What does Nekuda do?
Nekuda is a fintech startup that builds infrastructure enabling secure and efficient agentic payments. Its solution allows payment agents to manage credentials, execute transactions, and capture user intent with transparency, integrating seamlessly through its SDK with the existing payment ecosystem.
How much did they raise?
The company raised $5M in a funding round led by Madrona Ventures, with participation from Amex Ventures and Visa Ventures, along with contributions from industry figures such as Paul Klein of Browserbase and experts from OpenAI and Applied AI.
What are their plans for the money?
With the funds, Nekuda plans to accelerate its operational capabilities and development efforts. The investment will help the company integrate its AI payment stack with Visa Intelligent Commerce, aiming to enable fast, secure, and authenticated agent payments across multiple sectors.
What have they achieved so far?
Nekuda has already made significant strides by partnering with Visa Intelligent Commerce, setting the stage for broader AI agent integration in the payments industry.