According to Foresight News , crypto payment network Mesh announced the completion of a $75 million Series C funding round, valuing the company at $1 billion post-money. The round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures.
The company has raised over $200 million in total funding. This round of funding will be used to accelerate expansion in Latin America, Asia, and Europe, and to drive product development. Mesh positions itself as an asset-agnostic unified payment network, already covering over 900 million users. It supports users to pay with any asset such as Bitcoin and Solana, while merchants settle instantly with stablecoins such as USDC and PYUSD or their local fiat currencies. Part of this round of funding was also settled in stablecoins.
