MoonPay Plans to Expand in London, Citing UK’s ‘Talent Density’

Crypto payments company MoonPay is expanding in the UK, with plans to add more than 20 people in the country after opening its first office there.

The US company expects to have more than 100 employees at the office in London’s Spitalfields area by next year, Chief Executive Officer Ivan Soto—Wright said in an interview. MoonPay has about 80 staff in the UK now.

MoonPay will mainly hire engineers and compliance staff, Soto-Wright said, adding that friendly regulations and easy access to skilled talent are some of the UK’s main draws. The company, whose software helps investors switch between fiat ...