Mesh Payments

Corporate Spend Managementmeshpayments.com

Mesh Payments provides an AI-powered unified corporate travel and expense platform combining cards, expenses, travel, accounts payable, and procurement payments on a single orchestration layer, serving 1,500+ global organizations across 140+ countries.

Company typePrivate
Founded2020
HeadquartersNew York, United States
Headcount51–100
GTM typeB2B
OfferingSoftware

What Mesh Payments does

Mesh Payments (legal entity MeshPay US, Inc.) provides an AI-powered unified travel and expense (T&E) management platform that consolidates corporate cards, expense management, travel booking, accounts payable, and procurement payments on a single foundation. The platform's centerpiece is the Mesh Intelligent Orchestration Layer — a proprietary, continuously processing context-aware engine that ingests transactions from cards, booking channels, HRIS, calendars, and org charts; enforces policy at the card and transaction level; assigns GL codes; routes approvals; and matches receipts in real time. Core products include Corporate Cards (with PLUG & PAY numberless physical/virtual cards issued as local-currency Visa in 40+ countries), Expense Management, Accounts Payable Automation, ProcurePay, and Travel, supplemented by modules including Mia (an AI employee assistant operating in WhatsApp, Slack, and email), Mesh Global (140+ countries), SaaS Spend Management, Spend Insights, Reimbursements, Bill, and Spend Controls. The platform is MCP-compatible and API-first, integrating with ERP (NetSuite, MRI Software), HRIS (ADP, Papaya Global), TMCs (CTM, Altour, Talma, Gant Travel, Brickell, Travelpath), and banking/processing partners (SoFi Bank, Galileo, Nium, Peoples Trust, Adyen, Shift4, Alchemy Pay).

Mesh operates a quote-based enterprise sales motion with pricing set per Order Form and not publicly disclosed; revenue is generated through subscription fees, card interchange economics (with 1% cashback paid to users), cross-border payment and FX margins, and implementation/onboarding services for ERP/HRIS/TMC integrations. The company is headquartered in New York, with operational entities in the US, Canada, the EU (Netherlands), the UK, and Singapore, and was granted an Israel Payment Institution License in 2025. Mesh serves 1,500+ global organizations across 140+ countries, with named customers including Varonis, and has raised disclosed venture funding of approximately $123 million across Seed/Series A ($3M, March 2018), an early $13M round (Feb 2021), a $50M Series B led by Tiger Global (Dec 2021), a $60M Series C led by Alpha Wave (Sep 2022), and a strategic investment from QuantumLight (Revolut founder Nik Storonsky's VC) in August 2024 that tripled its prior Series A valuation. FY2024 ARR was estimated by Getlatka at approximately $5 million, though this is a third-party estimate rather than a company-disclosed figure.

Mesh Payments firmographics

Firmographics

Name: Mesh Payments
Legal name: MeshPay US, Inc.
Website: https://meshpayments.com
Company type: Private
Founded year: 2020
Operating status: Operating
Headcount range: 51–100 employees
Short description: Mesh Payments provides an AI-powered unified corporate travel and expense platform combining cards, expenses, travel, accounts payable, and procurement payments on a single orchestration layer, serving 1,500+ global organizations across 140+ countries.
Ownership category
akta.pro rank

Mesh Payments industry classification

Industry

Product category: Corporate Spend Management
NAICS: Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Credit Card Issuing (522210), Credit Card Issuing (52221)
SIC: Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
akta.pro primary industry: Card Issuing & Virtual Cards (lodge cards, single-use, tokenization) (THALAHAB)
akta.pro secondary industries: Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts) (THACAJAE), Accounts Payable Automation & Invoice Payments for Travel Suppliers (THACAJAI), Corporate Billing, Statements, Chargeback & Dispute Management (THACAJAJ), Group Travel Payments & Billing (Central Billing, Virtual Cards) (THACAFAK), Cross-Border & FX Payments Platforms (BPAMAFAK), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

Corporate spend management
Travel and expense software
Corporate card issuance
Accounts payable automation
Expense management software

Where Mesh Payments is headquartered

Location

Headquarters

HQ city: New York
HQ country: United States
HQ region: North America

Markets served

Mesh Payments business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

Subscription Fees: Recurring Mesh Fees billed per Order Form; can be set off from Payment Transactions, debited from Balance, or via ACH/wire. Non-cancellable and non-refundable.
Cashback Liability (Card Network Economics): Mesh retains a portion of interchange revenue and pays 1% cash-back to users on Card Payment Transactions (subject to minimum thresholds and exclusions); net economics derive from card payment network revenue share.
Payment Transaction & FX Margin: Revenue from international transactions and currency conversion where Visa wholesale exchange rates are used; merchant and cross-border payment processing economics.
Implementation / Onboarding Services: Custom integrations (including SFTP support, unlimited custom fields) and in-house implementation with dedicated integration team for ERP, HRIS, and TMC connections.

