VALR and MoonPay Announce Integration to Enhance Global Crypto Access
VALR, Africa's largest cryptocurrency exchange by trade volume, and MoonPay, the global leader in crypto payments, today announced their integration to streamline fiat on- and off-ramps for users in over 180 countries. This partnership enables VALR to support 34 fiat currencies, including KES (Kenyan Shilling), NGN (Nigerian Naira), IDR (Indonesian Rupiah), TRY (Turkish Lira), BRL (Brazilian Real), and TWD (Taiwan Dollar), across payment methods such as Credit and Debit Cards, Apple Pay, Google Pay, PayPal, and Venmo.
The integration strengthens VALR's mission to expand its global footprint and provide seamless access to cryptocurrencies like Bitcoin and stablecoins. With a user base exceeding 1.3 million and over 1,300 corporate and institutional clients, VALR continues to lead the development of a more inclusive global financial system.
'We are thrilled to partner with MoonPay to enhance our platform's accessibility for users worldwide,' said Farzam Ehsani, Co-Founder and CEO of VALR. 'This integration empowers our global community with efficient access to cryptocurrencies, aligning with VALR's vision of building a financial system that reflects the oneness of humanity.'
'We believe the future of money is crypto, and our goal is to make it easy for everyone to participate in this new digital economy,' said Ivan Soto-Wright, co-founder and CEO at MoonPay. 'Partnering with VALR to broaden access to stablecoins and other tokens is an exciting step toward our shared mission of global crypto adoption, empowering users in Africa and beyond to hold value on-chain.'
Founded in 2018 and headquartered in Johannesburg, VALR offers a comprehensive suite of crypto services, including Spot Trading, Futures, Staking, Lending, OTC Trading, VALR Pay, and a world-class API for businesses to build on and high-frequency traders. Licensed by South Africa's FSCA, with regulatory approvals in Europe and initial approval from Dubai's VARA, VALR has raised $55 million from investors such as Pantera Capital, Fidelity's F-Prime, and Coinbase Ventures. MoonPay, trusted by over 30 million users, provides end-to-end solutions to simplify crypto access across 180+ countries.
About VALR
VALR is Africa's largest cryptocurrency exchange by trade volume, serving over 1.3 million users and 1,300 corporate clients. Founded in 2018, VALR offers products including Spot Trading, Futures, Staking, Lending, OTC Trading, VALR Pay, and a world-class API for businesses to build on and high-frequency traders. Headquartered in Johannesburg, VALR is licensed by the FSCA in South Africa, with approvals in Europe and initial approval from Dubai's VARA. The company has raised $55 million from investors like Pantera Capital, Coinbase Ventures, and F-Prime. For more, visit valr.com
About MoonPay
MoonPay creates a world where you own your digital future, giving you control of your identity, money, property, and data.
We are the market leader in end-to-end solutions simplifying access to the crypto economy for 30M+ verified accounts across 180+ countries, and trusted by iconic global brands to power the creation and movement of digital value.
Contact
VALR
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
3 days ago
- Business Wire
Curtiss-Wright Signs Strategic Partnership With Rolls-Royce SMR for Its Small Modular Reactor Technology
DAVIDSON, N.C.--(BUSINESS WIRE)--Curtiss-Wright Corporation (NYSE: CW) today announced that its UK-based Curtiss-Wright Nuclear business (formerly Ultra Energy) signed a multi-million dollar strategic partnership with Rolls-Royce SMR to deliver critical safety systems for its Small Modular Reactor (SMR) technology. Under the contract, Curtiss-Wright will provide design, qualification, testing and supply of the non-programmable diverse Reactor Protection Systems for a global fleet of Rolls-Royce SMRs. Curtiss-Wright is excited to announced a strategic partnership with Rolls-Royce SMR to deliver critical safety systems for its Small Modular Reactor (SMR) technology. Work under this agreement, including the design and implementation of Curtiss-Wright's Reactor Protection Systems, will be performed by Curtiss-Wright Nuclear's facility in Dorset, UK, supporting regional economic growth, as well as expanding the UK's nuclear skills, opportunities and capabilities. 'We have a strong UK-based team focused on supporting this partnership and we're all excited to be part of the Rolls-Royce SMR story,' said Ognjen Starovic, General Manager, Curtiss-Wright Nuclear. 