MoonPay scores $3.4 billion valuation as the PayPal for crypto reportedly plans hiring spree
markets.businessinsider.comMoonPay
MoonPay, the self-described PayPal for crypto, raised more than half a billion dollars in an effort to beef up its staff.
The Miami-based company said in a press release that it raised $555 million in a funding round led by Tiger Global Management and Coatue. The equity injection gave the company a $3.4 billion valuation and the power to add hundreds more jobs.
The company plans to hire 200 people — more than doubling its current staff of 130, Bloomberg reported, citing MoonPay Chief Executive Officer Ivan Soto-Wright. The jobs, including customer support and compliance roles, will be based in the Miami headquarters as well as around the world, Bloomberg said.
«As we enter 2022, our aim is to continue this exceptional growth so that we
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