Pricing tiers

Model	Billing	Price
Other	—	Quote-based / Not publicly disclosed - requires demo request

Go-to-market motion1 record

Mesh Payments product offering

Product offering

Core offering

Mesh Payments provides an AI-powered unified corporate spend management platform combining corporate cards (virtual and physical Visa in 40+ local currencies), expense management, accounts payable automation, corporate travel, SaaS spend control, and procurement payments on a single proprietary Orchestration Layer. The platform continuously ingests transactions from cards, HRIS, calendar, ERP, and travel bookings to automate policy enforcement, GL coding, approvals, receipt matching, and reconciliation in real time, replacing fragmented point solutions for global finance teams.

Product overview

Mesh Payments offers a unified, AI-powered global travel and expense (T&E) management platform combining cards, expenses, travel, and accounts payable on a single foundation. The platform-plus-modules architecture centers on the Mesh Orchestration Layer, the AI-powered connective tissue that ingests every transaction with full context, enforces policy in real time, catches anomalies, assigns GL codes, and routes approvals across all products. Core products include Corporate Cards (with PLUG & PAY physical numberless cards and virtual cards in 40+ countries), Expense Management, Accounts Payable Automation, ProcurePay for procurement payments, and Travel for corporate travel management. Module-level capabilities include Mia (the AI employee personal assistant operating in WhatsApp, Slack, and email), Mesh Global (140+ countries, multi-currency), SaaS Spend Management, Spend Insights, Accounting Automation, Reimbursements, Bill, and Spend Controls. The platform is MCP-compatible, API-first, and integrates with ERP (NetSuite), HRIS, TMCs, banking partners (SoFi Bank, Galileo, Nium, Peoples Trust Company, Adyen), and crypto payment providers.

Differentiator

Problem solved

Functional benefit

Brands

PLUG & PAY: Numberless physical and virtual corporate prepaid card program that links physical cards to approved virtual cards and budgets for spend control and cashback.
Mia
Mesh Intelligent Orchestration Layer
Mesh Global
Mesh ProcurePay

Products and services

Corporate Cards Virtual and physical corporate Visa cards with controls built into every card, local-currency issuance in 40+ countries, policy enforced at the card level, and full orchestration via the platform.
PLUG & PAY® Cards Numberless physical corporate debit/prepaid card that pairs with pre-approved virtual cards and budgets for security, control, and flexibility, with real-time alerts, automatic receipt matching, and cashback rewards.
Expense Management Automated global expense management software with AI-powered receipt processing, automatic GL coding, smart approvals, real-time reconciliation, and direct ERP integration, supporting local payments in 100+ countries.
Accounts Payable Automation Accounts payable module that streamlines invoice-to-payment workflows with unified visibility across invoices, T&E, card spend, and reimbursements, claiming 85% time savings, 99% AI-powered accuracy, and 60% cost reduction.
ProcurePay Procurement payments module for automating procurement workflows, integrated with the unified spend platform.
Travel Corporate travel management solution controlling company travel with policy compliance, traveler cards, total trip cost tracking, and customizable travel policies and approval workflows.
Mia (AI Employee Assistant) AI employee personal assistant that handles T&E tasks (receipts, card requests, policy questions, approvals) via natural conversation inside tools employees already use, including WhatsApp, Slack, and email; configurable, monitored, and sandbox-testable.
Mesh Intelligent Orchestration Layer Proprietary AI-powered platform layer that continuously ingests every transaction with full context (cards, travel, HRIS, calendar, ERP, org chart), enforces policy before reconciliation, catches anomalies, assigns GL codes, routes approvals, and matches receipts in real time; MCP-compatible and API-first.
Mesh Global Cross-border global spend management capability supporting 140+ countries with multi-currency card issuance, local payments to employee bank accounts, and cross-border compliance.
SaaS Spend Management Centralized management of SaaS subscriptions with vendor-locked cards, one-click cancellation, 24/7 alerts, and configurable spend limits for continuous subscription spend optimization.

