{"id":7468,"date":"2025-01-13T21:31:52","date_gmt":"2025-01-13T21:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7468"},"modified":"2025-01-13T21:31:52","modified_gmt":"2025-01-13T21:31:52","slug":"moonpay-buys-crypto-payment-processor-helio-for-175m","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7468","title":{"rendered":"MoonPay Buys Crypto Payment Processor Helio for $175M"},"content":{"rendered":"<div>\n<p>MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. <a href=\"https:\/\/www.foxbusiness.com\/markets\/moonpay-acquires-helio-175m-expand-crypto-payments-infrastructure\" target=\"_blank\">According to Fox Business<\/a>, the deal is reportedly worth $175 million.<\/p>\n<p>The Miami-based company aims to expand its trading and marketplace volume using Helio&#8217;s products. &#8220;This acquisition is an important step in advancing our vision for the future of payments,\u201d said Ivan Soto-Wright, CEO and co-founder of MoonPay, in a <a href=\"https:\/\/www.moonpay.com\/newsroom\/helio-acquisition\" target=\"_blank\">statement<\/a>. \u201cHelio\u2019s technology and expertise strengthen our ability to deliver efficient, secure, and scalable solutions for crypto commerce, trading infrastructure, and marketplaces.&#8221;<\/p>\n<p>Helio, a London-based startup, was launched in 2022 and enables businesses to process payments via digital currencies such as USDC, SOL, BTC and ETH, among others. Helio has already processed over $1.5 billion in transactions and has integrated with platforms including Discord, WooCommerce, and Shopify.<\/p>\n<\/p>\n<p>The company supports over 6,000 merchants and one million users. Meanwhile, MoonPay has over 20 million users, the statement said. <\/p>\n<p>The deal comes after MoonPay <a href=\"https:\/\/www.coindesk.com\/business\/2024\/05\/02\/moonpay-users-can-now-buy-crypto-via-paypal\" target=\"_blank\">formed<\/a> a strategic partnership with PayPal in May to use PayPal accounts for buying and selling over 100 cryptocurrencies on its platform. Then, in October, PayPal <a href=\"https:\/\/newsroom.paypal-corp.com\/2024-10-17-Venmo-is-Now-Available-as-a-Payment-Option-for-MoonPay-Users\" target=\"_blank\">announced<\/a> that eligible U.S. users could use Venmo to fund their accounts on MoonPay.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. According to Fox Business, the deal is reportedly worth $175 million. The Miami-based company aims to expand its trading and marketplace volume using Helio&#8217;s products. &#8220;This acquisition is an important step in advancing our vision for the future of payments,\u201d said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7468","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7468"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7468\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}