Mesh, a San Francisco, CA-based modern connectivity layer for crypto that makes payments and deposits, received a strategic investment from QuantumLight.
The amount of the deal was not disclosed.
The investment values Mesh at triple the pre-money valuation of its Series A following growth since the start of 2024.
Led by CEO Bam Azizi, Mesh aims to build an open, connected, and secure crypto ecosystem. The product, which has already been implemented by the likes of MetaMask, MoonPay, and Fireblocks, enables users to connect, deposit, and pay with their crypto accounts across hundreds of other platforms, all embedded within their existing experience. It has over 300 integrations available.
As the modern connectivity layer for crypto, it allows new use cases such as crypto payments and payouts, deposits, on and off-ramping, transfers, and more within a unified platform.
The company has raised $45M+ to date from PayPal Ventures, Money Forward, Galaxy, Samsung Next, and other VCs and angel investors like Gokul Rajaram.
FinSMEs
16/08/2024