Mesh raises $75m at $1bn valuation to unify digital asset payments

January 28, 2026

Mesh, a digital asset payments network, has closed a $75m Series C funding round that values the company at $1bn, as it accelerates plans to build a universal infrastructure for digital asset-based payments.

The funding round was led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment and Liberty City Ventures. With this raise, Mesh has now secured more than $200m in total funding since launch.

The company positions itself as addressing inefficiencies in traditional payment rails by connecting a fragmented global digital asset ecosystem. Mesh aims to bypass slow settlement times and high fees by providing a single network that enables interoperability across wallets, blockchains and digital assets, as the sector shifts from experimentation toward real-world adoption.

Proceeds from the Series C will be used to support Mesh’s international expansion across Latin America, Asia and Europe, while also accelerating product development and strengthening its global network.

Mesh said its infrastructure already reaches more than 900 million users worldwide. The company has previously announced an expansion into India, highlighting the country’s young, technology-focused population and more than $125bn in annual remittances. It has also disclosed support for Ripple USD and partnerships with Paxos and Rain.

Founded in 2020, Mesh is building a global digital asset payments network that connects exchanges, wallets and financial services platforms. Through its proprietary SmartFunding technology, the company enables an “any-to-any” payments model, allowing consumers to pay with digital assets while merchants receive instant settlement in their chosen stablecoin or local fiat currency.

Mesh co-founder and CEO Bam Azizi said, “Crypto is crowded by design, with new tokens and new protocols emerging every day.

“That fragmentation creates real friction in the customer payment experience. We are focused on building the necessary infrastructure now to connect wallets, chains, and assets, allowing them to function as a unified network. This funding validates that the winners of the next decade won’t be those who issue the most tokens, but those who build the network of networks that makes traditional card rails obsolete.”