Mesh Payments: Streamlining Spend Management for Mid-Market Finance Teams

Mesh Payments transforms spend management for mid-market finance teams by centralizing control over corporate cards, travel, expenses, and SaaS subscriptions, solving the chaos of rogue renewals and approval confusion with powerful data-driven controls.

Mesh Payments: Streamlining Spend Management for Mid-Market Finance Teams

Corporate cards are easy. Controlling spend is not.

Mesh Payments sells spend management for mid-market finance teams that are tired of chasing receipts, rogue SaaS renewals, and “who approved this?” Slack threads.

They wrap it all into one place. Virtual and physical cards, travel and expense, SaaS subscriptions, and controls that let a controller say yes to a vendor but no to a category.

The business model is straight B2B. You win the CFO stack, get embedded in workflows, and expand as every team asks for cards, policies, and visibility across payments.

The traction signals are real. Mesh was founded in 2018 by CEO Oded Zehavi and CTO Eran Katoni, and by September 2022 said it had 1,000+ mid-market customers.

Investors followed. $13M (February 2021), then $50M Series B led by Tiger Global (December 2021), then a $60M Series C led by Alpha Wave (September 2022), taking total funding to $123M.

This matters now because finance teams are managing more vendors and more distributed spend than ever, and “one corporate card program” does not map to SaaS-heavy budgets, remote work, and constant tooling churn. Mesh is one of the teams betting that the moat is not the card, it’s the controls and the data.

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If you run finance for a 200 to 2,000 person company, what is the hardest category to control today: SaaS, travel, or contractor spend?

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