Jeeves Secures $110M Funding for Stablecoin Wallets and AI-Powered Automation
Jeeves, a Miami-based corporate payments company, has secured $110 million in Series C funding led by CoinFund. The investment will support the launch of proprietary stablecoin wallets, AI-powered automation tools, and an expansion into 10 new countries.
The company already operates in around 25 countries, primarily serving businesses across Latin America. With this fresh capital, Jeeves aims to push its footprint to approximately 35 countries.
Jeeves processes over 50-60% of its international payment volume through stablecoins, mainly USDC. The firm's annualized total payment volume exceeds $3 billion and is on track to hit $6 billion, with stablecoin-related revenue reaching $1.5 billion annually within eight months.
The new stablecoin wallets will support both USDC and USDT, enabling corporate clients to hold, send, and receive dollar-denominated digital assets without touching a traditional bank account.