Mesh is a private financial technology company that operates a global crypto payments network. Headquartered in San Francisco, California, the company provides an embedded finance platform that functions as an interoperability layer for the digital asset ecosystem. ^{[2] [3]}

Through a single Application Programming Interface (API), Mesh connects hundreds of cryptocurrency exchanges, digital wallets, and financial applications to unify asset transfers and payments. In January 2026, the company announced it had achieved a valuation of $1 billion, becoming a unicorn company in the fintech sector. ^[1]​

Overview

Mesh was founded to address the growing fragmentation within the cryptocurrency market. The company identified that the proliferation of new blockchains, tokens, and stablecoins, while indicative of industry growth, created significant friction for users and businesses. This fragmentation resulted in isolated pockets of liquidity and a complicated user experience for moving assets or making payments across different platforms. Mesh refers to this issue as the "Stablecoin Paradox." ^[1]​

The company's core solution is a universal payments network that functions as a neutral, unifying infrastructure layer. Industry commentators and the company itself often describe its service as "Plaid for crypto," drawing a parallel to how Plaid connected disparate traditional bank accounts for fintech applications. ^{[3] [2]}

Mesh's network allows end-users to pay with any cryptocurrency from any connected wallet or exchange without leaving the merchant's app. For businesses, the platform offers instant settlement in their preferred asset, such as a stablecoin or fiat currency, thereby mitigating the risk of price volatility associated with many cryptocurrencies. ^{[4] [3]}​

By abstracting away the underlying complexity of cross-chain and cross-asset transactions, Mesh aims to make digital assets universally spendable. The company's long-term vision is to provide a modern financial infrastructure that can serve as a faster, more efficient, and less expensive alternative to traditional payment card rails for global commerce. ^{[1] [2]}​

History

Mesh was founded in 2020 by Bam Azizi and Adam Israel. ^{[4] [3]} The company established its presence on social media in August 2020 and began building its network. ^[2] In 2021, Mesh raised a $5.5 million seed funding round to accelerate its initial product development. ^[4]​

The company continued to grow, securing $22 million in a Series B funding round in May 2023, led by investors including Valar Ventures and Foundation Capital. ^[4] During the period leading up to 2026, Mesh focused on strategic expansion and partnerships. It expanded its services into India, targeting the country's large remittance market and tech-savvy population. During this time, it also announced key partnerships with regulated blockchain infrastructure firm Paxos and cryptocurrency exchange Rain. Furthermore, Mesh announced it would support Ripple USD (RLUSD), a stablecoin from Ripple. ^[1]​

Unicorn Announcement

On January 27, 2026, Mesh announced it had secured 1 billion, officially granting it "unicorn" status. The company stated that a portion of the Series C investment was settled using stablecoins, serving as a proof-of-concept for its own enterprise-grade payment capabilities. With this round, Mesh's total capital raised exceeded $200 million. ^{[3] [1]}​

Technology and Products

Mesh provides a suite of API

• and SDK-based products, often referred to as the "Mesh Stack," which serves as a unified financial infrastructure layer for digital assets. The platform is built around an "any-to-any" payment model designed for interoperability. ^{[4] [1]}​

At the core of its technology is a proprietary system called SmartFunding. This technology abstracts away the complexities of crypto transactions, allowing a consumer to initiate a payment with any supported crypto asset from any connected platform, while the merchant receives an instant settlement in their preferred currency, such as a stablecoin (e.g., USDC, PYUSD) or fiat currency (e.g., USD, EUR). ^{[3] [1]}​

The Mesh Stack includes several key product offerings:

• Payments / Pay: An embedded checkout experience that enables businesses and merchants to accept crypto payments from any wallet or exchange directly on their website or application. The system aims to lower fees, reduce transaction failures, and provide immediate settlement to protect merchants from volatility. ^{[4] [3]}
• Deposits / Pay-ins / Move: A service allowing users to deposit funds into an application from over 300 integrated platforms, including exchanges like Coinbase and self-custody wallets like MetaMask. This functionality is designed to be a seamless, one-click experience that keeps the user within the partner's application, increasing asset inflow and conversion rates. ^{[4] [2]}
• Payouts: Functionality that facilitates businesses in sending crypto payouts to users or partners. ^[4]
• Account Aggregation: An interface that allows end-users to connect and view balances from their various crypto accounts, including both custodial exchange accounts and non-custodial wallets, in a single, unified view. ^[3]
• Verification: A service for quickly and securely verifying wallet ownership, which is a critical component for compliance (KYC/AML) and security protocols. ^[4]
• On and Off-Ramps: The platform provides the underlying infrastructure for users to move between fiat currency and cryptocurrency. ^[4]

