Jeeves Raises $110 Million Equity Round to Scale Its Stablecoin-Native Banking Platform for Global Enterprises Across 35 Countries
The funding will support a proprietary wallet, instant payouts to 190 countries and AI tools as Jeeves says annualized volume topped $5 billion.
- On September 29, 2026, Jeeves announced $110 million in equity funding led by CoinFund, with participation from Andreessen Horowitz, Coinbase Ventures, AllianceBernstein, GIC, and Y Combinator.
- Founder and CEO Dileep Thazhmon built Jeeves on stablecoin rails to bypass slow, expensive legacy banking, enabling companies to move money between markets like São Paulo and Berlin with domestic-transaction efficiency.
- Jeeves' revenue grew fourfold in 14 months, with total platform volume surpassing $5 billion, while stablecoin-settled activity surged from zero to $1.5 billion annualized in eight months.
- Alongside the capital injection, Jeeves launched a proprietary stablecoin wallet with payouts to 190 countries and expanded its card offering from 25 to 35 countries, opening a Madrid office.
- "Stablecoins are fundamentally changing finance for enterprises," said David Pakman, Managing Partner and Head of Venture Investments at CoinFund, noting over 80% of customers including BMW, Lululemon, and Burger King use multiple products.
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Crypto VC funding: Jeeves raises $110m, World sells $49m
Crypto financing announcements from Sep. 26 through Oct. 2 included $178.6 million across four disclosed transactions, led by Jeeves’ $110 million equity round. World Assets disclosed $49 million in private token sales, while Solana Company priced a $15 million share…
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GlobalFinTechSeriesJeeves Raises $110 Million Equity Round to Scale Its Stablecoin-Native Banking Platform for Global Enterprises Across 35 Countries
/PRNewswire/ -- Jeeves, the stablecoin-native banking platform for global enterprises, today announced $110 million in equity funding and the launch of its...
Jeeves Raises $110 Million From A16z, Coinbase for Crypto Push
Jeeves highlighted the move from a liquidated activity in stablecoins practically zero 8 months ago to US$1.5 billion annually
The fintech announced a wallet of its own of stablecoins and reported US$1.5 billion in volume in these operations. Image: Jeeves Jeeves announced a capital round for US$110 million and the launch of a wallet of its own of stablecoins, with which it seeks to expand the international payments of companies and reduce the times of liquidation between markets. The round was led by CoinFund and counted with the participation of AllianceBernstein, And…
Jeeves: $110M Crypto VC Funding For Stablecoin
NoSmokeSport - Sports News & Latest Trending World News NoSmokeSport - Sports News & Latest Trending World News - Better Sport News By Larry Parkson The digital asset sector saw a significant injection of capital between September 26 and October 2, with reported crypto VC funding reaching $178.6 million across four disclosed transactions. This influx was prominently led by Miami-based fintech firm Jeeves, which secured a substantial $110 million…
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