Crypto Payments Startup Mesh Hits $1 Billion Unicorn Valuation

San Francisco-based fintech firm Mesh, a leading provider of digital asset transfer and payments infrastructure, has officially achieved ‘unicorn’ status, confirming a valuation of $1 billion following a significantly oversubscribed Series C funding round. The achievement places Mesh at the forefront of the burgeoning crypto payments sector.

The successful raise secured $150 million in new capital, demonstrating robust investor confidence in infrastructure platforms that facilitate mainstream institutional engagement with digital assets. The funding round was led by renowned Silicon Valley venture capital firm Apex Ventures, with significant participation from existing investors, including Horizon Capital and AngelList.

Mesh specializes in providing API-based rails that allow financial institutions, exchanges, and large enterprises to embed seamless cross-border crypto payment capabilities directly into their operations. The company’s focus on regulatory compliance, high transaction speed, and security has positioned it as a critical intermediary for banks and regulated entities looking to modernize their payment processes using blockchain technology without bearing the full regulatory overhead.

The capital injection will be strategically utilized for aggressive global expansion, particularly targeting key European and Asian markets that are experiencing rapid growth in digital asset adoption. Furthermore, Mesh plans to double the size of its engineering and compliance teams over the next 18 months to accelerate product development, including new tools for decentralized finance (DeFi) integrations.

Alex Chen, CEO and co-founder of Mesh, commented on the milestone: “Hitting the $1 billion mark confirms that the market recognizes the essential role secure, scalable infrastructure plays in mainstream crypto adoption. We are moving beyond speculation toward utility, and Mesh is uniquely positioned to be the backbone for the next generation of global financial transactions.” The valuation is seen by industry analysts as a strong indicator that institutional crypto payments infrastructure is maturing rapidly.

Source: Crypto Payments Startup Mesh Hits $1 Billion Unicorn Valuation