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Stablecoin Bank Jeeves Raises $110M Series C

Jeeves raised $110M led by CoinFund to scale its stablecoin-native platform for corporate cards, payments and spend management.

Jeeves says its annualized stablecoin volume passed $1.5B in just 8 months and revenue grew 4x in 14 months. It added 10 countries for stablecoin cards, with payouts reaching 190 countries, and opened a Madrid office to expand in Europe.


Other backers: a16z, Coinbase Ventures, YC, Vista, AllianceBernstein, GIC, ParaFi, CRV, Wintermute and Global PayTech, plus founders of Bridge, Circle and Privy.

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