MoonPay launches Labs accelerator to back early-stage Web3 startups

Moonpay has announced the launch of Moonpay Labs, an accelerator designed to support pre-series web3 technical teams and at the seed stage via capital, product support and long-term growth strategies.

Moonpay Labs will operate under a persistent leaf model by selecting up to five high potential startups each year to receive a personalized and continuous support, according to a press release sent to Crypto.News. The program is oriented towards the technical teams which are built with strong growth Web3 sectors like stable infrastructure, agencies, Decentralized financeSocialfi and web3 trade.

“Moonpay’s unique position within the ecosystem allows us to identify and accelerate high value projects in emerging use cases,” said Abhay M, vice-president of business development and investments at Moonpay. “Moonpay Labs is designed to support these pioneering manufacturers by providing tailor -centered support on the founder who offers them a competitive advantage in the business building”, “

Moongate selected as the first participant in Moonpay Labs

Accelerator startups will benefit from a structured marketing framework which includes UX optimization workshops, a launch of tokens and a list advice, access to moonpay developer tools and product sand sand and direct comments of the company’s developer network.

The first team accepted in Moonpay Labs is moongate, a project focused on simplification Even Purchases by allowing users to buy directly with credit and debit cards. Moongate aims to make the same accessible to consumer users.

In addition to capital at an early stage, Moonpay Labs can offer monitoring funding as the selected teams are on the scale, allowing founders to reduce dilution before a price series A.

Moonpay Labs has been hosted in the company’s business development group, which also oversees Moonpay Ventures – a venture capital arm that has invested in more than 30 web 3 companies since its launch in 2023.