Mesh Payments Named to 2022 CB Insights’ Fintech 250 List

Mesh recognized for achievements in corporate spending and expense management

NEW YORK, 4 October 2022 /PRNewswire/ — CB Insights today named Mesh Payments to its fifth annual Fintech 250 ranking, showcasing the 250 most promising private fintech companies in 2022.

“This year’s Fintech 250 winners are shaping the future of financial services, from payments and banking to investments and insurance,” so Brian LeeSVP of CB Insights’ intelligence unit. “Representing more than 30 countries, these companies are creating safer and more efficient payment methods and transforming how traditional banking, insurance and investment products are delivered. Together, they not only make financial services more convenient for users, but also make them accessible to more people, especially traditionally underserved populations around the world.”

“We are laser-focused on providing finance teams and CFOs with the automation and insights they need to manage day-to-day operations more effectively,” said Oded Zehavi, co-founder and CEO, Mesh Payments. “Being named to the CB Insights Fintech 250 list is further confirmation that our product delivers for clients. Everything we do is to help our clients increase efficiency and be more successful.”

Using the CB Insights platform, the research team selected these 250 winners from a pool of over 12,500 private companies, including applicants and nominees. They were selected based on factors including R&D activity, proprietary Mosaic results, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength and technological novelty. The research team also reviewed over 2,000 analyst briefings submitted by applicants.

More than 1000+ companies and close 1 billion dollars annualized payment volume (TPV) flow through the Mesh platform. Mesh brings efficiency and innovation to the entire CFO technology stack so businesses can operate more nimbly to changing market conditions. Companies leveraging Mesh are 5x more efficient, collectively, saving their finance teams an average of three days a month.

Fast facts about the 2022 Fintech 250:

• Equity financing and agreements: The Fintech 250 cohort has crossed over 115 billion dollars in equity financing across over 1,100 agreements since the start of 2017 (as of 20 September 2022). Only in 2021 did the winners rise above 51 billion dollars across 337 share agreements.
• Unicorns: There are 159 companies with $1B+ valuations on the list.
• Global reach: Globalization is a central theme for this year’s Fintech 250. The winners represent 33 different countries across the globe – 7 more than last year. Just over half (53%) of the selected companies are headquartered in the US, which is the fewest we have seen in the Fintech 250 since 2017. The UK came second with 31 winners (12%), followed by India with 14 (6%), Brazil with 9 (4%), and Germany with 7 (3%).

About CB Insights

CB Insights builds software that enables the world’s best companies to discover, understand and make technology decisions with confidence. By combining data, expert insights and work management tools, clients manage their end-to-end technology decision-making process at CB Insights. To learn more, please visit www.cbinsights.com.

Consult:
[email protected]

About Mesh Payments

Mesh Payments is a finance automation that gives financial managers more detailed control and influence over the company’s expenses. Mesh is disrupting the CFO technology stack, bringing innovation and automation to every corner of finance operations, and freeing finance teams to focus on better managing day-to-day financial operations.

Mesh powers some of the world’s fastest growing brands, including Monday.com, Hippo Insurance, Sezzle, Riskified and Snyk. Mesh is headquartered in New York and venture-backed by Alpha waveTiger Management Global and others.

For more information, visit www.meshpayments.com or follow on LinkedIn.

Consult:
[email protected]

SOURCE Mesh Payments