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MoonPay has acquired Meso Network in a strategic move to fast track the MoonPay global payments expansion strategy reinforcing its mission to unify banking systems, card networks, stablecoins and blockchain rails under a single regulatory framework.
The acquisition announced on Monday, marks another milestone in the MoonPay global payments expansion journey as the company builds infrastructure to compete with industry giants like Visa, Circle and Stripe.
By integrating Meso MoonPay will better support U.S. banking rails such as ACH and real time payments while enhancing developer tools to streamline platform integrations. This step plays a crucial role in the MoonPay global payments expansion ensuring fiat and crypto payments flow seamlessly across diverse markets.
“This acquisition strengthens our commitment to making payments universally accessible, whether through fiat or crypto,”
said MoonPay CEO Ivan Soto Wright.
“We’re building the connective layer that lets money flow across any format in any market a cornerstone of the MoonPay global payments expansion vision.”
Meso’s co counders, Ali Aghareza and Ben Mills will join MoonPay as Chief Technology Officer and Senior Vice President of Product respectively. With backgrounds at PayPal’s Braintree and Venmo their expertise is expected to accelerate product growth and fuel the MoonPay global payments expansion roadmap.
Although the terms of the acquisition remain undisclosed, this marks MoonPay’s fourth acquisition this year following Helio, Iron and Decent.xyz. Each deal is designed to advance the MoonPay global payments expansion consolidating its infrastructure to serve both developers and end users worldwide.
MoonPay’s vision is to enable crypto payments across e commerce platforms offer virtual bank accounts, and allow consumers to pay “with anything,” whether that be dollars, euros or Bitcoin all central to the MoonPay global payments expansion mission.
Despite cutting 10% of its workforce earlier this year the company achieved profitability in 2024 and expects 2025 to be its strongest year yet powered by the MoonPay global payments expansion strategy and ongoing discussions around a funding round that could raise its valuation beyond $3.4 billion.
The move comes amid intensifying competition in the payments sector. In May, Mesh integrated Apple Pay for crypto transactions while Stripe announced plans to launch a U.S. dollar backed stablecoin after acquiring Bridge. PayPal also expanded its digital asset strategy by introducing its own stablecoin and yield products.
These developments highlight a broader industry trend toward blending traditional and digital finance. The MoonPay global payments expansion fits squarely within this trend aiming to deliver seamless interoperability between fiat, stablecoins and crypto on a global scale.
