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MoonPay Acquires Meso to Boost Global Payments Expansion

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Crypto funds agency MoonPay has acquired Meso Network in a transfer to improve its international monetary infrastructure and compete straight with trade giants like Visa and Circle.

Key Takeaways:

  • MoonPay acquired Meso to enhance assist for U.S. banking rails and improve its developer integration instruments.
  • The deal brings skilled fintech leaders from PayPal and Venmo into key MoonPay roles.
  • This marks MoonPay’s fourth acquisition in 2025 because it builds a world, unified crypto and fiat funds community.

Announced on Monday, the acquisition is a part of MoonPay’s broader mission to unify conventional banking techniques, card networks, stablecoins, and blockchain rails beneath a world regulatory framework.

MoonPay Taps Meso to Strengthen US Banking Rails and Developer Tools

The firm stated that the mixing of Meso will enable it to higher assist US banking rails, similar to ACH and real-time funds, whereas additionally enhancing its developer instruments for simpler integration throughout platforms.

“This acquisition strengthens our dedication to making funds universally accessible, whether or not by means of fiat or crypto,” stated MoonPay CEO Ivan Soto-Wright.

“We’re constructing the connective layer that lets cash circulation throughout any format, in any market.”

Meso’s co-founders, Ali Aghareza and Ben Mills, will be a part of MoonPay as Chief Technology Officer and Senior Vice President of Product, respectively. Both carry deep fintech expertise, with previous roles at PayPal’s Braintree and Venmo.

Their addition is anticipated to fast-track MoonPay’s product enlargement and improve its capability to serve each builders and finish customers throughout monetary ecosystems.

The phrases of the deal weren’t disclosed. However, it marks MoonPay’s fourth acquisition this yr, following offers with Helio, Iron, and Decent.xyz, all geared towards constructing out a unified funds infrastructure.

MoonPay goals to allow crypto funds on e-commerce platforms, supply digital financial institution accounts, and in the end enable customers to pay “with something,” whether or not that be {dollars}, euros, or Bitcoin.

Despite shedding 10% of its workforce earlier this yr due to rising prices, MoonPay reported profitability in 2024 and says 2025 is shaping up to be its strongest yr but by way of earnings and money circulation.

The firm can be stated to be in discussions for a brand new funding spherical that would elevate its valuation past the $3.4 billion mark set throughout its 2021 Series A.

Payments Companies Push into Crypto

In May, crypto funds platform Mesh unveiled its Apple Pay integration, which permits retailers partnered with Mesh to settle for crypto funds by way of Apple Pay.

Mesh’s partnership with Apple Pay got here as funds corporations proceed to develop into digital belongings.

In April, international funds large Stripe said it is developing a U.S. dollar-backed stablecoin geared toward corporations working outdoors the United States, United Kingdom, and Europe.

The announcement got here after Stripe’s regulatory approval to purchase Bridge, a stablecoin funds community designed to rival conventional banking techniques and SWIFT-based transfers.

Earlier this yr, Jack Dorsey, former Twitter CEO and outspoken Bitcoin advocate, publicly urged Signal Messenger to integrate Bitcoin for peer-to-peer (P2P) funds.

Dorsey’s name was echoed by David Marcus, former president of PayPal and present CEO of Lightspark, who said that “all non-transactional apps ought to join to Bitcoin.”

The feedback mirror a rising sentiment amongst Bitcoin advocates to reposition BTC not simply as a retailer of worth, however as a sensible fee instrument.

More just lately, Singapore-based funds firm Triple-A announced plans to combine PayPal’s stablecoin into its record of supported tokens for buyer funds.

Even corporations like PayPal have entered the space, launching their very own stablecoins and providing yield incentives to holders.

The put up MoonPay Acquires Meso to Boost Global Payments Expansion appeared first on Cryptonews.

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