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Moonpay acquires Helio to enhance cryptocurrency commerce and trading infrastructure

  • Cryptocurrency infrastructure service provider MoonPay has acquired cryptocurrency payment platform startup Helio Fintech to expand its decentralized finance, creator commerce, and trading infrastructure.
  • The deal was closed for $175 million. Helio offers a cryptocurrency checkout platform for merchants and creators to accept digital payments, providing services like 'Pay Links' for instant payment options in cryptocurrencies.
  • Helio's platform supports multiple blockchains and has over 6,000 business customers processing more than $1.5 billion in annual transactions.
  • MoonPay plans to utilize Helio's technology to enhance its trading and marketplace volume, offering comprehensive on-chain payment solutions.

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