MoonPay Acquires Payments Startup Meso to Enhance Crypto Payment Solutions
- MoonPay has confirmed its acquisition of payments startup Meso, aiming to build a global crypto payments network.
- The co-founders of Meso, Ali Aghareza and Ben Mills, will assume key roles at MoonPay as CTO and SVP of Product.
- No financial details or timeline for the acquisition have been disclosed.
- This acquisition follows MoonPay’s earlier purchase of Helio, a Solana-based payment processor, for $175 million in January.
MoonPay aims to position itself as an infrastructure provider within the crypto and Web3 sectors, similar to how Stripe operates in traditional finance. The addition of Meso is expected to enhance MoonPay’s capabilities in processing crypto payments efficiently.
With the acquisition of Meso, which has experienced leadership from PayPal and Venmo alumni, MoonPay is set to strengthen its role in the evolving landscape of digital payments.(Source)
