The acquisition is part of MoonPay’s broader mission to unify traditional banking systems, card networks, stablecoins, and blockchain rails under a global regulatory framework.
Crypto payments firm MoonPay has acquired Meso Network in a move to enhance its global financial infrastructure and compete directly with industry giants like Visa and Circle.
Key Takeaways:
Announced on Monday, the acquisition is part of MoonPay’s broader mission to unify traditional banking systems, card networks, stablecoins, and blockchain rails under a global regulatory framework.
The company said that the integration of Meso will allow it to better support US banking rails, such as ACH and real-time payments, while also improving its developer tools for easier integration across platforms.
“This acquisition strengthens our commitment to making payments universally accessible, whether through fiat or crypto,” said MoonPay CEO Ivan Soto-Wright.
“We’re building the connective layer that lets money flow across any format, in any market.”
Meso’s co-founders, Ali Aghareza and Ben Mills, will join MoonPay as Chief Technology Officer and Senior Vice President of Product, respectively. Both bring deep fintech experience, with past roles at PayPal’s Braintree and Venmo.
Their addition is expected to fast-track MoonPay’s product expansion and enhance its capacity to serve both developers and end users across financial ecosystems.
The terms of the deal were not disclosed. However, it marks MoonPay’s fourth acquisition this year, following deals with Helio, Iron, and Decent.xyz, all geared toward building out a unified payments infrastructure.
MoonPay aims to enable crypto payments on e-commerce platforms, offer virtual bank accounts, and ultimately allow users to pay “with anything,” whether that be dollars, euros, or Bitcoin.
Despite laying off 10% of its workforce earlier this year due to rising costs, MoonPay reported profitability in 2024 and says 2025 is shaping up to be its strongest year yet in terms of earnings and cash flow.
The company is also said to be in discussions for a new funding round that could raise its valuation beyond the $3.4 billion mark set during its 2021 Series A.
In May, crypto payments platform Mesh unveiled its Apple Pay integration, which allows merchants partnered with Mesh to accept crypto payments via Apple Pay.
