Meso
Meso facilitates the connection of banks and cards to cryptocurrency applications for developers.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $9.5m | Seed | |
| Total Funding | 000k | ||
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Meso, operating as meso.network, is a financial technology firm established to streamline the connection between traditional financial systems and the evolving world of digital assets. Founded in 2023 by a team with deep roots in the crypto space, including former employees from prominent companies like Coinbase, the company aims to simplify crypto payment infrastructure. The founding team includes Ben Mills, who previously worked on consumer-facing products at Coinbase, and Dalton Grant, both of whom bring substantial experience from the crypto industry.
The company's core business revolves around providing a simple and secure on-ramp and off-ramp service, which facilitates the transfer of funds from bank accounts and cards directly into and out of crypto applications. This service targets developers and businesses building on the blockchain, enabling their end-users to interact with decentralized applications (dApps) without the complexities of traditional crypto exchanges. Meso's infrastructure is designed to be easily integrated into other platforms through a few lines of code, offering a pay-as-you-go business model where clients are charged a fee for each successful transaction.
Meso's product acts as a crucial bridge, allowing users to move assets from standard financial accounts into a crypto wallet within an application in under a minute. The service emphasizes security and compliance, handling know-your-customer (KYC) and fraud prevention processes to provide a smoother user experience. By abstracting away the technical hurdles of crypto transactions, Meso aims to broaden the accessibility of web3 products for a mainstream audience. The company has successfully secured funding from notable investors in the fintech and crypto sectors, including Solana Ventures and Ribbit Capital, underscoring investor confidence in its approach to simplifying digital asset payments.
Keywords: crypto payments, on-ramp, off-ramp, digital assets, web3 infrastructure, fintech, blockchain, payment gateway, dApps, crypto wallet