Dileep Thazhmon is the founder and chief executive of Jeeves, a company that gives businesses operating in several countries corporate cards, cross-border payments, and accounts on stablecoin rails. He started it in 2020 after selling an earlier company.
Engineering and a First Company
Thazhmon earned bachelor’s and master’s degrees in computer engineering at Drexel University in 2005. Although he never worked directly as an engineer, he has said the training gave him tools for judging any situation without panicking. He co-founded PowerInbox, later called Jeeng, an email advertising platform that sold for more than $100 million.
Building Jeeves
He founded Jeeves in 2020 and joined Y Combinator, building it from his experience running PowerInbox across borders. The company began as a corporate card provider for Latin American startups, became a spend and payments platform for the region’s enterprises, and is now becoming financial infrastructure for global companies. Drexel Magazine recognized him in its 40 Under 40 list in 2023, when Jeeves grew from two people to more than 200.
In September 2026 Jeeves raised $110 million led by CoinFund. The finance chief, Alexander Melikian, spent nearly a decade at Payoneer and helped lead its 2021 Nasdaq listing, the revenue chief, Jordan Bulkoski, came from Brex, and the product chief, Kash Baghaei, was previously chief product officer at Early Warning and Xoom.
Stablecoins Across Borders
The company owns its own infrastructure, which is slower to build but lets it serve one enterprise across many countries, card networks, and banking partners. Europe already accounts for 15% of volume, and Jeeves is opening an office in Madrid. It competes with Payhawk, Spendesk, and Pleo. Thazhmon has said he hopes to take Jeeves public, and the new capital funds a push to 35 countries.
