Moonpay has acquired Helio, a Solana-focused payment processor, for $175 million, allowing Helio to operate as a subsidiary while its employees become shareholders. This acquisition aims to enhance decentralized payment solutions, leveraging Helio’s technology to support over 6,000 merchants and millions of customers. Both companies’ CEOs emphasized the potential to transform merchant payments into faster, more affordable processes, tapping into the underutilized crypto assets of millions.
about Moonpay Acquires Helio to Enhance Crypto Payment Solutions for MerchantsStijn Paumen
0 posts last weekMoonPay Acquires Helio to Enhance Crypto Payment Solutions and Infrastructure
MoonPay has acquired Helio, a Solana-based crypto payment processor, enhancing its capabilities in decentralized finance and trading infrastructure. Helio supports over 6,000 merchants and has processed over $1.5 billion in transactions, enabling payments in various digital assets. This acquisition aligns with MoonPay’s vision for efficient and scalable crypto commerce solutions, further solidified by its recent partnerships with PayPal and compliance with the EU’s Markets in Crypto-Assets regulation.
about MoonPay Acquires Helio to Enhance Crypto Payment Solutions and InfrastructureMoonPay Acquires Helio to Enhance Crypto Payment Services
MoonPay has acquired Solana payments startup Helio in an all-equity deal valued at $175 million, with Helio’s entire team joining MoonPay. This move aims to enhance MoonPay’s offerings beyond crypto buying and selling, focusing on e-commerce and on-chain payments. The acquisition reflects a growing interest in crypto payment solutions, despite the sector’s challenges in mainstream adoption.
about MoonPay Acquires Helio to Enhance Crypto Payment ServicesMoonPay Acquires Helio for 175 Million to Enhance Crypto Payment Services
MoonPay has acquired Helio, a blockchain-based payment processor, for $175 million to enhance its crypto payment services. This acquisition integrates Helio’s technology, which supports over 6,000 merchants and has processed over $1.5 billion in transactions, allowing for faster and more affordable crypto payments.With this deal, MoonPay aims to expand its infrastructure and user base, which already includes around 20 million users globally. The acquisition follows MoonPay’s recent approval to operate as a licensed crypto business in the Netherlands under the EU’s Markets in Crypto-Assets (MiCA) framework.
about MoonPay Acquires Helio for 175 Million to Enhance Crypto Payment Services