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Crypto payments firm MoonPay acquires fellow startup Meso

MoonPay has acquired Meso, a payments startup, as part of efforts to grow its global cryptocurrency payments network.

MoonPay, founded in 2019 and valued at US$3.4 billion in its 2021 series A, provides cryptocurrency payments infrastructure.

Meso’s co-founders, Ali Aghareza and Ben Mills, will join MoonPay as CTO and SVP of product.

The company did not disclose financial terms of the acquisition.

MoonPay said the acquisition supports its goal to link banks, card networks, stablecoins, and blockchains under unified regulations in the US and Europe.

🔗 Source: The Block

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