Crypto payment platform Meso announced the completion of a $9.5 million seed round of financing, co-led by Solana Ventures and Ribbit Capital, institutional investors Canonical Crypto and 6th Man Ventures, as well as angel investors Phantom co-founder Chris Kalani, Pinterest CEO Bill Ready and Archie Puri of Bodhi Labs participated in the investment.
It is reported that Meso is a payment platform that more closely integrates digital assets and legal currencies, allowing users to more easily transfer funds on and off the chain. The on-ramp product integrates bank accounts and cards into crypto applications, allowing the latter to onboard users without first sending them to a centralized exchange to fund their wallets. The company’s team is a fintech-turned-cryptocurrency team, and its founders have previously worked at PayPal, Braintree, and Venmo.