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Crypto Payments Network 'Mesh' Raises $75M, Achieves Unicorn Status
Dragonfly Capital led the Series C raise.
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Crypto payments network Mesh has closed a $75M Series C fundraising round, which values the company at $1B. Founded in 2020, Mesh is building a globally interconnected crypto payments network to enable seamless digital asset payments and conversions.
What's the Scoop?
- Fresh Funding: Mesh has closed a $75M Series C funding round, bringing its total amount raised to over $200M and valuing the company at $1B. Dragonfly Capital led the round, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures.
- Product Functionality: Mesh is trying to make crypto payments practical at scale. Proprietary "SmartFunding" technology enables any-to-any payments, allowing consumers pay with whatever asset they hold (like BTC or SOL) while merchants receive instant settlement in their preferred form (e.g., USDC, PYUSD, or local currency).
- Growth Ambitions: According to a press release about the raise, the raise will accelerate Mesh's expansion in Latin America, Asia, and Europe, strengthening a global network that claims to reach more than 900M users worldwide.
🎉 Mesh has closed a $75M Series C at $1B valuation. 🦄
— Mesh (@meshpay) January 27, 2026
This is more than a funding round–it’s the beginning of the end for legacy payments.
For too long, global commerce has been stuck with systems that are slow, siloed, and expensive for both merchants and users. That era is… pic.twitter.com/obUnVp3uYS