Mesh Raises $75M Series C at $1B Valuation to Power Universal Crypto Payments

A PayPal and National Cryptocurrency Association study finds 4 in 10 U.S. merchants accept cryptocurrency, with digital natives increasingly using it for everyday purchases. The report frames crypto payments as moving from niche to mainstream in the U.S.

Hong Kong on Jan 31, 2026 enacted new rules for stablecoins and tightened overall crypto oversight, calling the sector a “new growth engine.” Regulators say the move creates clearer frameworks for market participants and aims to boost investor protection and market integrity.

SoFi reported a record quarterly revenue of $1 billion in Q4 after reintroducing crypto trading, launching a stablecoin, and deploying blockchain-based remittance services. The fintech says its crypto products materially contributed to heightened user activity and new revenue streams.

A Kraken-affiliated SPAC completed an upsized IPO on Jan. 30, 2026, raising $345 million. The capital boost reflects continued investor interest in crypto-focused acquisition vehicles.

Revolut has begun full banking operations in Mexico after obtaining a banking license through a direct application, targeting digital-first consumers seeking an alternative to incumbent banks. The move expands the neobank’s global footprint and raises the stakes in Mexico’s competitive fintech market.