Crypto startup MoonPay has closed a $555 million Series A financing round, bringing its post-money valuation to $3.4 billion. This equity-only round, led by Tiger Global Management and Coatue, with participation from Blossom Capital, Thrive Capital, Paradigm, and NEA.

MoonPay is a financial technology company that builds payments infrastructure for crypto. The firm's on-and-off-ramp suite of products provides a seamless experience for converting between fiat currencies and cryptocurrencies using all major payment methods including debit and credit card, local bank transfers, Apple Pay, Google Pay, and Samsung Pay.