Jeeves raises $110m Series C-1 led by CoinFund
The equity round supports stablecoin-enabled payments and spending tools across 35 countries.
Jeeves raised $110 million in Series C-1 equity financing led by CoinFund. Participants included AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, ParaFi, Vista Credit Partners, Wintermute and Y Combinator, among other investors.
The company will scale its financial platform across 35 countries and expand global payment and spending capabilities. The financing accompanies a stablecoin wallet, AI spend tracking and an accounts-receivable module; Jeeves reports annualized payment volume above $5 billion.
Use of funds
Scale the stablecoin-native banking platform across 35 countries and expand global payment and spend capabilities