🔥 American crypto-fintech MoonPay conquers London🇬🇧

🔥 American crypto-fintech MoonPay conquers London🇬🇧

Yes, it's true. British scientists often highlight the high "talent density" per square meter in London, and this density is off the charts. Recognizing this, the CEOs of MoonPay are opening an office in London, planning to hire local staff for technical support and engineering tasks.

➡️ But it's not just about the talent. Hiring locals will make it easier for MoonPay to obtain a UK electronic money license. This license would allow MoonPay to provide fiat currency account services without needing an intermediary.

➡️ The UK is the second-largest market for MoonPay after the US🇺🇸. And in general, it confidently leads the open banking market.

➡️ Context: Over the last 6 years, 30% of all venture capital in England has been directed towards fintech—totaling more than $40 billion. London, a globally renowned financial services hub, is at the epicenter of innovation in this sector. It is home to the “Big Four” accounting firms, global investment banks, and hedge funds.

So, the folks at MoonPay are definitely on the right track.

#news #Europe #crypto

Alanbase - software for creating partnerships. In one window: partners, offers, analytics, and payments 👉🏻 trial