Cryptocurrency payment company Mesh has completed a $22 million Series A funding round, led by Money Forward
ChainCatcher news, according to TechCrunch, the crypto asset management and payment company Mesh (formerly Front Finance) has completed a $22 million Series A financing round, led by Money Forward, with investors including Galaxy, Samsung Next, Streamlined Ventures, SNR.VC, Hike VC, Heitner Group, Valon Capital, Florida Funders, Altair Capital, Network VC, and several angel investors. Mesh will use the newly raised funds to further develop its deposit, payment, and spending tools, and to support the operational launch of its products. To date, Mesh has raised a total of $32 million.
Mesh is a participant in the Startup Battlefield 200 competition at TC Disrupt 2023, founded by Bam Azizi and Adam Israel in 2020. Before founding Mesh, Azizi founded the cybersecurity and identity company NoPassword, which was acquired by LogMeIn in 2019. Adam Israel previously served as a managing director at HSBC. Mesh supports in-app asset transfers across exchanges and wallets, as well as peer-to-peer payments in cryptocurrency.