MoonPay Ramps Up UK Operations With Hiring Spree

IconCryptoNewsTerminal Staff11 Jul, 2024

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MoonPay Ramps Up UK Operations With Hiring Spree

MoonPay, a leading cryptocurrency payment provider, is ramping up its operations in the United Kingdom with a significant hiring spree. The company plans to add over 20 new employees to its UK team, focusing primarily on engineering and compliance roles. MoonPay's expansion in the UK is part of its broader growth strategy. The company currently has around 80 employees based in the UK and is in the process of applying for an e-money license in the country. The new hires will help MoonPay expand its product offerings and enhance its compliance capabilities in the UK. "The UK is a key market for MoonPay, and we are committed to growing our presence here," said MoonPay CEO Ivan Soto-Wright. "We are excited to add talented engineers and compliance professionals to our team as we continue to expand our services and meet the growing demand for cryptocurrency payments." MoonPay's hiring spree is a testament to the growing popularity of cryptocurrency payments. The company has processed over $2 billion in transactions since its inception in 2019 and has partnered with major companies such as Binance, FTX, and OpenSea.

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