'We take great pride in helping to deliver a British SMR, as well as provide our people with new career opportunities and create long-term job growth in the region.' Ruth Todd, Rolls-Royce SMR's Operations & Supply Chain Director, said: 'We are delighted to begin this important and enduring partnership with Curtiss-Wright. Securing industry leading expertise will further de-risk our programme by underpinning a critical element of the design.' The Rolls-Royce SMR will be the first new nuclear power station to be designed and built in the UK for more than a generation and offers a radically different approach based on proven technology. Each 'factory-built' nuclear power plant will provide enough affordable, low-carbon electricity to power a million homes for more than 60 years. In October 2024, Rolls-Royce SMR was selected by CEZ to deploy up to 3GW of electricity in the Czech Republic and in July 2025, Rolls-Royce SMR was selected as preferred bidder by Great British Energy – Nuclear to provide the UK's first SMRs. The Rolls-Royce SMR is progressing through the final stage of Assessment by the UK nuclear industry's independent regulators - further ahead than any other SMR in a European regulatory process. Non-programmable diverse Reactor Protection Systems are safety critical back-up instruments, designed to provide an independent means of shutting down a reactor. They are simple and robust, deploying proven-in-use electronic technology and techniques, while avoiding the use of microprocessors, software or programmable devices. Curtiss-Wright maintains one of the most comprehensive and diverse portfolios of advanced nuclear power equipment, technology, and services globally to support both operating reactors and new build opportunities. For more information about our nuclear reactor technologies supporting advanced nuclear reactors, please visit the Company's Nuclear division at About Curtiss-Wright Corporation Curtiss-Wright Corporation (NYSE: CW) is a global integrated business that provides highly engineered products, solutions and services mainly to Aerospace & Defense markets, as well as critical technologies in demanding Commercial Nuclear Power, Process and Industrial markets. We leverage a workforce of approximately 9,000 highly skilled employees who develop, design and build what we believe are the best engineered solutions to the markets we serve. Building on the heritage of Glenn Curtiss and the Wright brothers, Curtiss-Wright has a long tradition of providing innovative solutions through trusted customer relationships. For more information, visit This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions. Such statements, including statements relating to Curtiss-Wright's expectations of future performance of our Reactor Protection Systems, the successful implementation and overall success of these products, successful development of the Rolls-Royce small modular reactor design and future opportunities associated with this nuclear reactor design, are not considered historical facts and are considered forward-looking statements under the federal securities laws. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Such risks and uncertainties include but are not limited to: a reduction in anticipated orders; an economic downturn; changes in competitive marketplace and/or customer requirements; an inability to perform customer contracts at anticipated cost levels; and other factors that generally affect the business of aerospace, defense contracting, marine, electronics and industrial companies. Please refer to the Company's current SEC filings under the Securities Exchange Act of 1934, as amended, for further information.
Business Insider
4 days ago
- Business Insider
VALR pioneers xStocks in South Africa
Africa's largest crypto exchange becomes the first platform on the continent to introduce tokenised U.S. equities trading. VALR, Africa's largest crypto exchange by trade volume, today announced the launch of xStocks on its platform. This offering enables customers to gain price exposure through tokenisation of leading U.S.-listed equities, including Tesla, NVIDIA, Robinhood, Circle, and Coinbase. With this move, VALR becomes the first crypto exchange in the region to offer tokenised equities, marking a significant step towards financial inclusion and simplified investment opportunities across Africa. xStocks, launched by Backed in May 2025, are 1:1-backed tokenised representations of U.S.-listed equities and ETFs, providing price exposure to token holders. However, the xStocks tokens do not confer ownership rights, voting rights or other shareholder rights and privileges to token holders. These tokens can be traded on VALR's Spot market against TetherUSD (USDT) or against other crypto assets, including Bitcoin and Ethereum, or even the South African rand, via the Simple Buy/Sell terminal. Additionally, xStocks can be deposited and withdrawn via the Solana network, ensuring seamless and efficient transactions across the crypto ecosystem. This launch reflects a growing global trend of tokenising real-world assets, further bridging the gap between traditional finance and the crypto economy. By offering xStocks, VALR empowers its users to diversify their portfolios with price exposure to some of the world's most prominent companies, fostering greater access to global markets and simplifying investment strategies. The introduction of xStocks follows VALR's recent launch of the Garrington Capital USD Private Credit Token (USDPC), a yield-bearing crypto asset, as part of its broader VALR Invest initiative. These developments underscore VALR's commitment to delivering innovative financial products that enhance portfolio diversification and accessibility. Farzam Ehsani, Co-Founder and CEO of VALR, commented: 'The launch of xStocks on our platform represents a pivotal moment in advancing access to innovative products that brings choice and inclusion to people in South Africa, with a plan to make the product available to the continent and globally in the near future. By blending crypto and traditional finance, we are forging a financial system that brings down barriers and serves many more with unprecedented ease. This initiative not only strengthens VALR's global profile but also reaffirms our commitment to bringing innovation and progress to our phenomenal community of VALR users.' 