One-stop fee payment platform Jeeves completed a $180 million C round of financing, led by Tencent and participated by A16Z

Jeeves, a one-stop fee payment platform, announced on March 22 that it has raised $180 million in Series C funding at a valuation of $2.1 billion. This round of financing was led by Tencent, GIC, Stanford University, Andreessen Horowitz (A16Z), CRV, Silicon Valley Bank, FT Partners, Clocktower Ventures, Urban Innovation Fund, Haven Ventures, Gaingels, Spike Ventures and others contributed. The financing will be used to develop Stablecoin products. Founded in 2020, Jeeves offers an expense management platform for startups, including cash options, corporate cards and cross-border payments. Dileep Thazhmon, CEO and founder of Jeeves, said, "With further global expansion, the company may begin exploring cryptocurrencies later this year. The company will test this potential Stablecoin product in Latin America before widespread implementation."