Mesh Secures $75M Series C at $1B Valuation to Disrupt Legacy Payments
Mesh, a crypto payment network, has closed a $75 million Series C funding round led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, SBI Investment, and Liberty City Ventures. The round values the company at $1 billion, bringing its total funding to over $200 million. Mesh positions itself as the backbone of the tokenized economy, focusing on infrastructure rather than speculation.
The firm aims to eliminate the inefficiencies of traditional finance—slow settlement times and high fees—by connecting global crypto markets. Expansion into Latin America, Asia, and Europe is now accelerated, with Mesh already boasting 900 million users worldwide. "This is the beginning of the end for legacy payments," the company declared in a tweet, signaling a shift toward frictionless global commerce.
