Crypto payments firm MoonPay has acquired Meso Network in a strategic move to enhance its global financial infrastructure and compete directly with industry giants like Visa and Circle. Announced on September 15, 2025, this acquisition marks MoonPay's fourth this year, following deals with Helio, Iron, and Decent.xyz.
The integration of Meso will significantly improve MoonPay's support for U.S. banking rails, including ACH and real-time payments, while enhancing developer tools for easier platform integration. Meso's co-founders, Ali Aghareza and Ben Mills, will join MoonPay as Chief Technology Officer and Senior Vice President of Product, respectively. Both bring extensive fintech experience from previous roles at PayPal's Braintree and Venmo.
MoonPay CEO Ivan Soto-Wright stated: "This acquisition strengthens our commitment to making payments universally accessible, whether through fiat or crypto. We're building the connective layer that lets money flow across any format, in any market." The company aims to enable crypto payments on e-commerce platforms, offer virtual bank accounts, and allow users to pay with traditional currencies or Bitcoin.
Despite laying off 10% of its workforce earlier in 2025 due to rising costs, MoonPay reported profitability in 2024 and expects 2025 to be its strongest year yet in terms of earnings and cash flow. The company is also in discussions for a new funding round that could raise its valuation beyond the $3.4 billion mark set during its 2021 Series A.
This acquisition reflects broader industry trends where payments companies are expanding into digital assets. Recent examples include Mesh's Apple Pay integration, Stripe's development of a dollar-backed stablecoin, and Triple-A's plans to integrate PayPal's stablecoin.