Mesh Payments, a NYC-based startup that enables corporate payments to be processed, paid and managed, raised $13m in financing.
The round was led by TLV Partners, with participation from Meron Capital, R-Squared Ventures, and a consortium of fintech founders and investors led by fintech VC Ryan Gilbert.
The funding will be used to expand the company’s sales and marketing efforts, as well as accelerate the establishment of strategic partnerships with management platforms to integrate with companies’ corporate financial workflows.
Led by Oded Zehavi, CEO and Co-Founder, Mesh Payments provides a cardless payments solution for organizations to get full visibility, control, and payment intelligence to orchestrate, manage, reconcile, and reduce spend while preventing payment failures and assuring business continuity. Mesh enables full control and real-time visibility for corporate finance teams and streamlines payment activities across multiple department processes (IT, HR, Marketing, etc.) enabling organizations to manage their corporate payments and ensure that SaaS subscriptions works and are never the cause of business disruption.