Mesh Payments: Raises $50M in Series B Funding

Mesh Payments Raises $50M in Series B Funding

  • Mesh Payments, a NYC-based corporate payment and spend management platform, raised $50m in Series B funding.
  • The round was led by Tiger Global with participation from Entrée Capital, Falcon Edge Capital and existing investors TLV Partners and Meron Capital
  • The company plans to use the funding to continue its accelerated growth, expand its US operations and introduce additional products
  • The company Payments provides a corporate payments platform that enables finance managers to streamline their entire payments from a single solution
  • In doing so, businesses get full control over their spend together with tailored insights for each payment and the tools needed to optimize their spend in real-time
  • The company provides a full solution tailored to individual payment types, SaaS payment management, travel payment management and more
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...