Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated using the firm’s newly introduced stablecoin, PYUSD.
Mesh Attracts Paypal Ventures Investment, PYUSD Leveraged
This week, Paypal Ventures disclosed its investment in Mesh, a digital currency and fintech startup previously known as Front Finance. Mesh positions itself as a business-centric financial platform, striving to seamlessly blend digital and conventional finance realms. At its core, the platform operates as a comprehensive account aggregation system that boasts 300 connections with various exchanges, wallets, and brokerages.
Mesh’s integrations encompass a wide range of platforms, including Coinbase, Binance, Etoro, Vanguard, Blockchain.com Wallet, Webull, Kraken, Bitcoin.com Wallet, Bitstamp, Kucoin, and several others. Payp
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