Jeeves raises $110M led by CoinFund

Corporate payments platform Jeeves has raised $110 million in a funding round led by CoinFund, with participation from a number of prominent investors including AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, ParaFi, Vista, Wintermute, and Y Combinator. The platform, which provides corporate cards, accounts payable, treasury payments, and expense management for companies operating across multiple markets, serves thousands of companies, including BMW, H&M, Lululemon, Burger King, Kavak, and XP.

Jeeves plans to use the funding to expand its products and global presence, having already launched a stablecoin wallet for instant payments to 190 countries and expanded its stablecoin card offering to 35 countries.

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