Mesh, the global crypto payments network, has secured $75 million in a Series C funding round, bringing its total funding to over $200 million and cementing a $1 billion valuation. This major milestone positions Mesh as a leader in streamlining blockchain-based payment solutions worldwide.
Global Expansion and Market Reach
The recent funding will bolster Mesh’s strategic growth into key regions such as Latin America, Asia, and Europe. With a young population and $125 billion in annual remittances, India already serves as a pivotal market for Mesh. Currently, the platform caters to over 900 million users, and the company’s expansion efforts focus on making cross-border payments faster and more cost-effective.
Tackling Fragmentation with SmartFunding Technology
Mesh is addressing the complexities of navigating multiple wallets and blockchain protocols by positioning itself as a unified network. Using proprietary SmartFunding technology, the platform enables consumers to pay with any cryptocurrency, such as Bitcoin or Solana, while merchants can receive instant settlement in their preferred fiat or stablecoin (e.g., USDC or PYUSD).
This innovative system eliminates the inefficiencies tied to traditional card payment rails, offering a seamless and interoperable payment experience. A significant portion of the Series C funding was settled using stablecoins, underscoring the platform’s enterprise-readiness for large-scale transactions.
Investor Confidence and the Future of Payments
The Series C round, led by Dragonfly Capital, attracted prominent investors such as Paradigm, Coinbase Ventures, Moderne Ventures, SBI Investment, and Liberty City Ventures. Bam Azizi, Co-founder and CEO of Mesh, stated, “We are building the necessary infrastructure to connect wallets, chains, and assets into a unified network.”
Rob Hadick, General Partner at Dragonfly Capital, emphasized that Mesh is creating an interoperability layer to make crypto practical at scale. Merchants experience instant settlements in their chosen stablecoin or fiat, while users enjoy flexibility with asset choice.
The Rise of Stablecoins and Future-Proof Blockchain Solutions
As stablecoins grow into a $300 billion market cap (as of 2025), Mesh provides a neutral layer that fuels liquidity across fragmented ecosystems. This design allows for seamless digital asset interoperability, proving that blockchain payments are both efficient and compliant on an enterprise level.
For individuals and businesses eager to embrace the future of payments, Mesh exemplifies how blockchain technology is redefining core financial processes. With its unified platform and innovative approach to cross-border payments, Mesh is set to become the backbone of global crypto transactions.
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