MoonPay, a leading provider of crypto on-ramps, has acquired Meso, a company specializing in payments infrastructure. This move signals MoonPay’s shift from being a simple service for buying digital assets to a more comprehensive global payments network.
The acquisition brings two experienced payments industry professionals to MoonPay’s leadership team. Ali Aghareza, Meso's co-founder and former CTO, will now serve as MoonPay's Chief Technology Officer. Ben Mills, also from Meso, will join as Senior Vice President of Product. Both have significant experience from their previous roles at companies like PayPal, Braintree, and Venmo.
MoonPay aims to build a unified system that connects traditional financial institutions (like banks and card networks) with crypto networks, all under a single regulatory framework. This is a significant expansion from its original business of only facilitating crypto purchases. The company’s acquisition of Meso, along with previous acquisitions of Helio and Iron, is part of this strategy to create a full-scale payments ecosystem.
The acquisition reflects a growing trend of consolidation in the crypto payments space as companies seek to build more complete financial infrastructure. While the financial terms of the deal were not disclosed, MoonPay's previous valuation was over $3 billion, highlighting its strong position in the market.
September 2025, Cryptoniteuae