New updates have been reported about MoonPay (PC:MOOPX)
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MoonPay has significantly strengthened its collaboration with Zengo Wallet by becoming the exclusive payment provider for Zengo’s Buy and Sell Crypto features. This partnership allows Zengo users to fund their wallets using a variety of payment methods, including Apple Pay, Google Pay, PayPal, and Venmo, enhancing the user experience and accessibility. MoonPay’s CEO, Ivan Soto Wright, emphasized the synergy between MoonPay’s global payments infrastructure and Zengo’s security-first approach, aiming to make digital asset ownership more straightforward and secure for users worldwide.
In addition to the expanded payment capabilities, MoonPay Ventures, the company’s investment arm, has made a strategic investment in Zengo. This move is designed to support Zengo’s global growth and upcoming product launches, reflecting a shared vision for the future of secure and effortless self-custody in the crypto space. Zengo, known for its advanced security features and user-friendly design, stands out in the market with its MPC-based keyless recovery and broad asset support. The partnership and investment highlight MoonPay’s commitment to driving mainstream crypto adoption by leveraging its robust infrastructure and strategic alliances.