Mesh, a fintech backed by PayPal Ventures, secured additional funding from investors including Coinbase Ventures, Uphold, SBI Investment, and others, bringing its total raised to over $130 million. Much of the investment was settled using PayPal’s PYUSD stablecoin through Mesh’s technology, showcasing the growing role of stablecoins in venture financing. The company previously raised $82 million in March 2025 and powers PayPal’s “Pay with Crypto.” Mesh’s SmartFunding engine enables seamless global crypto payments by instantly converting digital assets into stablecoins or fiat, with new funding accelerating integrations, product development, and scaling its worldwide payments network.