Corporate payment startup Mesh Payments has secured $60 million in its latest fundraising round, bringing its total to $123 million, the company announced.
With a focus on midmarket companies, Mesh aims to help companies automate and provide data around corporate spending, including travel and entertainment. Offerings include a corporate card, software-as-a-service subscription management and a numberless Visa physical card that can sync with virtual cards for easier use.
Currently, Mesh reports about 1,000 midmarket companies as customers, including Monday.com, Hippo Insurance, financial technology company Sezzle, fraud management platform Riskified and developer security platform Snyk. The privately held company claims triple revenue…