MoonPay to acquire Helio Payments for $150 million in its largest deal yet
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MoonPay plans to acquire Helio Payments for $150 million to improve its payment services. Helio Pay enables crypto payments for merchants, with solutions like Solana Pay integrated into Shopify.
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MoonPay is in talks to acquire crypto payment platform HelioPay for $150 million, according to Fox Business reporter Eleanor Terrett's article on X.
If completed, the deal will It marks MoonPay's biggest acquisition since its inception in 2018.
MoonPay, which enables users to buy and sell digital assets using debit cards, credit cards and mobile payment services such as Apple Pay and Google Pay, has built a user base of more than 20 million accounts worldwide.
Its focus on simplifying crypto transactions has made it the leading platform for getting users into digital assets.
Helio Pay operates a self-service platform that enables content creators and ecommerce merchants to accept crypto payments.
Specifically, Helio's technology integrates Solana Pay into Shopify, allowing merchants to process payments with automatic conversion features such as USDC, PYUSD, and EURC.
The acquisition expands MoonPay's merchant services capabilities and adds Helio's technology to its existing payment infrastructure.
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