Mesh Payments Network Raises $75 Million, Acquires Unicorn Status
Mesh's $75 million funding led by Dragonfly supports expansion into Latin America, Asia, and Europe, reaching 900 million users and advancing global crypto payment adoption.
- On Jan. 27, 2026, Mesh raised $75 million in a Series C led by Dragonfly Capital, valuing the crypto payments infrastructure provider at $1 billion.
- Amid fragmentation in the crypto payments landscape, investors are channeling capital into infrastructure as the industry shifts from experimentation to real-world adoption despite a depressed spot market.
- Bam Azizi said SmartFunding supports any-to-any payments with instant settlement in USDC, PYUSD, and Ripple USD, backed by partners Paxos and Rain, adding that `Crypto is crowded by design, with new tokens and new protocols emerging every day`.
- The funding accelerates expansion into Latin America, Asia and Europe, backs India growth citing $125B+ remittances, and shows global institutions adopting blockchain settlement, Mesh said.
- With stablecoins at a $300B market cap and over $27T in annual volume, Mesh says a portion of its $75M round was settled using stablecoins to showcase real-world readiness.
11 Articles
11 Articles
Mesh Secures $75M Series C, Reaches $1B Valuation to Build the Universal Crypto Payments Network
/PRNewswire/ -- Mesh, the leading crypto payments network, today announced it closed a $75 million Series C funding round, bringing its total amount raised to...
Crypto Infrastructure Firm Mesh Reaches $1B Valuation
That shift is now being reflected in valuations. Mesh Connect has reached unicorn status after closing a new funding round that values the company at $1 billion, a milestone driven not by user growth hype but by real transaction volume flowing through its network. Key Takeaways Mesh reached a $1B valuation driven by real crypto payment volume, not hype. Investors are betting on crypto infrastructure, not consumer apps. Mesh aims to expand glob…
Mesh raises $75M Series C to Expand Crypto Payments Network
Mesh, a San Francisco–based crypto payments infrastructure company, raised $75 million in a Series C funding round led by Dragonfly Capital, bringing its total funding to more than $200 million and valuing the company at $1 billion. The round included participation from Paradigm, Moderne Ventures, SBI Investment, Coinbase Ventures and Liberty City Ventures, according to an announcement on Tuesday. Mesh said a portion of raised funds was settled …
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