MoonPay Announces Strategic Acquisition of Helio

  • Infrastructure
  • 13.01.2025 01:25 pm

MoonPay, the global leader in crypto payments, today announced that it has acquired Helio, Solana’s premiere crypto payment processor. The acquisition brings Helio’s technology, team, and ecosystem into MoonPay’s portfolio, driving innovation in decentralized finance, creator commerce, and trading infrastructure.

Helio emerged as a leading crypto checkout app, supporting over 6,000 merchants and millions of users. The platform enables anyone with a crypto wallet to quickly set up a merchant account and accept payments in USDC, SOL, BTC, ETH, and thousands of other digital assets for e-commerce, subscriptions, digital goods, and more. Helio also powered payments for Magic Eden NFT pre-sales, ticket sales for Solana Breakpoint, Solana Mobile phone sales, and DEX Screener’s “Moonshot” launchpad.

The Helio platform has handled more than $1.5 billion in transactions and integrates with leading digital platforms such as Discord, WooCommerce, and Shopify (the Solana Pay plugin, installed by thousands of stores). Helio makes it easy to create and integrate bespoke on-chain checkout flows via a developer API, enabling marketplaces, apps, trading terminals, and DEXs to route and accelerate transactions with the highest success rates.

“This acquisition is an important step in advancing our vision for the future of payments,” said Ivan Soto-Wright, CEO and co-founder of MoonPay. “Helio’s technology and expertise strengthen our ability to deliver efficient, secure, and scalable solutions for crypto commerce, trading infrastructure, and marketplaces. With MoonPay and Helio combined, we now offer the most comprehensive product for on-chain payments.”

The acquisition will enable MoonPay to expand its trading and marketplace volume by combining Helio’s capabilities with MoonPay’s extensive product ecosystem.

"Helio was founded to make crypto payments accessible, empowering thousands of merchants to reach millions of customers with seamless on-chain checkouts in just three years,” said Stijn Paumen, CEO and co-founder of Helio. “Joining forces with MoonPay, we’re excited to accelerate our mission and unlock crypto’s potential by replacing slow, costly merchant payments with fast, affordable, and decentralized solutions."

2024 was a landmark year for MoonPay as it continued innovating the future of crypto payments. The company announced an industry-first partnership with fintech giant PayPal, enabling users to buy and sell 110+ cryptocurrencies on the MoonPay platform using their PayPal accounts. This collaboration was quickly followed by MoonPay’s integration with Venmo, the most popular peer-to-peer payment app in the U.S. To date, MoonPay is the first and only crypto company to partner with Venmo, allowing users to seamlessly fund transactions on the MoonPay platform using their Venmo balance or linked bank account, credit card, or debit card in Venmo. In December, MoonPay became one of the first organizations to receive approval under the Markets in Crypto-Assets (MiCA) regulation, enabling it to expand its offerings and foster innovation across the European Economic Area.

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