These products are designed to serve various industries by embedding directly into their existing platforms, eliminating the need for users to manage QR codes or manually copy and paste wallet addresses. ^[2]​

Funding

As of January 2026, Mesh has raised over 1 billion. ^{[3] [1]}​

A summary of the company's major funding rounds is detailed below.

Round	Date Announced	Amount	Lead Investor(s)	Notable Participating Investors	Post-Money Valuation
Series C	January 27, 2026	$75 million	Dragonfly Capital	​Paradigm, Coinbase Ventures, Moderne Ventures, SBI Investment, Liberty City Ventures, GIC, Crescent Enterprises	$1 billion
Series B	May 2023	$22 million	N/A	Valar Ventures, Capital	N/A
Seed	2021	$5.5 million	N/A	N/A	N/A

The funds from the Series C round were earmarked to accelerate the company's global expansion into Latin America, Asia, and Europe, as well as for continued product development and team growth. ^{[3] [2]}​

Use Cases and Market Adoption

Mesh targets a variety of industries by embedding its payment and transfer infrastructure into their platforms. Key target sectors include: ^[4]​

• Payment Service Providers (PSPs): Allowing PSPs to offer crypto payment acceptance as a service to their merchant clients.
• Web3 (Wallets & Exchanges): Helping Web3 platforms streamline user onboarding and funding by enabling asset transfers from any source.
• Gaming (iGaming): Providing embedded deposit solutions to keep players within the gaming environment.
• Travel: Facilitating payments that aim to eliminate foreign exchange (FX) costs, cross-border restrictions, and chargebacks.
• Luxury Goods: Enabling high-value transactions for global merchants and buyers.

As of January 2026, Mesh reported that its network connected to over 300 exchanges, wallets, and brokers. The company also stated its integrations gave it a reach of over 900 million users worldwide and that it was processing approximately $10 billion per month in transaction volume. One of its investors noted that by the end of 2025, Mesh had become a "near monopoly" in its specific niche of crypto payments aggregation. ^{[3] [1] [2]}​

Partnerships and Integrations

Mesh has established a wide range of partnerships and integrations with companies across the financial technology and cryptocurrency sectors. Notable partners, clients, and platform integrations include:

• PayPal
• Revolut
• MetaMask
• Shift4
• Coinbase
• Binance
• Ripple
• Paxos
• Rain

These partnerships are central to Mesh's strategy of creating a universal network. Its investors also represent key players in the venture capital and crypto space, including Dragonfly Capital, Paradigm, Coinbase Ventures, SBI Investment, GIC, and Liberty City Ventures. ^{[4] [3] [1]}​

Key People

• Bam Azizi: Co-founder and Chief Executive Officer (CEO) of Mesh. Azizi is the public face of the company and is frequently quoted regarding its strategy and vision. He immigrated to the United States around 2011. ^{[4] [3] [2]}
• Adam Israel: Co-founder of Mesh. ^[4]

Commentary from Leadership and Investors

In public statements, Mesh's leadership and investors have emphasized the company's role in building foundational infrastructure for the next era of digital payments.

Regarding the company's mission, CEO Bam Azizi stated:

"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.” ^[3]

Following the Series C funding round in January 2026, Azizi commented on the company's position in the market:

"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." ^[1]

Rob Hadick, General Partner at lead investor Dragonfly Capital, described Mesh's value proposition:

"Payments are entering a new era where value moves as software. Mesh is building the interoperability layer that makes crypto practical at scale: consumers can spend any asset, merchants can settle instantly in the stablecoin or fiat they want, and the complexity stays under the hood. That 'any-to-any' experience is exactly what mainstream adoption demands, and we're excited to lead this round as Mesh becomes the universal network for global, compliant crypto payments." ^[1]