Mesh, the company that apparently has a magic formula for raising capital, announced it scored additional funding on August 14, 2025. And guess who’s in on it? Paypal Ventures, among others, of course. The total funding haul is now comfortably over $130 million. If that’s not impressive, I don’t know what is.
Mesh Grabs a Massive Pile of Cash to Supercharge Crypto Payments
So, who exactly threw money at Mesh this time? Well, let’s start with the obvious: Paypal Ventures. Oh, and don’t forget about Coinbase Ventures, Uphold, Mirana Ventures, SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures, and CE-Ventures. It’s like the Avengers, but for crypto payment platforms. Mesh’s technology is behind Paypal’s “Pay with Crypto” service, so it seems like things are moving fast in this space, right?
Mesh, if you were wondering, claims that its tech supports payments across over 100 cryptocurrency wallets and digital assets. That’s not too shabby. And, thanks to its Smartfunding engine (a fancy way of saying “we make payments work better”), merchants can accept crypto payments and receive instant settlement in either stablecoins or fiat currency. Talk about bridging the gap between crypto enthusiasts and old-school merchants. Problem solved! 🙌
Oh, and fun fact: Most of the new funding was actually settled in Paypal’s PYUSD stablecoin. So, for those wondering if stablecoins are here to stay, well, here’s a billion-dollar vote of confidence. Mesh plans to use the funds to ramp up its expansion, scale APIs, and develop products for crypto and payment platforms globally. It’s not just a startup; it’s a global disruptor in the making. 🌍
And, of course, Amman Bhasin from Paypal Ventures had to weigh in. He’s all about security, compliance, and scalability. In short, Mesh has what it takes to build infrastructure for enterprises to get on board with crypto payments. You know, the kind of thing that could potentially reshape how we pay for everything-like the way we swipe a card or tap a phone today.
Let’s not forget the big picture: The stablecoin market is already worth over $200 billion and processes trillions in transactions. Mesh is betting big on this growing space and plans to increase liquidity across digital assets with its orchestration technology. It’s almost like Mesh is betting on crypto to become as normal as, say, the $5 latte at your local café. ☕
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2025-08-14 23:35