Mesh Payments Secures $60M in Series C

Mesh Payments, the finance automation platform for companies, has raised $60 million in a Series C funding round led by Alpha Wave. The funding will be used for product innovation and to push growth of its business.

Tiger Global, TLV Partners, Entreé Capital, and Meron Capital joined the round, which brings Mesh's total funding to $123 million.

The platform helps finance teams automate, control, and optimise their corporate spend, and offers the Visa physical card that syncs with virtual cards.

Oded Zehavi, CEO, Mesh, said: "Since day one, Mesh has focused on giving CFOs the automation and insights they need to more effectively manage their day-to-day operations. And as companies operationalize distributed and remote workforce models, holistic visibility over company spend is even more critical.

"The confidence in Mesh from investors and customers, even in a turbulent market, reinforces that our finance automation platform is what companies want to help them navigate a cost-cutting environment."