VALR, Africa’s largest cryptocurrency exchange by trade volume, and MoonPay, the global leader in crypto payments, today announced their integration to streamline fiat on-and off-ramps for users in over 180 countries.
This partnership enables VALR to support 34 fiat currencies, including:
KES (Kenyan Shilling)
NGN (Nigerian Naira)
IDR (Indonesian Rupiah)
TRY (Turkish Lira)
BRL (Brazilian Real), and
TWD (Taiwan Dollar),
across payment methods such as Credit and Debit Cards, Apple Pay, Google Pay, PayPal, and Venmo.
The integration strengthens VALR’s mission to expand its global footprint and provide seamless access to cryptocurrencies like Bitcoin and stablecoins.
CRYPTO EXCHANGE | ‘We are Not Satisfied Being the Largest in Africa,’ Says VALR CEO as He Plots Global Expansion
The CEO disclosed that VALR has received approval to provide crypto asset services in Poland .
Additionally, the exchange has secured initial approval from… pic.twitter.com/p4GCyq9u24
— BitKE (@BitcoinKE) May 2, 2024
With a user base exceeding 1.3 million and over 1,300 corporate and institutional clients, VALR continues to lead the development of a more inclusive global financial system.
“We are thrilled to partner with MoonPay to enhance our platform’s accessibility for users worldwide,” said Farzam Ehsani, Co-Founder and CEO of VALR.
“This integration empowers our global community with efficient access to cryptocurrencies, aligning with VALR’s vision of building a financial system that reflects the oneness of humanity.”
MILESTONE | South African Leading Crypto Exchange, VALR, Doubles User Base in 2024 Surpassing 1 Million Users
VALR has added 500,000 users to its platform in 2024 alone with 1 in 4 users coming from outside South Africahttps://t.co/kwP7kvgAbf @VALRdotcom @farzamehsani pic.twitter.com/86qI1eMQde
— BitKE (@BitcoinKE) November 14, 2024
“We believe the future of money is crypto, and our goal is to make it easy for everyone to participate in this new digital economy,” said Ivan Soto-Wright, Co-Founder and CEO at MoonPay.
“Partnering with VALR to broaden access to stablecoins and other tokens is an exciting step toward our shared mission of global crypto adoption, empowering users in Africa and beyond to hold value on-chain.”
Founded in 2018 and headquartered in Johannesburg, VALR offers a comprehensive suite of crypto services, including Spot Trading, Futures, Staking, Lending, OTC Trading, VALR Pay, and a world-class API for businesses to build on and high-frequency traders. Licensed by South Africa’s FSCA, with regulatory approvals in Europe and initial approval from Dubai’s VARA, VALR has raised $55 million from investors such as Pantera Capital, Fidelity’s F-Prime, and Coinbase Ventures.
REGULATION | South African Crypto Exchange, VALR, Makes Critical Step Towards Global Expansion Following Dubai Regulatory Approval
VARA is the sole authority regulating virtual assets across Dubai’s free zones and mainland, except within the jurisdiction of Dubai… pic.twitter.com/7NtN9mRbq9
— BitKE (@BitcoinKE) October 4, 2023
MoonPay, trusted by over 30 million users, provides end-to-end solutions to simplify crypto access across 180+ countries.
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About VALR
VALR is Africa’s largest cryptocurrency exchange by trade volume, serving over 1.3 million users and 1,300 corporate clients. Founded in 2018, VALR offers products including Spot Trading, Futures, Staking, Lending, OTC Trading, VALR Pay, and a world-class API for businesses to build on and high-frequency traders. Headquartered in Johannesburg, VALR is licensed by the FSCA in South Africa, with approvals in Europe and initial approval from Dubai’s VARA. The company has raised $55 million from investors like Pantera Capital, Coinbase Ventures, and F-Prime. For more, visit valr.com.
About MoonPay
MoonPay creates a world where you own your digital future, giving you control of your identity, money, property, and data.
We are the market leader in end-to-end solutions simplifying access to the crypto economy for 30M+ verified accounts across 180+ countries, and trusted by iconic global brands to power the creation and movement of digital value.
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