VALR, Africa’s cryptocurrency exchange, has joined forces with MoonPay, a leading global crypto payments provider, to simplify fiat-to-crypto transactions for users across more than 180 countries. Fiat-to-crypto is the process of converting cash into cryptocurrency.
The partnership, announced on Tuesday, enables VALR to accept payments in fiat, currencies such as the Kenyan Shilling (KES), Nigerian Naira (NGN), Indonesian Rupiah (IDR), Turkish Lira (TRY), Brazilian Real (BRL), and Taiwan Dollar (TWD). Customers can pay using credit and debit cards, Apple Pay, Google Pay, PayPal, Venmo, and other popular options.
VALR and MoonPay share a common vision
The exchange aims to promote a more inclusive financial ecosystem by enabling its users, of over 1.3 million and 1,300 institutional clients, to have easier access to Bitcoin, stablecoins, and other digital assets
Meanwhile, the collaboration also aligns with both companies’ shared vision of driving cryptocurrency accessibility worldwide.
RelatedPosts
Farzam Ehsani, Co-Founder and CEO of VALR, emphasised the significance of the integration: “We are thrilled to partner with MoonPay to enhance our platform’s accessibility for users worldwide. 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.”
MoonPay’s CEO, Ivan Soto-Wright, echoed this sentiment, noting the transformative potential of crypto: “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. 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.”
The road ahead for crypto accessibility
As cryptocurrency adoption grows, these partnerships are critical in bridging the gap between traditional finance and decentralised systems.
By supporting a diverse range of fiat currencies and payment methods, the two companies are dismantling barriers to entry, particularly in regions with volatile currencies or limited banking access.
The two firm regulatory compliance and scalable solutions position them as key players in shaping the future of global finance.
For millions of users, this integration means faster, cheaper, and more reliable access to the crypto economy—a milestone in the journey toward universal financial inclusion.
About VALR and MoonPay
VALR, as a South Africa-based company, has rapidly expanded its offerings to include spot trading, futures, staking, lending, over-the-counter (OTC) trading, and VALR Pay, alongside a robust API for institutional traders.
The exchange is regulated by South Africa’s Financial Sector Conduct Authority (FSCA) and holds approvals in Europe and Dubai’s Virtual Assets Regulatory Authority (VARA).
The company has also secured $55 million in funding from prominent investors like Pantera Capital, Coinbase Ventures, and Fidelity’s F-Prime.
On the other hand, MoonPay has over 30 million users worldwide, complementing VALR’s infrastructure by providing seamless fiat-to-crypto gateways.
The collaboration ensures that users in emerging markets, where traditional banking systems often lag, can seamlessly transition into the digital economy.