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Exodus Expands Crypto Access to Venmo Users Through MoonPay Integration

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Exodus has announced the integration of Venmo as a payment method through its partnership with MoonPay, enabling over 60 million Venmo users to purchase cryptocurrency directly through the Exodus Mobile wallet app. The integration is now available for U.S. users, allowing them to buy Bitcoin and other cryptocurrencies by selecting Venmo as their preferred payment method via MoonPay's secure checkout interface.

This addition complements Exodus's existing payment options, including debit and credit cards, PayPal, Apple Pay, Google Pay, and bank transfers. The integration aims to make digital asset ownership more accessible and practical for everyday users by leveraging Venmo's widely trusted payment platform.

Exodus ha annunciato l'integrazione di Venmo come metodo di pagamento grazie alla sua partnership con MoonPay, consentendo a oltre 60 milioni di utenti Venmo di acquistare criptovalute direttamente tramite l'app wallet mobile di Exodus. L'integrazione è ora disponibile per gli utenti negli Stati Uniti, permettendo loro di acquistare Bitcoin e altre criptovalute selezionando Venmo come metodo di pagamento preferito attraverso l'interfaccia di pagamento sicura di MoonPay.

Questa aggiunta completa le opzioni di pagamento esistenti di Exodus, tra cui carte di debito e credito, PayPal, Apple Pay, Google Pay e bonifici bancari. L'integrazione mira a rendere la proprietà di asset digitali più accessibile e pratica per gli utenti quotidiani sfruttando la piattaforma di pagamento ampiamente affidabile di Venmo.

Exodus ha anunciado la integración de Venmo como método de pago a través de su asociación con MoonPay, permitiendo a más de 60 millones de usuarios de Venmo comprar criptomonedas directamente a través de la aplicación de billetera móvil de Exodus. La integración ya está disponible para los usuarios en EE. UU., lo que les permite comprar Bitcoin y otras criptomonedas seleccionando Venmo como su método de pago preferido a través de la interfaz de pago segura de MoonPay.

Esta adición complementa las opciones de pago existentes de Exodus, que incluyen tarjetas de débito y crédito, PayPal, Apple Pay, Google Pay y transferencias bancarias. La integración tiene como objetivo hacer que la propiedad de activos digitales sea más accesible y práctica para los usuarios cotidianos aprovechando la plataforma de pago de Venmo, que es ampliamente confiable.

엑소더스문페이와의 파트너십을 통해 벤모를 결제 수단으로 통합한다고 발표했습니다. 이를 통해 6천만 이상의 벤모 사용자들이 엑소더스 모바일 지갑 앱을 통해 직접 암호화폐를 구매할 수 있게 됩니다. 이 통합은 미국 사용자에게 제공되며, 그들은 문페이의 안전한 체크아웃 인터페이스를 통해 벤모를 선호하는 결제 수단으로 선택하여 비트코인 및 기타 암호화폐를 구매할 수 있습니다.

이 추가 기능은 엑소더스의 기존 결제 옵션인 직불 카드 및 신용 카드, 페이팔, 애플 페이, 구글 페이, 은행 송금을 보완합니다. 이 통합은 벤모의 널리 신뢰받는 결제 플랫폼을 활용하여 일상적인 사용자에게 디지털 자산 소유를 더 접근 가능하고 실용적으로 만드는 것을 목표로 하고 있습니다.

Exodus a annoncé l'intégration de Venmo comme méthode de paiement grâce à son partenariat avec MoonPay, permettant à plus de 60 millions d'utilisateurs de Venmo d'acheter des cryptomonnaies directement via l'application de portefeuille mobile d'Exodus. L'intégration est désormais disponible pour les utilisateurs américains, leur permettant d'acheter des Bitcoin et d'autres cryptomonnaies en sélectionnant Venmo comme méthode de paiement préférée via l'interface de paiement sécurisée de MoonPay.

Cette addition complète les options de paiement existantes d'Exodus, y compris les cartes de débit et de crédit, PayPal, Apple Pay, Google Pay et les virements bancaires. L'intégration vise à rendre la possession d'actifs numériques plus accessible et pratique pour les utilisateurs quotidiens en tirant parti de la plateforme de paiement largement fiable de Venmo.

Exodus hat die Integration von Venmo als Zahlungsmethode durch eine Partnerschaft mit MoonPay angekündigt, wodurch über 60 Millionen Venmo-Nutzer Kryptowährungen direkt über die Exodus Mobile Wallet-App kaufen können. Die Integration ist jetzt für US-Nutzer verfügbar, die Bitcoin und andere Kryptowährungen kaufen können, indem sie Venmo als bevorzugte Zahlungsmethode über die sichere Checkout-Oberfläche von MoonPay auswählen.

Diese Ergänzung vervollständigt die bestehenden Zahlungsmethoden von Exodus, darunter Debit- und Kreditkarten, PayPal, Apple Pay, Google Pay und Banküberweisungen. Die Integration zielt darauf ab, den Besitz digitaler Vermögenswerte für alltägliche Nutzer zugänglicher und praktischer zu machen, indem die weit verbreitet vertrauenswürdige Zahlungsplattform von Venmo genutzt wird.

