Building payment infrastructure for AI agents—wallets, balances, pay-by-phone, card collection. Raised $30M Series A led by Forerunner Ventures. Thesis: agentic payments will be monopolistic, decided in 12 months, TAM = banking + PSP + networks.
no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY
Agents will execute majority of global payment volume within a decade; payments' network effects create winner-take-most dynamics where the default developer choice in 2027 locks in decades of dominance, and the TAM encompasses banking, PSP, and network layers combined.
Stripe's developer-friendly APIs make it easy for agents to integrate, but its existing payment stack wasn't built for unified agent wallets, balances, and unlimited financial flows—creating opportunity for ground-up agentic payment infrastructure.