the crypto payments landscape. This financial backing not only enhances MoonPay’s operational capacity but also signals a positive outlook on the cryptocurrency market. As the demand for innovative payment solutions grows, MoonPay’s strengthened financial position will support its mission to improve and broaden its services for users in the crypto ecosystem.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

Airwallex: Your Global Business Account

Airwallex: A global business account, built for the modern...

CME Group Faces Extended Outage Impacting Trading Operations

A deep dive into the hours-long disruption faced by...

Vodacom M-Pesa Expands Cross-Border Payment Options in Tanzania

New features enable seamless international transactions for users. Highlights: Vodacom...

EU Regulator Criticizes Commission for Rushing Sustainable Transparency Proposal

Striking a balance between sustainability initiatives and regulatory precision. Highlights:...

New EU Payment Services Regulation: Key Changes and Impacts

Understanding the recently agreed changes in EU payment regulations. Highlights:...

U.S. Bank Trials Stablecoin Issuance on Stellar Blockchain

Exploring new dimensions in digital currency and payment solutions. Highlights:...

CBA Hires Lloyds’ Chief Data Officer to Enhance AI Leadership

A strategic move to bolster AI capabilities in the...

AI Agents Transform Cash Management: Insights from BIS Research

Exploring how artificial intelligence enhances cash management efficiency. Highlights: AI...

Visa Partners with AquaNow for Stablecoin Settlement in CEMEA Region

Transforming cross-border transactions through stablecoin innovation. Highlights: Visa collaborates with...
spot_img

Related Articles

Popular Categories

spot_imgspot_img