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Moonpay acquires Helio in 175 million USD deal

Moonpay’s acquisition of Helio aims to strengthen decentralized payment solutions. Under this agreement, Helio’s team will become shareholders while maintaining its brand identity. This strategic move is anticipated to transform merchant payments into faster, more affordable processes.

Ivan Soto-Wright, CEO of Moonpay, emphasized the deal’s significance in enhancing efficient crypto commerce. Stijn Paumen, CEO of Helio, highlighted the mission to replace slow merchant payments with quick and cost-effective decentralized solutions, tapping into the potential of the crypto market.

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