Exodus Integrates Venmo as Payment Method Through MoonPay Partnership

Exodus, a leading cryptocurrency wallet provider, has expanded its range of purchasing options by integrating Venmo as a payment method through a strategic partnership with MoonPay.

This new development allows more than 60 million Venmo users in the United States to buy digital assets directly within the Exodus mobile wallet, providing a seamless and convenient way to access cryptocurrencies.

The integration with MoonPay’s checkout interface enables Venmo users to make cryptocurrency purchases alongside existing payment methods such as debit and credit cards, PayPal, Apple Pay, Google Pay, and bank transfers.

Kevin Wood, Director of Revenue Operations at Exodus, emphasized the significance of this integration, stating, “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.”

As a self-custodial wallet provider, Exodus is committed to expanding payment options to simplify the process of owning digital assets and enhancing the overall user experience.

Venmo and MoonPay Partnership

In October 2024, Venmo entered into a partnership with MoonPay to enable its 60 million U.S. users to purchase cryptocurrencies directly using their Venmo balances. This feature was rolled out across MoonPay’s partner network, with plans for further expansion to additional platforms in the future.

Through this integration, Venmo users can now buy cryptocurrencies without the need to link external bank accounts, streamlining the purchasing process and making it more convenient for users. The partnership aligns with PayPal and Venmo’s broader strategy of promoting crypto adoption, which includes features such as crypto transfers between Venmo users.