This funding follows closely on Mesh’s key role in helping PayPal roll out its recent “Pay with Crypto” feature
Mesh, a leader in crypto payments, has secured fresh investments from industry heavyweights like PayPal Ventures, Coinbase Ventures, Uphold, and others bringing its total funding to over $130 million. This milestone fuels Mesh’s mission to transform the global payments landscape and make paying with crypto as seamless as tapping a card.
If you’ve ever wondered how PayPal’s “Pay with Crypto” works, Mesh is the tech powering it. Their SmartFunding orchestration engine allows consumers to pay using more than 100 different wallets and cryptocurrencies, instantly converting assets into stablecoins for smooth, secure transactions. For merchants, that means they can easily connect to a $3 trillion market with over 650 million crypto users without worrying about the technical or operational headaches.
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Bam Azizi, Mesh’s Chief Executive Officer and Co-Founder, sums it up with a vision anyone can relate to: “We’re creating a seamless bridge between people and businesses making it possible for anyone to pay with whatever asset they have, whenever they want. It’s about making payments as simple and natural as they should be.”
In fact, most of this latest funding was settled in PayPal USD (PYUSD) stablecoin, instantly transferred using Mesh’s own technology — a real-world showcase of how fast and reliable stablecoin transactions can be. With integrations across major exchanges like Coinbase, Binance, ByBit, and OKX, Mesh already reaches hundreds of millions of users. Now, this new funding will help them scale their APIs, expand product offerings, and bring their payment solutions to even more platforms worldwide.
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Amman Bhasin, Partner at PayPal Ventures, put it in straightforward terms: “Mesh is laying the groundwork for the future of payments, making it easy for businesses to bring crypto payments, transfers, and shopping experiences right into their own apps.”. They’ve proven they can deliver the security, compliance, and scalability enterprises demand.”
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With the stablecoin market valued at over $200 billion and handling $27.6 trillion in annual transactions, the demand for stable, easily spendable digital assets is skyrocketing. Mesh is at the heart of that shift, making any asset usable anywhere — and redefining what it means to pay in the digital age.
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Source: prnewswire