HedgeCo.Net — Miami-based Jeeves on September 29, 2026 announced $110 million in equity funding to scale its stablecoin-native banking platform for global enterprises, according to the company’s PR Newswire release and Bloomberg. CoinFund led the round, with participation from AllianceBernstein, Andreessen Horowitz, Coinbase Ventures, CRV, GIC, Global PayTech Ventures, ParaFi, Vista, Wintermute, Y Combinator, and others.
Jeeves said it is launching a proprietary stablecoin wallet with payouts to 190 countries and expanding its stablecoin card offering from 25 to 35 countries, including additional Latin American markets, with a new Madrid office. The company cited more than $5 billion in annualized total platform volume across cards and payments, and said stablecoin-settled activity has reached about $1.5 billion annualized platform volume after roughly eight months of growth from near zero.
Bloomberg framed the raise as funding for a stablecoin wallet, AI agents, and broader instant payouts. Founder and CEO Dileep Thazhmon positioned Jeeves as banking infrastructure for multi-country enterprises rather than a single-market card product. CoinFund’s David Pakman was quoted on Jeeves’ enterprise stack running day-to-day operations atop stablecoins.
For digital-asset and fintech allocators, the hard marks are the September 29 $110 million equity raise, CoinFund as lead, named participants including a16z, Coinbase Ventures, AllianceBernstein, and GIC, the 190-country wallet claim, and the company’s stated volume figures. Do not invent valuation or prior-round totals beyond published coverage.