Fundz

PayPal invests $5 million of its PYUSD stablecoin into Plaid-for-crypto startup Mesh

PRIVATEJan 29, 2024

Amount Raised

$6.5 Million

Round Type

Funding Round

Financial Services

Investors

Samsung NEXTGalaxyMoney ForwardPay Pal Ventures

Description

PayPal Ventures invested $5 million in PYUSD stablecoin and an additional $1.5 million in cash into Mesh, following the startup’s $22 million Series A funding round last year.

Quick answer

Mesh raised $6.5 Million in a Funding Round round, dated January 29, 2024. Investors: Samsung NEXT, Galaxy, Money Forward and Pay Pal Ventures.

How much did Mesh raise?
Mesh raised $6.5 Million in a Funding Round round on January 29, 2024.
Who invested in Mesh?
Samsung NEXT, Galaxy, Money Forward and Pay Pal Ventures are named as investors in this round.
What does Mesh do?
Mesh enables safer, easier crypto transfers and payments from 300+ leading exchanges and wallets, all without leaving your platform
Where is Mesh based and how big is it?
Fundz records about 160 employees.
Who are the decision-makers at Mesh?
Fundz holds 1 contact at Mesh. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

Companies in the same sectors as Mesh that raised within 45 days of this round, from Fundz verified event records.

  • Asgard Therapeutics raised $33M (Series A) on March 14, 2024.
  • Icon Solutions raised an undisclosed amount on March 14, 2024.
  • Tuum raised $27M (Series B) on March 14, 2024.
  • Vesta Equity raised an undisclosed amount on March 14, 2024.
  • Youverify raised $2.5M (Pre-Series A) on March 14, 2024.
  • PPRO raised $85M (Funding Round) on March 13, 2024.

Who to call at Mesh, and when

A new round usually means Mesh is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Mesh raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Mesh, from your own LinkedIn network

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Company Information

Company

Mesh

About

Mesh enables safer, easier crypto transfers and payments from 300+ leading exchanges and wallets, all without leaving your platform

AI made execution free. Knowing first is the whole game now.

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Mesh raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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