Crypto money transfer and payment services startup Mesh (formerly Front Finance) closed a $22 million Series A round led by Money Forward with participation from Galaxy, Samsung Next, Streamlined Ventures, Heitner Group, Valon Capital, Florida Funders, Altair Capital, and others.
The funds raised will be used to further develop its tools for deposit, payments and payouts, as well as support its go-to-market operations. To date, Mesh has raised a total of $32 million.
Mesh supports in-app asset transfers across exchanges and wallets, as well as crypto payments and payouts. Co-founder Azizi claims that Mesh does not store users' personal information or credentials, keeps transfer destinations anonymous from an external account's point of view, and doesn't actually touch assets, offering purely a direct account-to-account transfer.
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