🚀 We're thrilled to announce our $82M Series B fundraise to build the first truly global crypto payments network! The biggest obstacle to crypto adoption isn't regulation or volatility - it's the inability to easily pay for everyday goods with digital assets. This round, led by Paradigm, with participation from Consensys, QuantumLight, Yolo Investments, Evolution VC, Hike Ventures, Opportuna, AltaIR Capital, and others, was primarily settled with PayPal USD (PYUSD) stablecoin to close funding instantly, and Mesh’s technology was used to transfer the assets securely – demonstrating firsthand the power of what we're building. Massive thanks to our visionary investors, incredible partners, and the amazing Mesh team driving our mission forward - none of this would have been possible without you! The future is digital, open, and frictionless payments using stablecoins, and we are leading the charge. Check out our CEO and Co-Founder Bam Azizi's full announcement below ⬇️
🚨 ⚡ Breaking: I’m proud to share that Mesh has raised $82 million in Series B funding to build the first truly global #crypto #payments #network – one that makes crypto as easy, seamless, and universal to use as fiat. Most of the investments were closed with PayPal USD (#PYUSD) stablecoin. This round, led by Paradigm (Charlie Noyes & Matt Huang) with participation from Consensys, QuantumLight (Ilya Kondrashov & Nik Storonsky), Yolo Investments, Evolution VC, Hike Ventures, Opportuna and AltaIR Capital, and brings our total funding to over $120 million. (Read more in comments) Regulatory clarity is taking shape, institutions are leaning in, and #stablecoins are booming. The industry has gotten everything it could have asked for – and then some. Crypto finally has its shot at mainstream adoption. The industry is ready, the technology is ready and we believe #Payments are the unlock. 💡 What is Mesh and How it solves the crypto payments challenges? Mesh is building the #network that connects #wallets, #exchanges, Payment Service Providers (PSPs), and businesses as one cohesive operating system. Users can pay with any asset they hold – BTC, ETH, SOL – while merchants settle in the #stablecoin of their choice: PYUSD, RLUSD, USDC. It’s seamless, instant, and works everywhere. Just like it should. It’s the foundational infrastructure for a #borderless, open financial system. A system where payments aren’t confined by geography, banking hours, or asset types. One network that works across #TradFi and #crypto. Our technology already powers payments, deposits, and transfers across 300+ wallets, exchanges, and platforms. We reach over 400 million users in 100+ countries. With this capital, we’re expanding globally to making crypto payments as easy as using a credit card. Thank you to everyone on the Mesh team and all of our investors and advisors for their brilliance, hard work, and inspiration. This milestone would not have been possible without their continued support and trust in our vision. We look forward to entering this next phase of growth together. Special thanks to Anil Arora, Mahsa Vazin, PhD , Money Forward, Inc., PayPal Ventures (James Loftus, Amman Bhasin and Ashish Aggarwal), Galaxy (Mike Giampapa), Kevin Patrick Mahaffey, Gokul Rajaram, Streamlined, John S. Kim, Samsung Next, Ezio Mantegazza, Tommaso Conca, Motivate Venture Capital, Abbas F. ("Eddy") Zuaiter, Nik Milanović, Steve McLaughlin, Amir Kabir 🤓, ChenLi Wang, Cindy X Bi, Arash Ferdowsi, Florida Funders and all of our existing investors and advisors for their unwavering support. And we are hiring! DM me to build the future together. #Crypto #Payments #Stablecoins #Fundraise #Mesh