paymove, a fast-growing FinTech based in Poland founded in 2022, has secured €2.12 million in its latest funding round to develop a payment infrastructure for autonomous AI agents and drive expansion across Western European markets.
The round was led by 4growth VC, with participation from Kogito Ventures and a prominent
group of business angels.
“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. While we already have market-ready products and an active client base in
the first two segments, we will unveil our dedicated infrastructure for AI agent
payments later this year,” announces Piotr Mazur, CEO of paymove.
This funding sits within a broader European funding pattern around payments infrastructure, agentic money movement, embedded finance and AI-enabled finance operations. So far this year, there has been €260 million in disclosed funding
The most directly comparable announcements are those of SolvaPay and Ralio, both of which are focused on enabling AI agents to transact. Larger infrastructure rounds for Primer, Silverflow and Sokin indicate continued capital allocation to platforms addressing fragmented payment processing, cross-border money movement and embedded payments.
“The offline payments market remains heavily under-digitalised, burdened by outdated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,
“While the e- commerce space is hyper-saturated, the offline market – further propelled by EU SEPA Instant regulations – presents a unique window of opportunity to capture market
leadership. We see massive scalability here,” comments Jan Kastory, Managing
Partner at 4growth VC.
paymove operates across more than 2,000 locations in Poland, reaching over 600,000 users and processing hundreds of thousands of transactions annually. The
company says its next strategic milestone is international scaling, with advanced contract
negotiations already underway in Spain, Portugal, and Italy.
paymove’s aim is to digitalise the unattended commerce segment, streamlining
payments for paper invoices, payment demands, parking, public transit, ticketing, and
administrative fees.
By replacing expensive parking meters, traditional POS terminals, and
physical cash desks with a simple QR code, the company’s goal is to create a seamless digital payment layer for the offline world, requiring no app downloads or user registration.
The company estimates the European offline payments market is estimated at €39.5 billion, with the unattended segment alone accounting for approximately €9.5 billion.
“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 and deploying a proven solution into Western European
markets,” says Marcin Jaszczuk, Managing Partner at 4growth VC.