Positive
  • Integration with Venmo expands potential user base by 60 million monthly active users
  • Diversification of payment methods enhances accessibility and user convenience
  • Strategic partnership with MoonPay strengthens payment infrastructure
Negative
  • None.

Insights

The integration of Venmo payments through MoonPay represents a strategic coup for Exodus, potentially transforming its market position in the competitive crypto wallet space. By tapping into Venmo's 60 million monthly active users, Exodus gains a significant advantage in user acquisition and engagement, particularly among the millennial and Gen Z demographics who predominantly use Venmo.

The business implications are multifaceted: First, this integration significantly reduces friction in the crypto onboarding process. Traditional barriers to crypto adoption often include complex KYC procedures and unfamiliar payment methods. By leveraging Venmo's trusted platform and existing user verification, Exodus streamlines this process, potentially reducing customer acquisition costs while increasing conversion rates.

From a competitive standpoint, this integration positions Exodus uniquely in the market. While many crypto wallets offer basic payment options, the Venmo integration provides a familiar, trusted payment rail that competitors currently don't match. This creates a meaningful differentiation in the U.S. market, where Venmo has particularly strong brand recognition and user trust.

The timing is particularly strategic given the current market dynamics. As traditional financial institutions increasingly embrace crypto services, this integration helps Exodus bridge the gap between conventional financial services and crypto, potentially capturing users who might otherwise gravitate toward bank-offered crypto solutions.

However, there are several key considerations to monitor: First, the revenue sharing structure between Exodus, MoonPay, and Venmo will impact profitability per transaction. Second, while the integration reduces friction, success will depend on effective marketing to Venmo's user base and competitive fee structures. Third, regulatory scrutiny of crypto payment rails could affect the long-term viability of this channel.

Over 60 million Venmo users can now directly purchase crypto on Exodus via MoonPay

OMAHA, Neb., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Exodus, a leading self-custodial crypto wallet provider, today announced the integration of Venmo as a payment method through its partnership with MoonPay, a global payments infrastructure provider. This integration empowers Venmo's more than 60 million monthly active users to buy cryptocurrency through their Venmo accounts via the Exodus Mobile wallet app.

Now available for users in the U.S., Bitcoin and crypto purchases can be made immediately through a simple process in the Exodus app by selecting Venmo as the preferred payment method through MoonPay's secure checkout interface. Offering greater payment flexibility and choice, the integration makes digital asset ownership practical and more accessible for everyday users.

This new feature adds to the existing array of payment options available on Exodus such as debit and credit card, as well as PayPal, Apple Pay, Google Pay, and bank transfers.

"By integrating Venmo through MoonPay, we're making cryptocurrency more accessible to tens of millions of Americans who already know, trust, and use Venmo for their daily transactions. This partnership represents another step in our mission to empower individuals in the digital economy," said Kevin Wood, Director of Revenue Operations at Exodus.

"MoonPay is thrilled to bring Venmo as a payment method to Exodus’s millions of users,” said Ivan Soto-Wright, CEO and co-founder of MoonPay. “Venmo revolutionized online payments, and now Exodus users can leverage that same ease when buying crypto. This integration enhances accessibility, providing a fast, familiar, and frictionless way for users to fund their wallets directly from Venmo."

About Exodus
Exodus empowers individuals to take control of their lives in a digital world with secure, user-friendly crypto software. Since 2015, Exodus has made digital assets accessible through self-custodial wallets that put users in full control of their funds, enabling seamless swaps, buys, and sells. For businesses, Exodus offers Passkeys Wallet and XO Swap, leading solutions for embedded crypto wallets and swap aggregation. Committed to accessible and secure finance, Exodus is shaping the future of digital ownership. Learn more at exodus.com or follow us on X at x.com/exodus.

About MoonPay
MoonPay creates a world where you own your digital future, giving you control of your identity, money, property and data. Our end-to-end solutions simplify access to payments and experiences for 20M+ people across 180+ countries. As a leading financial technology company with crypto expertise, MoonPay is trusted by iconic global brands to power creation and movement of digital value. Learn more at moonpay.com or follow them on X at x.com/moonpay.

Investor Contact
investors@exodus.com


FAQ

How can Venmo users buy crypto through Exodus wallet after the February 2025 integration?

Venmo users can buy crypto through the Exodus Mobile wallet app by selecting Venmo as their payment method through MoonPay's secure checkout interface.

What payment methods are available on Exodus wallet besides Venmo?

Exodus supports debit and credit cards, PayPal, Apple Pay, Google Pay, bank transfers, and now Venmo through MoonPay integration.

How many potential new users can access Exodus through the Venmo integration?

The Venmo integration gives over 60 million monthly active Venmo users access to buying crypto through Exodus.

Is the Exodus-Venmo integration available internationally?

No, the Venmo integration is currently only available for Exodus users in the United States.

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