- Mesh raises $130M to expand global crypto payment solutions.
- SmartFunding technology enables instant crypto-to-stablecoin conversion.
- Partnerships with PayPal, Coinbase, and ByBit boost reach to hundreds of millions of users.
Crypto payments network Mesh has raised over $130 million in a funding round led by top investors, including PayPal Ventures, Coinbase Ventures, Uphold, ByBit’s Mirana Ventures, and SBI Investment. The capital will support Mesh’s expansion in the global payments market, enhancing its infrastructure and product offerings.
🚨 Excited to share we’ve raised our total funding to over $130M, with additional capital from @PaypalVentures, @coinbase Ventures, @UpholdInc, @mirana (VP for @bybit), SBI Investment, Overlook Ventures, Kingsway Capital, @ModerneVentures, CE-Ventureshttps://t.co/dlTYhetThv
— Mesh (@meshconnectapi) August 14, 2025
Seamless Crypto-to-Stablecoin Transactions
Mesh powers PayPal’s “Pay with Crypto” feature, allowing customers to pay using more than 100 wallets and cryptocurrencies. Its SmartFunding engine instantly converts crypto into stablecoins, ensuring merchants receive payments in their preferred currency without delays. Recent transactions using PayPal USD (PYUSD) demonstrate Mesh’s ability to deliver fast, secure, and real-time settlement.
CEO Bam Azizi emphasizes that Mesh simplifies crypto payments by bridging wallets, exchanges, and stablecoins. “People can pay and receive funds instantly, without worrying about asset differences,” he said. This approach eliminates the friction often experienced in crypto commerce, making transactions smooth for both merchants and customers.
Market Reach and Strategic Expansion
Mesh’s network connects to major exchanges, including Coinbase, Binance, ByBit, and OKX, covering hundreds of millions of crypto users globally. The new funding will fuel API development, the addition of new products, and expansion to more payment platforms.
Amman Bhasin, Partner at PayPal Ventures, highlighted the company’s proven ability to deliver security, compliance, and scalability essential for mainstream crypto adoption. With over $200 billion in stablecoins handling $27.6 trillion in transactions, Mesh is positioned to unlock liquidity and create a truly borderless payment ecosystem.
Also Read: PayPal Expands PYUSD Stablecoin for Merchants & Gig Workers
Paving the Way for Global Crypto Payments
Mesh’s $130 million funding round underscores growing investor confidence in crypto payments infrastructure. By combining its SmartFunding technology with strategic partnerships, Mesh is set to enable seamless, real-time crypto transactions worldwide. The company’s vision is clear: a future where anyone can pay with any asset, anywhere, at any time.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
