UKRAINE - 2021/11/22: In this photo illustration, the MoonPay logo is seen on a smartphone. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)
MoonPay, a global crypto payments provider, today announced a partnership with Pump.fun, a Solana-based platform that allows users to instantly create and trade tokens. The collaboration introduces a streamlined purchasing experience, enabling users to buy crypto directly within the Pump.fun mobile app.
The partnership integrates MoonPay’s payment infrastructure, simplifying crypto acquisition by supporting methods such as credit and debit cards, bank transfers, Apple Pay, and Google Pay. Moonpay announced on X, “to celebrate our partnership with @pumpfun, we’re giving away $1,700 in SOL”. The post states 10 winners will be randomly selected and paid on November 6, 2025.
The integration aims to reduce the friction users typically face when moving funds onto the Solana ecosystem. “MoonPay believes creators and communities deserve direct access to crypto on their terms,” said Ivan Soto-Wright, Co-Founder and CEO of MoonPay. “Pump.fun has built one of the most exciting platforms in crypto and we are proud to power their onramp experience.”
The Pump.fun mobile app was launched in February 2025 for iOS and Android. It mirrors the web platform’s core features, allowing users to create, buy, sell, and track memecoins at no cost while managing portfolios. Akon Cohen, Co-Founder of Pump.fun, emphasized the value of the partnership. “MoonPay’s integration in the Pump.fun mobile app drastically reduces the friction users face when onramping onto Solana,” Cohen stated.
“With MoonPay’s support, our users unlock faster, smoother onramping which enables them to trade the coins they love without worrying about juggling external onboarding providers.” This collaboration follows Pump.fun’s recent acquisition of the multichain trading terminal Padre. The strategic move is intended to bring advanced trading tools, a better user experience, and enhanced efficiency for traders directly into the Pump.fun ecosystem.
Despite its popularity, Pump.fun’s open nature presents significant risks. The platform allows anyone to create and list tokens instantly, many of which are unverified, unaudited, or community-driven projects with no intrinsic value or transparency. While this openness fosters creativity and rapid experimentation, it can also attract bad actors and speculative behavior.
Users frequently report rug pulls, liquidity drains, and pump-and-dump schemes, where creators abandon tokens shortly after launch. As Pump.fun expands its reach through partnerships like MoonPay, the challenge will be balancing accessibility with accountability, ensuring that onramps into crypto do not become gateways to unregulated risk.
CoinMarketCap has acquired crypto derivatives analytics platform CoinGlass, combining one of crypto's largest price-tracking platforms…
Quant's QNT token surged after The Clearing House selected Quant to power key technology behind…
NVIDIA has launched its Open Agent Safety Platform, a new open security framework designed to…
Stand With Crypto has announced its first Senate endorsements of the 2026 election cycle, backing…
President Donald Trump and leaders from some of the world's largest AI and technology companies…
Dogecoin is getting a major utility upgrade as DogeOS launches a public testnet designed to…