Bybit Pay integrates Mesh, linking its 80 million users to 300+ platforms

Bybit Pay, the payments unit of the crypto exchange Bybit, has integrated Mesh to streamline settlement processes for merchants. This partnership allows users to execute transactions directly from their Bybit balances without withdrawing funds to a separate wallet first. Businesses already using Mesh can now add Bybit Pay as a checkout option, giving them access to Bybit's claimed 80 million users. The integration also supports programmable settlement options, enabling businesses to specify how and when payments are finalized across different markets. Mesh stated its network currently connects more than 300 wallets, exchanges, and financial service platforms, facilitating asset movement between services. Earlier this year, Mesh raised $75 million in a Dragonfly-led Series C round, reaching a company valuation of $1 billion with total funding exceeding $200 million. The network intends to expand operations across Latin America, Asia, and Europe.