Cryptocurrency transfer and payment company Mesh received a $6.5 million investment from PayPal.

ChainCatcher news, according to Fortune magazine, the cryptocurrency transfer and payment service startup Mesh has received a $5 million investment in PYUSD stablecoin from PayPal. In addition to PYUSD, PayPal Ventures has also added a $1.5 million cash investment.

According to market data from RootData, the cryptocurrency transfer and payment service startup Mesh (formerly known as Front Finance) completed a $22 million Series A funding round last September, led by Money Forward, with participation from Galaxy, Samsung Next, Streamlined Ventures, SNR.VC, Hike VC, Heitner Group, Valon Capital, Florida Funders, Altair Capital, Network VC, and several angel investors.