Corporate financial management start-up Mesh Payments raises $50m

Mesh Payments raises $50m

Mesh Payments, a New York-based corporate payment and spend management platform, has raised $50 million in Series B funding led by Tiger Global.

Other investors include Entrée Capital, Falcon Edge Capital and existing investors TLV Partners and Meron Capital.

Mesh plans to use the funding to expand its domestic operations. Over the past nine months, the company has grown tenfold, it says.

Founded in 2018, Mesh has Monday.com, Hippo Insurance, Sezzle, Riskified and Snyk among its clients.

“Mesh Payments is an example of a true disruptor – a company whose innovations are transforming an already-established industry,” comments John Curtius, partner at Tiger Global.