MoonPay has unveiled the establishment of MoonPay Labs, an accelerator aimed at assisting pre-seed and seed-stage technical teams in the Web3 space through capital injection, product guidance, and strategies for sustainable growth.
Operating under a continuous model, MoonPay Labs plans to choose up to five promising startups each year to receive ongoing, tailored support, as noted in a recent announcement. The initiative is focused on technical teams innovating in high-growth areas of Web3 such as stablecoin technology, agentic frameworks, decentralized finance, SocialFi, and Web3 commerce.
“Our unique position in the ecosystem empowers us to pinpoint and accelerate valuable projects across emerging areas,” stated Abhay M, VP of Corporate Development and Investments. “MoonPay Labs is crafted to support these pioneering builders by offering customized, founder-focused assistance that provides them with a competitive advantage in establishing their companies,”
MoonGate chosen as the inaugural participant in MoonPay Labs
Startups selected for the accelerator will gain access to a structured market-entry strategy that encompasses user experience optimization workshops, guidance on token launch and listings, utilization of MoonPay’s development tools and product sandbox, and direct insights from the company’s developer community.
The first project to join MoonPay Labs is MoonGate, which aims to simplify the purchase of memecoins by enabling users to acquire them directly using credit and debit cards. This initiative strives to enhance the accessibility of memecoins for mainstream consumers.
In addition to initial funding, MoonPay Labs may provide follow-up investment opportunities as chosen teams grow, helping founders to minimize dilution prior to a Series A funding round.
MoonPay Labs is part of the company’s Corporate Development division, which also manages MoonPay Ventures—a venture capital branch that has backed over 30 Web3 startups since its inception in 2023.