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Jeeves raises $110 million in an equity round led by CoinFund to scale its stablecoin-native banking platform across 35 countries.
Y CombinatorWintermuteVistaParafiGlobal Paytech VenturesGICCRVCoinbase VenturesAndreessen HorowitzAllianceBernsteinCoinfund
Description
Jeeves has announced $110 million in equity funding to launch its proprietary stablecoin wallet with payouts to 190 countries. The round was led by CoinFund, alongside participation from notable investors including Andreessen Horowitz and Coinbase Ventures. With this funding, Jeeves aims to expand its stablecoin card offering while enhancing its services for global enterprises. The company’s revenue has grown 4x over the past 14 months, highlighting its rapid expansion in the financial technology sector.
Company Information
Company
Jeeves
Location
Miami, Florida, United States
About
Jeeves is a stablecoin-native banking platform that serves global enterprises across various sectors, including technology, finance, and e-commerce. With its innovative solutions, the company facilitates fast and cost-effective financial operations for businesses operating in multiple countries. Its offerings include corporate cards, accounts payable, and treasury payments, among others. Jeeves aims to revolutionize the way enterprises handle their financial transactions globally.
Fundz sees it the moment Jeeves raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
MiamiFinancial ServicesFinanceFintechLendingBanking