MoonPay acquires Meso To Expand Global Payments

MoonPay, the leading crypto on-ramp provider, announced on Tuesday that it has acquired Meso, a payments infrastructure company. The acquisition represents a major step in MoonPay’s vision to transform into a comprehensive payments ecosystem, rather than focusing solely on digital asset purchases.

The deal also adds two fintech veterans to MoonPay’s executive team. Ali Aghareza, co-founder and CTO of Meso, will serve as MoonPay’s Chief Technology Officer, while Ben Mills has been appointed Senior Vice President of Product, leading the company’s global product strategy.

Aghareza was part of the founding engineering team at Braintree (later acquired by PayPal) and subsequently led engineering at PayPal before co-founding Meso in 2022. Mills brings extensive product leadership experience from Braintree, Venmo, and Solana, where he previously served as Head of Developer Experience at Braintree and Head of Product at Venmo.

MoonPay’s co-founder and CEO Ivan Soto-Wright stated:
“We built trusted ramps that onboarded millions into crypto. Now, we’re focused on creating the global network that will move money across all forms and markets.”

With the acquisition of Meso, MoonPay aims to expand beyond its core business of enabling crypto purchases with traditional payment methods. Its long-term goal is to create unified infrastructure that connects banks, card networks, stablecoins, and blockchains under a single regulatory framework.

The company operates under multiple licenses, including Money Transmitter Licenses, BitLicenses in the U.S., and MiCA approval in Europe. Together with its earlier acquisitions of Helio and Iron, MoonPay is assembling the building blocks of a holistic payments ecosystem.

Meso had positioned itself as a bridge for fintech and crypto platforms seeking to integrate traditional payment systems with blockchain technology.

This deal reflects the broader consolidation trend in crypto payments, as companies race to establish end-to-end financial infrastructure. MoonPay’s evolution from a crypto gateway into a global payments provider mirrors similar moves across the fintech industry.

Financial details of the acquisition were not disclosed. Backed by significant venture funding, MoonPay has been valued at over $3 billion in previous private rounds.

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