Fintech Startup Bybit Partners with California-Based Mesh

The partnership will allow Bybit users to use their Bybit balances to fund accounts and make payments through platforms powered by Mesh.

Through Bybit Pay, the service will give Bybit’s 80 million users more ways to use their crypto balances for payments across supported Mesh-powered platforms.

Read More:OpenAI Rolls Out GPT-6 Astra Model Amid Cyber Capability Warnings

The integration makes payments easier by removing the need for users to withdraw funds, convert assets manually, or transfer money between platforms. When topping up an account or making a payment on a Mesh-powered platform, Bybit users can simply select Bybit Pay and use the assets already available in their Bybit account.

For businesses, the integration provides direct access to Bybit’s global user base. Businesses can accept payments from Bybit users through their existing Mesh integration without needing to build a separate payment connection.

Bybit Pay allows businesses to reach Bybits global user base while offering fast and simple payment experiences. Its infrastructure is designed to handle payments at scale and supports quick settlement across different markets.

The platform also offers flexible settlement options, allowing businesses to have more control over how and when they receive funds.

The partnership is part of Bybit Pay’s wider effort to expand its presence in the global payments industry. By connecting digital assets with more payment platforms, Bybit Pay aims to give businesses more ways to serve crypto users while helping Bybit users make better use of the assets they already hold.

"Bybit has built one of the most engaged communities in crypto," said Bam Azizi, CEO and Co-founder of Mesh. "People shouldn't have to move their money to use it. We bring the network to where the money already is."

"Bybit Pay is designed to remove the friction between holding digital assets and using them to pay. Users can pay directly from their Bybit balance, using the asset they already hold, while platforms receive the asset they want. Our partnership with Mesh brings this capability to more payment experiences and strengthens Bybit Pay's role in connecting digital assets with the broader payments ecosystem," said Sophie Chen, Head of Marketing, Bybit Card & Pay.

About Mesh

Founded in 2020 by Bam Azizi and Adam Israel, Mesh is building a global crypto payments network that connects exchanges, wallets and financial services platforms. The platform connects hundreds of services to make digital asset payments and conversions easier, and more seamless. Mesh aims to create a secure and connected ecosystem for digital finance.

Read More:Arizona-Based Ally Waste Acquires Swift Integrated Services