MoonPay completes acquisition of Meso, propelling its evolution into a global payment infrastructure
MoonPay Acquires Meso: Paving the Way for a Unified Global Payments Network
In a significant move, MoonPay, a global leader in crypto payments, has announced the acquisition of Meso, a company known for bridging traditional finance and crypto. This acquisition marks a turning point for MoonPay as it moves beyond ramps to build the global payments network of the future.
MoonPay's mission is to connect banks, card networks, stablecoins, and blockchains under a unified regulatory framework. This regulatory framework includes approvals such as MTLs, BitLicenses, and MiCA. The company aims to provide consumers and businesses with one trusted way to pay, get paid, and interact with money in any form at the speed and simplicity of the internet.
Ben Mills, co-founder of Meso, will assume the role of Senior Vice President of Product at MoonPay. Mills has a track record of building category-defining payments products, having served at Braintree, Venmo, Thinkful, Chegg, and Solana. Before co-founding Meso in 2022, Mills drove payments innovation at Solana.
Ali Aghareza, the Chief Technology Officer of Meso, will continue in his role at MoonPay following the acquisition. Aghareza, who was part of the original engineering team at Braintree and later led engineering at PayPal, co-founded Meso in 2022 and built it into a trusted infrastructure partner for fintech and crypto platforms. Aghareza will assume the same role at MoonPay.
The acquisition of Meso, along with the existing operations of Helio and Iron, brings together the critical components needed to create a single, global payments network. This network will revolutionise the way money moves, making it faster, more secure, and more accessible.
Ivan Soto-Wright, CEO of MoonPay, stated that this acquisition is a turning point for the company. "With Meso, Helio, and Iron, we are now uniquely positioned to build the global payments network of the future," said Soto-Wright.
MoonPay's vision is to empower everyone to participate in the digital economy, regardless of geography or financial status. This acquisition is a step towards achieving that vision, and MoonPay is excited about leading the next chapter of its evolution, leveraging the combined strength of MoonPay, Iron, Helio, and now Meso.
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