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Home” Business” MoonPay to get Helio Pay for $150 million in its biggest offer yet
by
Estefano Gomez
Dec. 23, 2024
MoonPay eyes Helio Pay acquisition to broaden worldwide merchant services and reinforce crypto payment options.
Picture: MoonPay
Secret Takeaways
- MoonPay prepares to obtain Helio Pay for $150 million to improve its payment services.
- Helio Pay makes it possible for crypto payments for merchants, with options like Solana Pay incorporated into Shopify.
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MoonPay remains in conversations to get crypto payment platform Helio Pay for roughly $150 million, according to Fox Business reporter Eleanor Terrett in a post on X.
If settled, the offer would mark MoonPay’ s biggest acquisition given that its starting in 2018.
MoonPay, which allows users to purchase and offer digital properties utilizing debit cards, charge card, and mobile payment services like Apple Pay and Google Pay, has actually developed a user base of over 20 million accounts internationally.
Its concentrate on streamlining crypto deals has actually made it a leading platform for onboarding users into digital possessions.
Helio Pay runs a self-service platform that permits material developers and eCommerce merchants to accept crypto payments.
Significantly, Helio’ s innovation has actually incorporated Solana Pay into Shopify, allowing merchants to process payments in stablecoins such as USDC, PYUSD, and EURC with automated conversion functions.
The acquisition would broaden MoonPay’ s merchant services abilities and include Helio’ s innovation to its current payment facilities.
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