Mesh Raises $75M Series C at $1B Valuation to Build the Universal Crypto Payments Network

Mesh is proud to announce the successful close of our $75M Series C. The round brings our total funding to more than $200M and values the company at $1B.

As crypto moves from experimentation to real-world adoption, scalable infrastructure has become mission-critical. We built Mesh to address that challenge, centering our work around two core pillars:

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Solving fragmentation: We created a single “network of networks” uniting wallets, exchanges, and blockchains so payments and conversions can work across platforms by default. 

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Unlocking “any-to-any payments”: We launched SmartFunding orchestration, allowing consumers to pay with the assets they already hold while merchants settle instantly in their preferred currency. 

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Concurrent with this work, we’ve expanded our global network to support customers and partners across Latin America, Asia, and Europe. 

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With this Series C, we’re entering the next stage of our journey. The funding will allow us to continue building and scaling our products, expand our global presence, and invest further in the infrastructure needed to support a truly tokenized, borderless economy. 

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Our goal is to build the universal payments network for crypto–one that works without silos, without friction, and without artificial constraints.

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We’re deeply grateful to our customers and partners for their trust and collaboration, and we want to thank our investors for their continued support. This round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures.

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A new era of payments is beginning, and we’re excited to help shape it. We’re just getting started.

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