Key Takeaways
- Exodus has integrated Venmo as a payment method, allowing over 60 million users to purchase crypto directly through the Exodus Mobile wallet app.
- This integration expands Exodus’s payment options and enhances crypto accessibility for Venmo users.
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Self-custody crypto wallet Exodus has integrated Venmo as a payment method through its partnership with MoonPay. The move opens the door for over 60 million monthly active Venmo users to seamlessly purchase digital assets directly through the Exodus Mobile wallet app.
According to Exodus, US customers can now buy crypto assets using their Venmo accounts via MoonPay’s secure checkout interface within the Exodus app.
The integration leverages the familiarity and ease of use of the Venmo platform, a popular peer-to-peer payment app owned by PayPal. It complements Exodus’s existing suite of payment options, which includes debit and credit cards, 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.
The partnership comes as the crypto industry seeks to broaden its appeal beyond early adopters. By simplifying the on-ramp process, Exodus and MoonPay hope to attract a wider audience to digital asset ownership. The integration positions Exodus to tap into a large and engaged user base.
Ivan Soto-Wright, CEO and co-founder of MoonPay, said:
“MoonPay is thrilled to bring Venmo as a payment method to Exodus’s millions of users. 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.”
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