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Nevermined raises $4m in new funding

Switzerland-based AI payment infrastructure provider raised $4m in new funding led by Generative Ventures.

"Current payment infrastructure was built for static transactions, like selling t-shirts on the internet, where the price of a small shirt doesn’t change over time," noted Aitor Argomaniz, CTO of Nevermined. "AI agents are dynamic and require an equally dynamic payments system that can respond instantly to new requests. We've built the foundation already, and now we want to grow user adoption from both AI builders and AI agents."

Tags

ai, europe, payments, infrastructure