MoonPay has recently announced a significant enhancement of its partnership with Zengo Wallet, a leading self-custodial cryptocurrency wallet. This collaboration aims to improve wallet usability, broaden payment access, and accelerate product development within Zengo’s ecosystem. As part of this expanded partnership, MoonPay has secured exclusivity as the payment provider for Zengo’s Buy and Sell features, enabling users to fund their wallets through various familiar payment methods, including credit cards, bank transfers, Apple Pay, Google Pay, PayPal, and Venmo.
Zengo Pro subscribers will benefit from additional features, such as reduced fees, advanced tools, and greater insights into their transactions. MoonPay’s CEO, Ivan Soto Wright, emphasized the importance of this partnership, stating that it combines Zengo’s commitment to security with MoonPay’s robust global payments infrastructure. The goal is to simplify and secure digital asset ownership for users worldwide.
In conjunction with the partnership, MoonPay Ventures, the investment arm of MoonPay focused on fostering Web3 adoption, has made a strategic investment in Zengo to aid its international growth and forthcoming product launches. Ouriel Ohayon, co-founder and CEO of Zengo, remarked that this collaboration highlights both companies’ shared vision that the future of self-custody should be secure and user-friendly.
Zengo Wallet is recognized for its multi-party computation (MPC)-based keyless recovery system, a strong security model, seamless Web3 connectivity, and extensive asset support. With millions of users across the globe, Zengo distinguishes itself by combining advanced security measures with an intuitive user experience.
MoonPay aims to revolutionize access to cryptocurrency transactions by enabling users to buy, sell, and manage digital assets using day-to-day payment methods. Catering to both individuals new to digital finance and businesses exploring innovative applications, MoonPay offers a trusted infrastructure designed to facilitate safe and seamless onboarding into the blockchain ecosystem. With a customer base of 30 million and partnerships with nearly 500 companies, MoonPay plays a crucial role in mainstream crypto adoption.
Zengo Wallet claims to be the most secure self-custodial wallet, trusted by over 2 million users in more than 180 countries. Since its inception in 2018, no Zengo wallet has encountered a hacking incident. The Zengo Pro version includes advanced features like Bitcoin Vaults, liquidity options, and discounted fees. The platform’s MPC cryptography eliminates seed phrase vulnerabilities, making it a preferred choice for both individuals and businesses.
For further information, individuals are encouraged to explore the websites of MoonPay and Zengo.
