MoonPay Integrates Revolut Pay for Instant Crypto Purchases in UK and EEA

MoonPay, a leading crypto payments platform, has announced a significant integration with Revolut Pay, a payment method offered by the major neobank Revolut. This integration allows for 1-click cryptocurrency purchases using Revolut Pay in the UK and the European Economic Area (EEA). The move is designed to provide a seamless way for users to transfer funds from their Revolut accounts directly into cryptocurrencies, simplifying the buying process and eliminating common challenges associated with debit and credit card transactions.

One of the key benefits of this integration is the ability to make instant crypto purchases directly via Revolut Pay without additional steps or the need to switch accounts. Users also gain access to a broader range of crypto options for trading, based on the range supported by MoonPay. Additionally, the integration includes smart checkout features that allow for repeat purchases, enhancing the user experience.

Another significant advantage is that users only need to complete Know Your Customer (KYC) verification on MoonPay once to access more than 500 partner apps and wallets. These partners include prominent names such as Zengo, Solflare, Uniswap, OpenSea, Bybit, and Sweat Wallet, among others. This integration not only expands the payment options for MoonPay's partners but also increases the total addressable market for these partners by reducing payment-related drop-offs and enabling a smooth checkout experience.

MoonPay's CEO and co-founder, Ivan Soto-Wright, highlighted the significance of this integration, stating that it allows millions of Revolut users to buy crypto using a payment method they already trust and use daily. This move is expected to foster long-term customer loyalty by enabling users to complete frequent transactions more easily.

Revolut Pay also comes with additional built-in security measures. Once a user chooses Revolut Pay at checkout, they will authorize the purchase in-app with a passcode or biometric ID. No other details are needed, but Revolut Pay’s advanced fraud monitoring may require users to confirm the transaction. This integration is part of MoonPay's broader strategy to expand its reach and enhance its services. The company has nearly 30 million customers and is fully licensed in the US, regulated in the UK, EU, Canada, and Australia.

In January of this year, MoonPay acquired blockchain payment processor and Solana-based platform Helio for $175 million. The crypto checkout app has served over 6,000 merchants and millions of users, processing more than $1.5 billion in transactions over three years. In March, MoonPay secured a Money Transmitter License (MTL) from the Wisconsin Department of Financial Institutions, allowing it to expand its operations in the state. Prior to that, in December 2024, it received approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation.