Jeeves Secures $110M: Global Stablecoin Banking Powers Enterprise Expansion
October 1, 2026, 9:31 am
Jeeves closed a $110 million equity funding round. CoinFund spearheaded the investment. Notable participants included Andreessen Horowitz, Coinbase Ventures, and Y Combinator. This capital boost empowers Jeeves. It is a stablecoin-native banking platform for global enterprises. The platform offers physical and virtual corporate cards. It handles accounts payable, treasury payments, and spend management. Stablecoin rails ensure rapid settlements. AI agents automate reconciliation processes. A new proprietary stablecoin wallet facilitates payouts to 190 countries. Jeeves simplifies complex cross-border financial operations. It processes billions in annual volume. The company expands its global footprint. It enhances financial infrastructure for multinational businesses. This funding drives product development and international growth. Jeeves leads the shift to efficient, stablecoin-powered enterprise finance.
Jeeves just announced a major financial milestone. The company secured $110 million in equity funding. This round signifies strong investor confidence. CoinFund led the significant investment. A roster of prominent firms joined. Andreessen Horowitz (A16Z) participated. Coinbase Ventures also contributed. Global PayTech Ventures was on board. Y Combinator, a past investor, also returned. Other key backers included AllianceBernstein, CRV, GIC, ParaFi, Vista, and Wintermute. This latest capital injection pushes total funding past $570 million. This figure includes both equity and debt financing. The funds position Jeeves for aggressive expansion in the stablecoin banking sector.
Jeeves operates as a global financial system. Its design targets enterprises. These businesses conduct operations across many countries. The platform leverages stablecoin technology. This infrastructure offers a distinct advantage. Transactions settle in minutes. Traditional banking often takes days. This speed reduces delays. It cuts costs for cross-border money movement. Stablecoins provide consistent fund flow. They bypass many complexities of legacy systems. Jeeves champions a future of instant, borderless enterprise finance.
The Jeeves platform offers a full suite of services. It provides physical and virtual corporate cards. Businesses manage expenses efficiently. Accounts payable processes are streamlined. Treasury payments execute swiftly. A comprehensive spend management platform unifies these functions. Artificial intelligence agents enhance capabilities. They automate reconciliation. Financial workflows become seamless. This integration eliminates disparate systems. Businesses gain a holistic financial overview. This complete financial operating system targets global enterprises.
Jeeves continually innovates its offerings. A new proprietary stablecoin wallet is now available. This wallet supports instant payouts. It reaches 190 countries globally. This dramatically expands the platform's reach. A global AI spend tracking solution also launched. This tool gives businesses clear visibility into expenditures. An accounts receivable module adds further value. It completes the financial workflow suite. Companies can now manage receivables within the same integrated platform. These additions reinforce Jeeves' end-to-end stablecoin financial solution.
Jeeves demonstrates rapid global growth. Annualized platform volume surpasses $5 billion. This includes card and payment products. Stablecoin activity drives a significant portion. Stablecoin-settled volume hit $1.5 billion annualized. This growth occurred in just eight months. Previously, this volume was near zero. The company now expands its stablecoin card offering. It moves from 25 to 35 countries. New markets include Argentina, Costa Rica, Panama, Peru, Paraguay, and Uruguay. This strengthens its presence across Central and South America. The platform already serves North America, the UK, and Europe. An office in Madrid will support international operations. This strategic base further solidifies its global footprint in enterprise banking.
Thousands of enterprises trust Jeeves. Prominent global brands utilize the platform. BMW, Lululemon, Burger King, H&M, and Kavak are among them. XP also relies on Jeeves. These companies represent diverse sectors. Technology, retail, and financial services all benefit. Over 80% of Jeeves customers use multiple products. This indicates deep platform integration. The stablecoin infrastructure reduces foreign exchange costs. Its Instant Pay product facilitates faster transfers. It is a critical tool for global commerce and efficient cross-border payments.
Jeeves builds a broader financial operating system. This system centers on stablecoin infrastructure. Between 50% and 60% of international payments now settle on-chain. USDC dominates this stablecoin activity. This approach is transformative. It creates efficiency. It fosters financial consistency across borders. The latest funding will accelerate key initiatives. Product development will intensify. International operations will scale further. Stablecoin infrastructure will deepen its capabilities. Jeeves aims to set a new standard. It champions modern, digital finance for the global enterprise. The company drives a paradigm shift in global banking.
Jeeves just announced a major financial milestone. The company secured $110 million in equity funding. This round signifies strong investor confidence. CoinFund led the significant investment. A roster of prominent firms joined. Andreessen Horowitz (A16Z) participated. Coinbase Ventures also contributed. Global PayTech Ventures was on board. Y Combinator, a past investor, also returned. Other key backers included AllianceBernstein, CRV, GIC, ParaFi, Vista, and Wintermute. This latest capital injection pushes total funding past $570 million. This figure includes both equity and debt financing. The funds position Jeeves for aggressive expansion in the stablecoin banking sector.
Jeeves operates as a global financial system. Its design targets enterprises. These businesses conduct operations across many countries. The platform leverages stablecoin technology. This infrastructure offers a distinct advantage. Transactions settle in minutes. Traditional banking often takes days. This speed reduces delays. It cuts costs for cross-border money movement. Stablecoins provide consistent fund flow. They bypass many complexities of legacy systems. Jeeves champions a future of instant, borderless enterprise finance.
The Jeeves platform offers a full suite of services. It provides physical and virtual corporate cards. Businesses manage expenses efficiently. Accounts payable processes are streamlined. Treasury payments execute swiftly. A comprehensive spend management platform unifies these functions. Artificial intelligence agents enhance capabilities. They automate reconciliation. Financial workflows become seamless. This integration eliminates disparate systems. Businesses gain a holistic financial overview. This complete financial operating system targets global enterprises.
Jeeves continually innovates its offerings. A new proprietary stablecoin wallet is now available. This wallet supports instant payouts. It reaches 190 countries globally. This dramatically expands the platform's reach. A global AI spend tracking solution also launched. This tool gives businesses clear visibility into expenditures. An accounts receivable module adds further value. It completes the financial workflow suite. Companies can now manage receivables within the same integrated platform. These additions reinforce Jeeves' end-to-end stablecoin financial solution.
Jeeves demonstrates rapid global growth. Annualized platform volume surpasses $5 billion. This includes card and payment products. Stablecoin activity drives a significant portion. Stablecoin-settled volume hit $1.5 billion annualized. This growth occurred in just eight months. Previously, this volume was near zero. The company now expands its stablecoin card offering. It moves from 25 to 35 countries. New markets include Argentina, Costa Rica, Panama, Peru, Paraguay, and Uruguay. This strengthens its presence across Central and South America. The platform already serves North America, the UK, and Europe. An office in Madrid will support international operations. This strategic base further solidifies its global footprint in enterprise banking.
Thousands of enterprises trust Jeeves. Prominent global brands utilize the platform. BMW, Lululemon, Burger King, H&M, and Kavak are among them. XP also relies on Jeeves. These companies represent diverse sectors. Technology, retail, and financial services all benefit. Over 80% of Jeeves customers use multiple products. This indicates deep platform integration. The stablecoin infrastructure reduces foreign exchange costs. Its Instant Pay product facilitates faster transfers. It is a critical tool for global commerce and efficient cross-border payments.
Jeeves builds a broader financial operating system. This system centers on stablecoin infrastructure. Between 50% and 60% of international payments now settle on-chain. USDC dominates this stablecoin activity. This approach is transformative. It creates efficiency. It fosters financial consistency across borders. The latest funding will accelerate key initiatives. Product development will intensify. International operations will scale further. Stablecoin infrastructure will deepen its capabilities. Jeeves aims to set a new standard. It champions modern, digital finance for the global enterprise. The company drives a paradigm shift in global banking.