Mesh Secures $75M Series C Funding, Establishes $1B Valuation to Advance Universal Crypto Payment Infrastructure

Payment infrastructure startup Mesh has completed a Series C funding round of $75 million, pushing its total capital raised above $200 million and establishing a $1 billion valuation. The funding milestone reflects growing market interest in solving fragmented global payment systems through crypto-based solutions. Mesh positions itself as a bridge across blockchain networks and digital assets, aiming to create a unified payment experience for both consumers and merchants globally.

The fresh capital deployment signals the company’s confidence in scaling its vision for what it calls a “Universal Crypto Payment” framework—essentially a system where users can pay with any supported digital asset while merchants receive instant settlement in their preferred format, whether stablecoins or traditional currencies. This model addresses a persistent challenge in digital payments: the proliferation of isolated blockchain networks and asset types that create friction for end users.

Mesh Accelerates Expansion Across Key Emerging Markets

The funding fuels Mesh’s geographic expansion strategy, targeting rapid growth in Latin America, Asia, and Europe. The company has leveraged existing network partnerships to extend its reach to over 900 million users, demonstrating how existing infrastructure can be mobilized for crypto payment adoption at scale. India represents a particularly strategic focus, with the company identifying substantial growth potential in cross-border remittance flows—a sector where crypto payments could significantly reduce intermediaries and processing costs.

Building on its expansion momentum, Mesh has deepened partnerships with established players including Paxos and Rain, while adding support for Ripple USD. These collaborations underscore Mesh’s asset-agnostic approach, positioning the company as a neutral connector layer rather than a platform betting on any single blockchain or digital asset. This strategy appears designed to appeal to regulators and institutional players who require technology-neutral solutions.

Unified Infrastructure Tackles Blockchain Fragmentation

As the crypto ecosystem expands with new stablecoins and blockchain networks, fragmentation has become a genuine user friction point. Mesh applies proprietary technology called SmartFunding to abstract away this complexity, enabling seamless transactions across previously isolated networks and liquidity pools. The mechanics work straightforwardly: a consumer initiates a payment in one asset on one network, and the system automatically handles conversion, routing, and settlement without requiring manual intervention from either buyer or seller.

The infrastructure consolidates multiple asset types into a single payment experience, enabling users to spend any supported token while merchants receive settlement instantly in USDC, PYUSD, or fiat currencies like US dollars or euros. Mesh emphasizes that this layer of abstraction becomes increasingly valuable as the stablecoin market continues expanding—the sector has already reached a $300 billion market capitalization, creating a much larger addressable market for payment solutions that can seamlessly integrate multiple assets.

Enterprise-Level Settlement Demonstrates Crypto’s Readiness for High-Value Transactions

Notably, Mesh processed a portion of the Series C round itself through stablecoin settlement on blockchain networks. This move serves a dual purpose: it validates that the company’s infrastructure can handle high-value transactions with the execution controls and transparency that enterprise clients require, while simultaneously demonstrating the viability of crypto-based settlement for institutional transactions.

By processing part of its own funding through blockchain rails, Mesh makes a tangible statement about the maturity of its systems. The company argues that crypto-based settlement offers advantages over legacy payment infrastructure—faster processing times, transparent on-chain records, and reduced intermediary steps. The framing positions blockchain settlement not as a speculative novelty but as a pragmatic infrastructure upgrade for modern commerce, particularly when paired with regulatory compliance and governance structures.

Positioning for Institutional Adoption and Long-Term Scale

The capital raise arrives at a moment when global interest in crypto payments continues to grow, yet fragmentation remains a barrier to mainstream adoption. Mesh’s strategy centers on becoming the plumbing layer that makes this transition seamless—the infrastructure that enterprises, fintechs, and payment processors can build on without requiring deep expertise in blockchain mechanics.

The company’s thesis is straightforward: as real-world adoption accelerates and traditional finance increasingly integrates with blockchain-based systems, only a unified payment infrastructure capable of abstracting away technical complexity will achieve scale. Mesh is positioning itself to own that foundational layer, providing a neutral platform across chains and assets. The $1 billion valuation and expanded capital base suggest investor confidence in this thesis and the company’s execution ability to capitalize on the transition toward borderless, low-friction digital payments.