Paygentic, a San Francisco-based company specializing in AI-native billing and payments platforms, has successfully raised $2 million in a pre-seed funding round. The investment was spearheaded by MiddleGame Ventures, with additional support from Anamcara Capital, Aperture, Angel Invest, and Alan Morgan, chairman at Adfisco.
MiddleGame Ventures, a venture capital firm from Luxembourg, primarily invests in fintech and financial infrastructure startups in Europe, focusing on companies in the post-seed to Series B stages that are transforming financial services.
Paygentic plans to utilize the funds to grow its team and speed up the development of its AI-centric payments platform. The company, founded by Susan O’Neill and Samuel Alarco Cantos, is dedicated to creating payments infrastructure for AI-native businesses. Their platform supports AI-driven and usage-based applications, offering flexible monetization strategies through hybrid, usage-based, and outcome-based pricing models. Among its early adopters are AI startups like ChaseLabs.