Companies that use Mesh Payments

Customer profile

Ideal customer profiles1 record

Mesh Payments technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration24 records

AI capability10 records

Feature5 records

Mesh Payments partnerships and signals

Strategic signal

Recent moves9 records

Expansion highlights7 records

Mesh Payments competitors and assessment

Company assessment

Direct peers

Brex: Brex is the leading US corporate card and spend management platform for startups and mid-market companies, offering corporate cards, bill pay, expense management, and treasury products — directly competing with Mesh's cards, expense, and AP stack in the same customer segment.
Ramp: Ramp offers corporate cards, expense management, bill pay, and procurement software for US businesses. It is Mesh's most direct US competitor in the unified spend platform category, with overlapping core products including cards, AP automation, and AI-driven expense controls.
Bill.com: Bill.com provides AP automation, corporate cards (via BILL Spend & Expense), expense management, and spend controls — overlapping with Mesh's AP Automation, Corporate Cards, ProcurePay, and Spend Controls products for SMB and mid-market customers.
Spendesk: Spendesk is a European spend management platform combining prepaid cards, expense management, invoice processing, and procurement — directly comparable to Mesh's European spend offering and competing for the same mid-market European customer base.
Airbase: Airbase offers corporate cards, AP automation, expense management, and procurement in a unified platform — closely mirroring Mesh's product architecture and competing for similar mid-market and enterprise finance teams.
Navan: Navan (formerly TripActions) combines corporate travel, cards, and expense management — overlapping with Mesh's Travel, Corporate Cards, and Expense Management modules, particularly for global enterprises with cross-border travel and T&E.
Pleo: Pleo provides corporate cards and expense management across European markets with strong multi-country coverage — directly comparable to Mesh's European spend management and PLUG & PAY cards offerings.

Broad incumbents

SAP Concur: SAP Concur is the incumbent enterprise T&E management suite, covering travel booking, expense reporting, and invoice management. While serving a larger enterprise tier, it competes with Mesh's Travel and Expense Management modules for global corporate customers.
Corpay: Corpay (formerly FLEETCOR) is a global corporate payments company offering commercial cards, AP automation, and cross-border payments — overlapping with Mesh's multi-currency card issuance, AP, and FX revenue streams.
Revolut Business: Revolut Business provides multi-currency business accounts, corporate cards, and expense management across 30+ countries. QuantumLight (founded by Revolut's Nik Storonsky) is an investor in Mesh, making Revolut a relevant comparably-positioned fintech operating in overlapping spend management and FX corridors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Mesh Payments compliance and trust

Trust signal

Compliance3 records

Mesh Payments financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Mesh Payments leadership team

Management profile

Number of profiles

Profiles8 records

Mesh Payments subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Mesh Payments funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Mesh Payments M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mesh Payments

What does Mesh Payments do?

Is Mesh Payments a public or private company?

Mesh Payments is a private company. It is classified as venture growth investor backed and is currently operating.

When was Mesh Payments founded?

Mesh Payments was founded in 2020. It employs 51 to 100 people.

Where is Mesh Payments based?

Mesh Payments is headquartered in New York, United States, in the North America region.

How does Mesh Payments make money?

Four revenue lines are on record. Subscription Fees are the primary driver. The others are cashback Liability (Card Network Economics), payment Transaction & FX Margin and implementation / Onboarding Services.

Who are Mesh Payments's main competitors?

Direct peers on record are Brex, Ramp, Bill.com, Spendesk, Airbase, Navan and Pleo. Broad incumbents are SAP Concur, Corpay and Revolut Business.

Does Mesh Payments have an API?

Yes. Mesh offers a partner-facing API Integration that allows Users to integrate their computing platform with Mesh's platform. Documentation, sample code, and data libraries are provided. Available to Users upon purchasing a Subscription. The platform is also MCP-compatible, allowing AI agents to connect to the orchestration layer and operate within Mesh's governance, and a CLI is offered to query transactions, trigger workflows, and pull reports from the terminal.

What industry is Mesh Payments in?

Mesh Payments's product category is Corporate Spend Management. Its primary akta.pro industry code is THALAHAB, Card Issuing & Virtual Cards (lodge cards, single-use, tokenization), with a secondary code of THACAJAE, Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts). Its NAICS code is 52232 and its SIC code is 6200.