Jeeves Secures $110 Million Series C to Scale Stablecoin Wallets and AI Tools

Miami-based corporate payments firm Jeeves has raised $110 million in a Series C funding round led by CoinFund, with participation from Andreessen Horowitz, Coinbase Ventures, and AllianceBernstein. The company plans to use the capital to launch proprietary stablecoin wallets supporting USDC and USDT, deploy AI-powered automation tools, and expand its instant payout services into 10 additional countries. Jeeves currently processes over 50-60% of its international payment volume via stablecoins, with an annualized total payment volume exceeding $3 billion.