Jeeves raises $110m Series C-1 to scale stablecoin-native banking worldwide
The equity round will help Jeeves expand global payment and spend capabilities across 35 countries as it adds stablecoin settlement to its enterprise finance platform.
One finance platform across markets
Jeeves combines corporate cards, accounts payable, expense management, cash accounts and cross-border payments in one platform. Finance teams can set spend controls, pay suppliers and reconcile activity across entities and currencies from a shared workspace, reducing the coordination required across separate tools and banking relationships.
CoinFund led the $110m Series C-1 equity financing, with a broad group of existing and new investors participating. Jeeves says it will use the capital to scale its stablecoin-native banking platform across 35 countries and expand payment and spend capabilities for global enterprises.
Stablecoin settlement adds another route for international transfers alongside the platform’s cards and treasury tools. The company is also introducing AI spend tracking and accounts-receivable capabilities, extending the product from payment execution into cash-flow operations. Jeeves provides the software and program administration, while regulated partners deliver financial services.
Use of funds
Scale the stablecoin-native banking platform across 35 countries and expand global payment and spend capabilities