According to Jeeves, CoinFund took point on the new Series C, with AllianceBernstein, Coinbase Ventures and Andreessen Horowitz also participating. The $110 million raise is aimed at widening the product set and switching on instant payouts in additional markets. "The enterprises we work with are global by default, needing cards and payments that span continents, and every one of them is tired of banking infrastructure that wasn't built for that," said Jeeves' founder and chief executive officer, Dileep Thazhmon, in a press release.
Earlier this year, Jeeves rolled out stablecoin-based payments and introduced a corporate card backed by stablecoins. The setup is designed so global businesses can settle international payments in minutes via digital asset rails. Next up: Jeeves is launching its own stablecoin wallet, moving into accounts receivables and weaving agentic AI into its platform.
The timing aligns with steady demand for stablecoins. Chainalysis estimates on-chain economic activity reached $9.4 trillion over the 12 months through June. Jeeves says it operates in 190 countries and has been ramping up in Latin America, where, per PitchBook, venture funding came to about $900 million in the first half of 2026 versus $1 billion in the equivalent period a year prior.
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The region raised about $2.6 billion in 2025, versus a record $4.9 billion in 2022. For your money, the takeaway is simple: faster cross-border rails and AI-assisted finance are where many fintechs are leaning, and this raise shows Jeeves wants a bigger seat at that table.
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