Corporate payment and spend management platform Mesh raised $50 million in a Series B funding round led by Tiger Global, according to a press release on Tuesday (Dec. 14).
The round also saw participation from new investors Entrée Capital and Falcon Edge Capital and existing backers TLV Partners and Meron Capital.
Mesh is planning to use the fresh infusion of capital to continue growing its U.S. operations and launching new products to help finance professionals manage payments with more control and visibility.
See also: Mesh Payments Raises $13 Million To Advance Cardless Corporate Payments
Per the announcement, the corporate payments platform has focused its efforts on disrupting the spend management sector and enabling spend…