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Mesh Payments Raises $13M to Transform the Way Companies Manage Corporate Payments Without Corporate Cards
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NEW YORK, Feb. 9, 2021 /PRNewswire/ Mesh Payments, a startup that is transforming the way corporate payments are processed, paid and managed, announced today that it has raised a $13 million financing round, led by TLV Partners, with participation from Meron Capital, R-Squared Ventures, an angel fund founded by industry pioneers Roy Rubin and Roy Erez, and a consortium of fintech founders and investors led by fintech VC Ryan Gilbert. The funding will be used to expand the company s sales and marketing efforts, as well as accelerate the establishment of strategic partnerships with leading management platforms to seamlessly integrate with companies corporate financial workflows. The funding round follows a notable year in which Mesh grew rapidly, increasing x20 in paying customers.