Mesh Payments: Raises $50M in Series B Funding

Mesh Payments Raises $50M in Series B Funding

• Mesh Payments, a NYC-based corporate payment and spend management platform, raised $50m in Series B funding.
• The round was led by Tiger Global with participation from Entrée Capital, Falcon Edge Capital and existing investors TLV Partners and Meron Capital
• The company plans to use the funding to continue its accelerated growth, expand its US operations and introduce additional products
• The company Payments provides a corporate payments platform that enables finance managers to streamline their entire payments from a single solution
• In doing so, businesses get full control over their spend together with tailored insights for each payment and the tools needed to optimize their spend in real-time
• The company provides a full solution tailored to individual payment types, SaaS payment management, travel payment management and more