Fintech startup Paymove, based in Poland, secured €2.12 million in seed funding to build next-generation payment systems tailored for Agentic AI and fuel its expansion across Western Europe.

👯 Founder(s):

  • Piotr Mazur – Founder and CEO
  • Kamil Kuper – Founder and COO
  • Tomasz Gęsior – Founder and Product Lead

📅 Founding year: 2023

🏭 Industry: Fintech

💥 Problem: The offline payments market remains heavily under-digitalized and burdened by outdated, expensive physical infrastructure like traditional POS terminals and cash desks. Additionally, emerging autonomous AI agents lack native payment tools to seamlessly execute financial transactions in the physical world.

📣 Solution: Paymove digitizes unattended commerce by replacing legacy hardware with instant, secure QR codes that require no app downloads or registration for users. Concurrently, they are building a next-generation architecture dedicated specifically to autonomous Payment-as-a-Service for AI agents.

👥 Customers: Merchants and providers in the offline unattended commerce sector (including paper invoices, payment demands, parking, public transit, ticketing, and administrative fees).

🎳 Team size: 12 employees

🌱 Stage: Seed

💰 Investment amount: €2.12 million

🚀 Funded by: Led by 4growth VC, with participation from Kogito Ventures, and a prominent group of strategic business angels. The company was previously backed by Kogito Ventures, S20, N50, and a group of business angels.

👁️‍🗨️ Investor’s perspective:

"The offline payments market remains heavily under-digitalized, burdened by outdated and expensive physical infrastructure. The Paymove team excels at precisely defining merchant needs, offering a frictionless entry point with zero implementation or hardware costs, while delivering an ultra-simple interface for the payer... We see massive scalability here." — Jan Kastory, Managing Partner at 4growth VC.
"Since our initial discussions two years ago, Paymove has made tremendous strides, proving that its model can rapidly capture untapped market share in Poland. This successful domestic validation paves the way for the next phase of growth: dynamic international expansion..." — Marcin Jaszczuk, Managing Partner at 4growth VC.

💡 It will be spent on… Developing payment infrastructure for autonomous AI agents (Agentic AI Payments) and driving international expansion across Western European markets, with advanced contract negotiations underway in Spain, Portugal, and Italy.

💬 In their own words:

"Paymove’s ambition is to build a cohesive payment ecosystem for partners seeking technologically straightforward and cost-effective solutions. Our goal is to transform our services into a comprehensive Payment-as-a-Service platform built on three pillars: occasional payments, e-commerce & mobile, and agentic payments driven by AI models." — Piotr Mazur, CEO of Paymove.

💪 Their specialty… They operate as an authorized Small Payment Institution (SPI) under the supervision of the Polish Financial Supervision Authority (KNF) and plan to apply for an Authorised Payment Institution (API) license. Their solution relies on highly secure, instant QR technology designed to seamlessly merge e-commerce convenience with offline environments.

🔑 Business model: Payment-as-a-Service (PaaS) framework

💸 Funding so far: €2.8M

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