Paygentic nets $2M pre-seed to power payments for AI-native firms

Paygentic, a billing and payments platform designed for AI-native companies, has secured $2 million in pre-seed funding. This investment, led by MiddleGame Ventures, highlights the growing need for specialized financial infrastructure tailored to the unique demands of AI-driven businesses. The platform aims to address the complexities of pricing and billing in a rapidly evolving technological landscape. Paygentic, founded by Susan O’Neill and Samuel Alarco Cantos, offers a comprehensive solution for AI-native firms. It facilitates hybrid pricing models, incorporating subscriptions, usage-based, and outcome-based structures. By converting agent activity data like prompts and usage events into revenue, the platform unifies billing, payments, and pricing within a single, scalable stack. This funding will primarily support team expansion and accelerate product development. Paygentic's focus will be on enhancing its agentic billing capabilities and solidifying its payments infrastructure. The platform's success could pave the way for more flexible and efficient payment systems, especially for companies dealing with unpredictable compute costs.
To provide multilingual access, this article summary was automatically generated.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.
