Leading crypto payment network Mesh has raised $75 million in Series C funding led by Dragonfly Capital, valuing the company at $1 billion. Other investors in this round include Paradigm and Coinbase Ventures, bringing Mesh's total funding to over $200 million. The company plans to use the funds to expand into Latin America, Asia, and Europe, and to develop its unified payment network aimed at connecting fragmented crypto markets and bypassing the slow and costly traditional financial settlement processes.
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Leading crypto payment network Mesh has raised $75 million in Series C funding led by Dragonfly Capital, valuing the company at $1 billion. Other investors in this round include Paradigm and Coinbase Ventures, bringing Mesh's total funding to over $200 million. The company plans to use the funds to expand into Latin America, Asia, and Europe, and to develop its unified payment network aimed at connecting fragmented crypto markets and bypassing the slow and costly traditional financial settlement processes.