- MoonPay is in talks to acquire Helio Pay, a crypto payment platform for e-commerce.
- The acquisition allows businesses to accept cryptocurrency payments via Helio Pay’s platform.
Crypto payment platform MoonPay is reportedly in talks to acquire Helio Pay, a leading e-commerce platform that enables businesses to accept payments in various cryptocurrencies. The deal, valued at around $150 million, would mark MoonPay’s largest acquisition yet.
SCOOP: @FoxBusiness has learned that #crypto payment services provider @moonpay is in talks to acquire @helio_pay for an estimated $150 million. This would be MoonPay's largest acquisition to date.
Helio is a Coinbase Commerce alternative providing a self-service crypto…
— Eleanor Terrett (@EleanorTerrett) December 23, 2024
MoonPay’s Move to Enhance E-Commerce Crypto Payments
Helio Pay offers a self-service platform like Coinbase Commerce, supporting over 6,000 merchants and content creators. Its integration with Solana Pay on Shopify, which serves more than 138 million users monthly, makes it a significant player in the e-commerce crypto space.
MoonPay is known as the “PayPal but for cryptos.” However, this acquisition would enhance its merchant services and expand its user base, which currently exceeds 20 million across 160 countries.
Also, MoonPay allows users to buy and sell cryptocurrencies using debit and credit cards and mobile payment options like Apple Pay and Google Pay.
With the growing trend of crypto adoption in the market, particularly with the recent shifts toward more practical crypto uses, this acquisition could make paying for goods online with crypto as easy as using a credit card. As the crypto market continues to evolve, this deal could bring big changes for both e-commerce merchants and crypto users alike.
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