'We're excited to have xStocks on VALR, marking another step in the xStocks mission to bring tokenised equities to users worldwide, in the platforms they use,' said David Henderson, Head of Growth at Backed, the issuer of xStocks. 'We have seen incredible adoption for these assets, and now users from Africa will be able to access them on VALR, participating in tokenised capital markets.' About VALR Founded in 2018, VALR is Africa's largest crypto exchange by trade volume, serving over 1,400 corporate and institutional clients and more than 1.5 million users worldwide. Headquartered in Johannesburg, VALR offers a comprehensive suite of crypto products, including Spot Trading, Spot Margin, Futures, Staking, Lending, API services, Subaccounts, OTC Trading, Simple Buy & Sell, and VALR Pay. Licensed by the FSCA in South Africa and with approval to serve parts of the European Union, VALR has secured $55 million in equity funding from leading investors, including Pantera Capital, Coinbase Ventures, GSR, and F-Prime, affiliated with Fidelity Investments. For more information, visit About xStocks VALR
Forbes
6 days ago
- Forbes
iOS 18.6—Update Now Warning Issued To All iPhone Users
Apple has released iOS 18.6, along with a warning to update your iPhone now. Apple has released iOS 18.6, along with a warning to update your iPhone now. That's because iOS 18.6 comes with a hefty list of 29 security fixes, some of which plug serious holes in iOS. Apple doesn't give much information about the bugs squashed in iOS 18.6, to give people as much time to update as possible before attackers can get hold of the details. However, iOS 18.6 fixes multiple flaws in WebKit, the engine that supports the Safari browser, according to the iPhone maker's support page. Tracked as CVE-2025-4322, one of the issues patched in WebKit could see sensitive user information exposed, if they process maliciously crafted web content. Meanwhile, a trio of CVEs patched in iOS 18.6 could lead to memory corruption as a result of processing maliciously crafted web content. Apple's iOS 18.6 also fixes a flaw in CoreMedia Playback that could enable an app to access user-sensitive data. The Impact Of The Issues Fixed In iOS 18.6 Of the issues patched in iOS 18.6, Daniel Card, an independent cybersecurity consultant, highlights a flaw which could see your passcode read out by VoiceOver. Meanwhile, another WebKit issue could see address bar spoofing, if you visit a malicious website, he says. Most of the issues patched in iOS 18.6 are specific to WebKit, 'which by its very nature are more likely to be exploited remotely,' says Sean Wright, head of application security at Featurespace. For the most part, the impact of the vulnerabilities fixed in iOS 18.6 is limited, Wright says. However, it is important to note that flaws including CVE-2025-43227 do have more of an impact and 'thus carry more risk,' according to Wright. Apple released iOS 18.6 alongside iOS 17.7.9, patching issues on iPhones that can't run iOS 18. OS 18.6 comes with a hefty list of 29 security fixes, some of which plug serious holes in iOS. Why You Should Update To iOS 18.6 None of the flaws patched in iOS 18.6 have been used in real-life attacks, yet. But iOS 18.6 is the first update in well over two months — iOS 18.5 was issued in mid-May and Apple hasn't released any minor upgrades in the meantime. The iOS 18.6 upgrade is also likely to be the last iPhone update before Apple releases iOS 26 this fall, unless a very urgent security fix is needed before then. The fact that there's so long between updates — with another gap due until the iPhone 17 and iOS 26 arrive this fall — mean applying iOS 18.6 now is important. Plus iOS 18.6 fixes bugs plaguing those on the previous version, including an issue in Photos that could prevent memory movies being shared. 'Overall, there is no reason to panic, but I would highly recommend that users update to iOS 18.6 as soon as possible to be on the safe side,' says Wright. It's also worth noting that automatic updates can take a while to reach your iPhone, so it is best to apply iOS 18.6 manually. Before doing this, Card points out the importance of ensuring you have space in iCloud. 'Some people have their iCloud full so not only do their device back ups not work, their updates fail.' "General housekeeping is always good for life and security optimisation," Card says. To upgrade your iPhone, go to your Settings > General > Software Update and download and install iOS 18.6 now.
