African cryptocurrency exchange VALR and crypto payments company MoonPay have joined forces to expand cryptocurrency access across more than 180 countries. The partnership integrates MoonPay's payment infrastructure directly into VALR's platform, streamlining how users convert between traditional currencies and digital assets. Customers can now buy and sell cryptocurrencies through multiple payment methods and a wide array of fiat currencies.
VALR Partners with MoonPay
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Bringing Crypto to Over 180 Countries
The integration now supports 34 fiat currencies, covering the Kenyan Shilling, Nigerian Naira, Indonesian Rupiah, Turkish Lira, Brazilian Real, and Taiwan Dollar among others. Users can fund transactions through credit and debit cards, Apple Pay, Google Pay, PayPal, and Venmo. This variety of payment options lowers the entry barrier for anyone looking to trade Bitcoin, stablecoins, and other digital currencies.
VALR's Growth and Global Reach
Since its 2018 launch in Johannesburg, VALR has built a user base exceeding 1.3 million individuals and serves more than 1,300 corporate and institutional clients. The platform provides spot trading, futures contracts, staking, lending, over-the-counter trading, and business tools like VALR Pay alongside a high-performance API.
South Africa's Financial Sector Conduct Authority licenses VALR, which also holds regulatory approvals in Europe and initial authorization from Dubai's Virtual Assets Regulatory Authority. The exchange has secured $55 million in funding from investors including Pantera Capital, Fidelity's F-Prime, and Coinbase Ventures.
VALR Partners with MoonPay
Statements from Leadership
Farzam Ehsani, CEO of VALR, emphasized that the MoonPay integration expands platform accessibility for users worldwide. He described the move as aligned with VALR's mission to create a financial system that reflects humanity's interconnectedness through simplified cryptocurrency access.
Ivan Soto-Wright, CEO of MoonPay, said the partnership advances their shared objective of enabling broader participation in the digital economy powered by cryptocurrencies. He highlighted MoonPay's focus on expanding access to stablecoins and digital assets, particularly across Africa and emerging markets.
VALR Partners with MoonPay
Final Thoughts
The VALR-MoonPay partnership represents a significant step toward wider cryptocurrency adoption globally. By linking VALR's trading infrastructure with MoonPay's payment network, the collaboration simplifies the conversion process between fiat and digital currencies in both directions.
This integration supports the vision of building a more inclusive financial ecosystem accessible to users across Africa and beyond. The partnership also reflects broader industry momentum toward improving user experience and expanding cryptocurrency's practical utility in daily transactions.
