Jeeves raises $110M to expand fintech offerings including stablecoin wallet

Jeeves: Miami-based fintech company offering expense management tools, corporate cards, treasury services, and cross-border payment solutions primarily for businesses in emerging markets. It is deepening its focus on digital assets by preparing to launch a stablecoin wallet and integrate AI agents into its platform. The company recently received investment from Andreessen Horowitz and Coinbase Ventures to support expansion of these offerings and instant payouts in additional countries. Coinbase: Cryptocurrency exchange and financial platform providing trading, custody, and related services while investing in ecosystem growth through its venture arm. It joined the funding for Jeeves to advance stablecoin payments and AI integration in fintech. The company recently expanded its AI agent platform to support trading across crypto, stocks, and derivatives. Andreessen Horowitz: Venture capital firm with an active crypto investment practice that backs infrastructure, applications, and fintech projects involving blockchain technology. It participated in the recent round for Jeeves as part of its ongoing support for stablecoin-related initiatives. The firm has targeted investments in areas such as stablecoins and tokenized assets through its dedicated crypto funds. AI Integration: Financial service providers are incorporating agentic AI to automate workflows including underwriting, reconciliation, and payment processes. Crypto VC Activity: Crypto-focused investors are backing traditional fintech companies to accelerate adoption of digital asset features such as wallets and instant payouts. Stablecoin Payments: Fintech platforms are expanding use of stablecoins for cross-border settlements to reduce costs and settlement times compared with traditional banking rails.