Mesh Acquires Bluvo to Add Exchange Connectivity to Payments Network

Mesh has acquired exchange connectivity developer Bluvo, adding its technology and two co-founders to a payments network that connects more than 300 exchanges and wallets through one integration.

Luca Dalla Chiara is now Mesh’s head of exchange partnerships, while Florian Sabani has joined as a senior staff software engineer. Mesh has not detailed how it will incorporate Bluvo’s technology or provided a product integration timeline. The purchase price and deal structure were not disclosed.

The acquisition may fit Mesh’s effort to connect users’ funds across exchanges and payment services. Mesh links exchanges, wallets and financial services for digital asset payments and conversions. SmartFunding lets customers spend digital assets they already hold while merchants receive payment in their chosen currency.

Mesh announced a $75 million Series C round at a $1 billion valuation on Jan. 27. The company said the funding would support product development and international expansion.