Mesh Secures $130M to Expand Crypto Payments Infrastructure

Mesh has raised $130 million in new funding, with participation from prominent investors including PayPal Ventures, Coinbase Ventures, Uphold, ByBit’s Mirana Ventures, SBI Investment, and others [1]. The additional capital underscores the continued confidence in the crypto payments infrastructure firm, following a $82 million Series B round led by Paradigm just five months ago [1]. The funds will be used to expand Mesh’s global payments capabilities, grow its application programming interfaces (APIs), and integrate with more payment platforms [1].

The round also featured PayPal USD (PYUSD), PayPal’s own stablecoin, as a demonstration of how Mesh enables fast, secure, and scalable transactions [1]. This aligns with the company’s mission to bridge traditional finance and the crypto ecosystem through stablecoin-driven infrastructure [1]. Mesh’s technology already powers PayPal’s “Pay with Crypto” feature, enabling users to transact with over 100 wallets and cryptocurrencies [1]. The SmartFunding engine within the platform allows instant conversion of crypto into stablecoins, ensuring merchants receive payments in their preferred currency without additional steps or delays [1].

The firm’s expansion is supported by its integration with major crypto exchanges like Coinbase, Binance, ByBit, and OKX, reaching hundreds of millions of users [1]. According to CEO and Co-Founder Bam Azizi, Mesh aims to simplify the use of different wallets and exchanges by converting crypto into stablecoins for payments, funding, and settlement [1]. Amman Bhasin, Partner at PayPal Ventures, highlighted that Mesh has demonstrated the security, compliance, and scale required for mainstream crypto payments, justifying the increased investment [1].

Mesh’s platform also helps unlock liquidity with stablecoins, managing over $200 billion in assets and processing $27.6 trillion in transactions [1]. The company envisions a future where digital payments are seamless, with users able to pay with any asset from anywhere at any time [1]. The strategic backing from PayPal and Coinbase not only provides financial support but also reinforces the broader industry shift toward integrating stablecoins into everyday financial systems [1].

The $130 million funding round signals a growing consensus on the importance of crypto infrastructure and stablecoins in the evolution of global payments [1]. As Mesh continues to develop its technology, it is well-positioned to shape the future of digital transactions by making them faster, more efficient, and more inclusive [1].

Sources:

[1] Mesh Funding Soars: PayPal & Coinbase Back Crypto Payments Firm (https://coinmarketcap.com/community/articles/689dda46cd503f0cdaa2273f/)

[2] Mesh Raises $130M From Investors Including PayPal, ... (https://www.cryptotimes.io/2025/08/14/mesh-raises-130m-from-investors-including-paypal-coinbase/)