MoonPay Buy Solana-Powered Crypto Payment Processor Helio for $175M
Powered by @unfolded- MoonPay has acquired Helio, a Solana-based crypto payment processor, for $175 million to enhance its trading and marketplace volume.
- The acquisition aims to improve MoonPay's capabilities in providing secure and scalable solutions for crypto commerce, as stated by CEO Ivan Soto-Wright.
- Helio, launched in 2022, has processed over $1.5 billion in transactions and supports over 6,000 merchants, integrating with platforms like Discord, WooCommerce, and Shopify.
- This acquisition follows MoonPay's recent partnership with PayPal, allowing users to buy and sell cryptocurrencies using PayPal and Venmo.
https://www.coindesk.com/business/2025/01/13/moon-pay-buys-crypto-payment-processor-helio-for-175-m