MONI/BitGift® Signs Partnership With MoonPay to Provide Visa Debit Card, Onramp and Offramp Services to BitGift
13 Februar 2023 - 3:35PM
InvestorsHub NewsWire
DELRAY BEACH, FL -- February 13, 2023 -- InvestorsHub
NewsWire -- Moon Equity Holdings Corp. (OTC
symbol MONI) announces its wholly owned subsidiary, BitGift®,
has signed a Partnership Agreement with MoonPay. Through the
partnership, BitGift® will now be able to provide its customers the
use of Visa Debit Cards, as well as Onramp and Offramp services.
BitGift®, being MONI’s flagship product, will now offer a
long-awaited complete set of features. Existing BitGift® users have
already been able to open a cryptocurrency wallet to buy, store,
send, or receive a crypto gift; now, with the help of MoonPay,
BitGift® users will be able to sell their crypto, convert their
crypto into cash, and send/transfer funds to a bank account of
their choice.
https://www.moonpay.com/
This new partnership with MoonPay comes with great quality and
magnitude. In November 2021, MoonPay completed a round of Series A
funding in the amount of $555 million. This brought the valuation
of MoonPay to $3.4 billion, which in turn placed MoonPay as the
largest and highest-valued Series A for any bootstrapped crypto
company having over five million customers.
https://www.moonpay.com/about-us
MoonPay ensures that compliance will never be an issue as it
provides top notch KYC and onboarding services. Instant
verifications and extensive tests were completed to allow the
elimination of common drop-off points. A data sync and pass-through
feature is used to ensure that users will never verify their
identity twice. MoonPay will cover the costs and time dealing with
chargebacks. This takes the risk out of cryptocurrency payment
solutions. MoonPay has battle-tested their widget and APIs in
hundreds of integrations so connecting to the crypto economy can be
done in minutes. BitGift® has passed the necessary testing to be
able to integrate with MoonPay. Once the integration is complete,
BitGift® will be able to provide its users with a fully-complete
Onramp and Offramp system.
https://www.moonpay.com/business/onramps
MoonPay provides a simple and secure system that is built to
convert crypto by enabling users to seamlessly buy and sell crypto.
MoonPay has global coverage that supports customers in over 160
countries while also supporting over 80 cryptocurrencies, over 30
fiat currencies, and over 250 partner integrations. MoonPay uses
the highest standards of global regulatory compliance and
licensing. MoonPay provides extensive fiat support by accepting all
major payment methods, including Visa, Mastercard, Apple Pay,
Google Pay, SEPA, Faster Payments, Wire Transfers, Open Banking and
ACH. This variety will be a significant enhancement for
BitGift®.
We expect to complete MoonPay’s system integration into the
backend of BitGift’s platform within the coming weeks or sooner.
This integration will allow BitGift® to provide a complete set of
Onramp and Offramp services for its users, while also continuing to
provide a trusted and secure platform for buying, selling, sending,
and receiving a BitGift®.
MONI is in final negotiations to acquire 100% of a company
through non-dilutive measures. The company is generating strong
revenues and has audited financials. This acquisition will trigger
a change in control with new management. More details will be
provided upon closure of the acquisition soon.
About Moon Equity Holdings Corp.
Moon Equity Holdings Corp. was initially created with the focus
on acquiring companies in Fintech. MONI recently acquired the
BitGift® platform, which is focused on Crypto, Blockchain
Technology and DeFi (Decentralized Finance). Our goal is to offer
our services and products globally to capture total market share
and increase our company stock value for our
Shareholders.
Safe Harbor Statement
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E and or 27E of the Securities Exchange Act of 1934
that are based upon assumptions that in the future may prove not to
have been accurate and are subject to significant risks and
uncertainties, including statements as to the future performance of
the company and the risks and uncertainties detailed from time to
time in reports filed by the company with the Securities and
Exchange Commission.
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including information about management's view of Moon Equity
Holdings Corps. future expectations, plans and prospects. In
particular, when used in the preceding discussion, the words
"believes," "expects," "intends," "plans," "anticipates," or "may,"
and similar conditional expressions are intended to identify
forward-looking statements. Any statements made in this news
release other than those of historical fact, about an action, event
or development, are forward-looking statements. These statements
involve known and unknown risks, uncertainties and other factors,
which may cause the results of Moon Equity Holdings Corps
subsidiaries and concepts to be materially different than those
expressed or implied in such statements. Unknown or unpredictable
factors also could have material adverse effects on future results
of Moon Equity Holdings Corp. The forward-looking statements
included in this press release are made only as of the date hereof.
Moon Equity Holdings Corp. cannot guarantee future results, levels
of activity, performance or achievements. Accordingly, you should
not place undue reliance on these forward-looking statements.
Finally, Moon Equity Holdings Corp. undertakes no obligation to
update these statements after the date of this release, except as
required by law, and also takes no obligation to update or correct
information prepared by third parties that are not paid for by Moon
Equity Holdings Corp.
Contact us at:
Info@moonequityholdings.com
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