Jeeves Technologies hits $5 billion in annualized volume and secures $110 million in fresh capital as it expands its stablecoin card and payment services into 10 new international markets.
Jeeves raised $110 million in an equity round, with revenue growing 4x and stablecoin volume scaling to $1.5 billion annualized, indicating strong investor confidence and business momentum.
Jeeves Technologies secures $110 million in a new equity round following a period of rapid expansion. The fintech firm reported a 4x revenue increase over 14 months, driven by the successful scaling of its stablecoin payment infrastructure to $1.5 billion in annualized volume.
Growth is primarily driven by a 4x increase in revenue and the rapid adoption of its stablecoin card and payment offerings, which now account for $1.5 billion in annualized volume.