PANews reported on January 27th that crypto payment network Mesh successfully closed a $75 million Series C funding round, elevating its valuation to $1 billion. Led by Dragonfly Capital, the round attracted notable participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. With this latest injection, the company has now secured over $200 million in total funding. The fresh capital will fuel Mesh's expansion into Latin America, Asia, and Europe while simultaneously enhancing its product offerings. What makes Mesh stand out is its asset-agnostic unified payment network, which currently serves over 900 million users. Customers can transact using various assets like Bitcoin or Solana, while merchants receive instant settlements in stablecoins such as USDC and PYUSD or their preferred local currency. Notably, a portion of this funding round was settled directly in stablecoins.
PANews reported on January 27th that, according to PR Newswire, crypto payment network Mesh announced the completion of a $75 million Series C funding round, valuing the company at $1 billion post-money. The round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures. The company has now raised over $200 million in total funding. This latest round of funding will be used to accelerate expansion in Latin America, Asia, and Europe, and to drive product development. Mesh positions itself as an asset-agnostic unified payment network, already covering over 900 million users. It supports payments using any asset, including Bitcoin and Solana, while merchants can instantly settle transactions using stablecoins such as USDC and PYUSD, or their local fiat currencies. Part of this funding round was also settled in stablecoins.
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