42Markets bills itself as incubator, investor, and builder of high-growth specialist businesses in the financial and capital markets sector.
Mesh was co-founded by Connie Bloem and Andries Brink. Bloem serves as Mesh’s CEO, and Brink is CEO of the 42Markets Group. Decentralized finance involves distributed ledger or blockchain technologies, and the digital assets and cryptographic tokens that operate on them.“As blockchain adoption on the continent continues to grow, we look forward to embarking on this journey with 42Markets to democratize financial markets and enhance accessibility,” said Convergence Partners chairman Andile Ngcaba.
The companies said that Convergence Partners’ introduction as new investors will enable the 42Markets Group to accelerate growth through the buildout of its product set and further geographic expansion.