MoonPay Buys Meso Amid Push for Unified Crypto and Banking Network
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MoonPay has acquired payments startup Meso as part of its strategy to build a global payments network connecting banks, cards, stablecoins, and blockchains under U.S. and EU regulatory frameworks. Meso’s co-founders, Ali Aghareza and Ben Mills, will join MoonPay as CTO and SVP of Product, bringing experience from PayPal, Braintree, and Venmo. The deal follows MoonPay’s acquisitions of Helio, Iron, and Decent.xyz earlier this year, strengthening its infrastructure for crypto purchases via cards, bank transfers, and mobile payments. Founded in 2019 and valued at $3.4 billion in 2021, MoonPay previously cut 10% of its workforce in 2024 due to high costs. The acquisition terms were not disclosed.