Mesh Raises $75M, Hits $1B Valuation to Build Global Crypto Payments Rails
Mesh, a crypto payments platform, said Friday it secured $75 million in a Series C that values the company at $1 billion, marking its entry into unicorn territory. The funding is earmarked to scale its global payments infrastructure and accelerate efforts to unify fragmented digital-asset payment rails across jurisdictions, aiming to make merchant acceptance and cross-border settlement smoother.
The raise underscores investor interest in infrastructure that supports real-world crypto use cases beyond trading. If Mesh can deliver interoperable rails and reliable fiat on/off ramps, it could reduce friction for merchants and pose a competitive challenge to traditional payment processors and niche crypto payment providers. Execution risks remain, however: regulatory clarity and widespread merchant adoption will be critical to turning this valuation and runway into lasting market impact.