MoonPay to Buy Startup Meso to Expand Crypto Payments Further

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The deal comes after MoonPay acquired Solana-powered crypto payment processor Helio for $175 million in January.

Sep 15, 2025, 2:44 p.m.

Crypto-focused financial technology company MoonPay is set to acquire payments startup Meso.

The acquisition, first reported by Bloomberg on Monday, was confirmed by MoonPay in a post on X.

No financial details of the acquisition nor an estimated timeframe were provided.

"We're excited to share that MoonPay has acquired Meso to help us build crypto's largest global payments network," the company wrote.

Meso's co-founders Ali Aghareza and Ben Mills, formerly of PayPal and Venmo respectively, will join MoonPay as new chief technology officer and senior vice president of product, the firm added.

MoonPay sees itself as an infrastructure provider for the wider crypto and Web3 industry, whereby other companies can plug MoonPay into their products, akin to Stripe in the traditional payments world.

In a similar vein to its Meso acquisition, MoonPay acquired Solana-powered crypto payment processor Helio for $175 million in January.

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PayPal Adding Crypto to Peer-to-Peer Payments, Allowing Direct Transfer of BTC, ETH, Others

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The firm said users in the U.S. will soon be able to send bitcoin, ether and its own PYUSD stablecoin directly across accounts as part of the company's crypto payment push.

What to know:

  • PayPal is expanding its peer-to-peer service to include cryptocurrency transfers, allowing U.S. users to send digital assets like bitcoin and ether across PayPal, Venmo, and other crypto-compatible wallets.
  • The new "PayPal links" feature enables users to create personalized links for sending or requesting money, which can be shared via text, chat, or email.
  • Personal transfers between friends and family using crypto will not trigger IRS 1099-K tax reporting requirements, keeping gifts and reimbursements tax-free.
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