The Financial Technology Company focused on Cryptographic Moonpay will acquire the startup of Meso payments.
The acquisition, first reported by Bloomberg on Monday, was confirmed by Moonpay In an X post.
No financial details of the acquisition or an estimated period were provided.
“We are excited to share that Moonpay has acquired Meso to help us build the Global Global Payments Network in Crypto,” the company wrote.
The co -founders of Meso Ali Aghareza and Ben Mills, previously from PayPal and Venmo, respectively, will join Moonpay as the new director of Technology and Senior Vice President of Products, added the firm.
Moonpay sees himself as an infrastructure provider for the broader crypt and web3 industry, so other companies can connect Luna’s payment to their products, similar to stripes in the world of traditional payments.
In a line similar to its acquisition of Meso, Moonpay acquired the cryptographic payment processor with Solana for $ 175 million in January.
