MoonPay to obtain Helio Pay for $150 million in its biggest offer yet

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Home” Business” MoonPay to get Helio Pay for $150 million in its biggest offer yet

by

Estefano Gomez

Dec. 23, 2024

MoonPay eyes Helio Pay acquisition to broaden worldwide merchant services and reinforce crypto payment services.

Image: MoonPay

Secret Takeaways

• MoonPay prepares to obtain Helio Pay for $150 million to boost its payment services.
• Helio Pay allows crypto payments for merchants, with services like Solana Pay incorporated into Shopify.

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MoonPay remains in conversations to get crypto payment platform Helio Pay for around $150 million, according to Fox Business reporter Eleanor Terrett in a post on X.

If settled, the offer would mark MoonPay’ s biggest acquisition given that its starting in 2018.

MoonPay, which makes it possible for users to purchase and offer digital possessions utilizing debit cards, charge card, and mobile payment services like Apple Pay and Google Pay, has actually constructed a user base of over 20 million accounts worldwide.

Its concentrate on streamlining crypto deals has actually made it a leading platform for onboarding users into digital possessions.

Helio Pay runs a self-service platform that permits material developers and eCommerce merchants to accept crypto payments.

Significantly, Helio’ s innovation has actually incorporated Solana Pay into Shopify, allowing merchants to process payments in stablecoins such as USDC, PYUSD, and EURC with automated conversion functions.

The acquisition would broaden MoonPay’ s merchant services abilities and include Helio’ s innovation to its current payment facilities.

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