Blab Crypto
Binance to Lead $2 B Funding Round for Crypto Payments Company Mesh
Binance is set to take the helm of a new funding round for Mesh, a crypto‑payments and settlement infrastructure firm, according to Axios. The investment could push Mesh’s valuation to $2 billion—doubling the $1 billion mark it achieved earlier this year.
Mesh’s growth has been steady. In January 2026, the company closed a $75 million Series C that valued it at $1 billion. Those funds were earmarked for expanding its footprint across Asia, Europe and Latin America, where it targets FinTech clients.
The firm’s momentum began a year earlier, when it secured $82 million in 2025 to speed product development and broaden its API offerings. The goal was to create a one‑click system that lets users move crypto assets for deposits, payments and payouts.
The new round arrives as demand for digital‑asset‑to‑fiat transfer tools, payment systems and settlement infrastructure grows. While stablecoins are increasingly adopted by merchants and financial institutions, corporate uptake remains uneven.
Mesh’s co‑founder and CEO, Bam Azizi, has spoken candidly about the company’s mission. In a Bloomberg interview, he said, “We strongly believe that the future of the economy is tokenized, and this tokenized economy will be heavily fragmented. Businesses and consumers need something like Mesh that abstracts all of that complexity.”
Azizi also pointed to user experience as the biggest hurdle to crypto adoption. At Stablecon in 2025, he told PYMNTS, “The biggest problem in crypto is not adoption, it’s the user experience. You need to make payments so simple that even a grandmother will use it one day, maybe without even knowing that the mechanism behind the scenes is a stablecoin.”
A PYMNTS report notes that stablecoins don’t need to become a consumer habit to transform corporate payments. It argues, “They only need to become useful enough, compliant enough and embedded enough that businesses stop thinking of them as crypto at all.”
A 2026 PYMNTS Intelligence study, part of the Certainty Project, found that most middle‑market companies remain cautious about digital assets. The research reported that only 13 % of firms use stablecoins and a mere 5 % employ other forms of crypto. It highlighted that building enterprise payments infrastructure requires more than software—it demands market access, compliance capacity, liquidity relationships, risk management and trust.
Mesh’s platform is designed to meet those needs by offering a unified network that handles settlement, compliance checks and liquidity provision. The API expansion funded by the 2025 round aims to simplify integration for FinTech partners.
Binance’s potential leadership in the new round signals continued investor confidence in crypto‑payments infrastructure. The exchange’s large user base and extensive liquidity pools could give Mesh additional market reach and technical resources.
The funding round remains in the planning stage, and no official confirmation has been issued by Mesh or Binance. If it proceeds, it would represent a significant capital injection for a company that has already reached unicorn status.
At present, Mesh’s valuation is expected to rise to $2 billion if Binance leads the round. The company will likely use the proceeds to accelerate product development, expand its API ecosystem and deepen its presence in key international markets.
Stakeholders in the crypto‑payments space will watch the outcome closely, as it could influence the pace of stablecoin adoption in corporate environments and the broader trajectory of digital‑asset settlement infrastructure.
Mesh’s growth has been steady. In January 2026, the company closed a $75 million Series C that valued it at $1 billion. Those funds were earmarked for expanding its footprint across Asia, Europe and Latin America, where it targets FinTech clients.
The firm’s momentum began a year earlier, when it secured $82 million in 2025 to speed product development and broaden its API offerings. The goal was to create a one‑click system that lets users move crypto assets for deposits, payments and payouts.
The new round arrives as demand for digital‑asset‑to‑fiat transfer tools, payment systems and settlement infrastructure grows. While stablecoins are increasingly adopted by merchants and financial institutions, corporate uptake remains uneven.
Mesh’s co‑founder and CEO, Bam Azizi, has spoken candidly about the company’s mission. In a Bloomberg interview, he said, “We strongly believe that the future of the economy is tokenized, and this tokenized economy will be heavily fragmented. Businesses and consumers need something like Mesh that abstracts all of that complexity.”
Azizi also pointed to user experience as the biggest hurdle to crypto adoption. At Stablecon in 2025, he told PYMNTS, “The biggest problem in crypto is not adoption, it’s the user experience. You need to make payments so simple that even a grandmother will use it one day, maybe without even knowing that the mechanism behind the scenes is a stablecoin.”
A PYMNTS report notes that stablecoins don’t need to become a consumer habit to transform corporate payments. It argues, “They only need to become useful enough, compliant enough and embedded enough that businesses stop thinking of them as crypto at all.”
A 2026 PYMNTS Intelligence study, part of the Certainty Project, found that most middle‑market companies remain cautious about digital assets. The research reported that only 13 % of firms use stablecoins and a mere 5 % employ other forms of crypto. It highlighted that building enterprise payments infrastructure requires more than software—it demands market access, compliance capacity, liquidity relationships, risk management and trust.
Mesh’s platform is designed to meet those needs by offering a unified network that handles settlement, compliance checks and liquidity provision. The API expansion funded by the 2025 round aims to simplify integration for FinTech partners.
Binance’s potential leadership in the new round signals continued investor confidence in crypto‑payments infrastructure. The exchange’s large user base and extensive liquidity pools could give Mesh additional market reach and technical resources.
The funding round remains in the planning stage, and no official confirmation has been issued by Mesh or Binance. If it proceeds, it would represent a significant capital injection for a company that has already reached unicorn status.
At present, Mesh’s valuation is expected to rise to $2 billion if Binance leads the round. The company will likely use the proceeds to accelerate product development, expand its API ecosystem and deepen its presence in key international markets.
Stakeholders in the crypto‑payments space will watch the outcome closely, as it could influence the pace of stablecoin adoption in corporate environments and the broader trajectory of digital‑asset settlement infrastructure.
