Key conclusions
- MoonPay plans to buy Helio Pay for $150 million to improve its payment services.
- Helio Pay enables crypto payments for merchants with solutions like Solana Pay integrated into Shopify.
MoonPay is in talks to buy crypto payment platform Helio Pay for about $150 million, Fox Business reporter Eleanor Terrett reports in post on X.
If completed, the deal would be MoonPay’s largest acquisition since it was founded 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 a leading platform for engaging users in digital assets.
Helio Pay operates a self-service platform that enables content creators and e-commerce merchants to accept crypto payments.
Notably, Helio’s technology has integrated Solana Pay into Shopify, allowing merchants to process payments in stablecoins such as USDC, PYUSD, and EURC with automatic conversion features.
The acquisition would expand MoonPay’s merchant services capabilities and add Helio’s technology to its existing payment infrastructure.
