Luxury app Dorsia taps MoonPay for crypto payments

Summary

Dorsia is introducing crypto payments for luxury travel bookings in the US, UK, Europe, and six Arab nations through a partnership with MoonPay. Users can complete transactions using USDC and Solana-based tokens via the Dorsia app. The integration aligns with evolving preferences among high-net-worth individuals. Dorsia operates on a membership-based system with dynamic pricing for luxury hotel reservations. The luxury travel market is projected to reach $2.3 trillion by 2030. Dorsia has raised $50.4 million in funding from notable investors. MoonPay, which has seen significant revenue growth, has partnered with other luxury brands like Gucci and Bugatti and recently acquired payment processor Helio to enhance its services.

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