London cryptocurrency platform invests in partnership with European asset services firm

A London payments solution firm has announced that it has invested in acquiring a stake in a European digital asset services provider.

MoonPay, which offers a global payments solution for cryptocurrency, has acquired a stake in BCB Group, a provider of business accounts and trading services for the digital asset economy.

The deal will see the businesses work together to expand their offerings worldwide, as well as offering their respective services to an increased client base.

The investment boosts MoonPay from client of BCB Group to strategic partner.

Ivan Soto-Wright, CEO and founder of MoonPay, commented: “BCB Group’s holistic payment and banking solutions align perfectly with our vision to level the financial playing field and continue developing the tools powering the new digital age.

“We are looking forward to working closely alongside the BCB team as they continue their impressive growth and together work to build an inclusive and efficient crypto-economy.”

Oliver von Landsberg-Sadie, group founder and CEO of BCB, said: “We are delighted to have received MoonPay’s support at this vital stage of our growth journey.

“MoonPay’s market-leading expertise and insight will be invaluable as we continue to transform crypto payment services.”