Polish fintech Paymove has raised €2.12 mn in seed funding to develop payment infrastructure for autonomous AI agents and expand across Western Europe.
The round was led by 4growth VC, with participation from Kogito Ventures, business angels, and strategic investors. Paymove has now raised about €2.8 mn since launch.
Founded in 2023 by Piotr Mazur, Kamil Kuper, and Tomasz Gęsior, Paymove is building a Payment-as-a-Service platform for offline and digital transactions. The company focuses on occasional payments, e-commerce and mobile solutions, and agentic payments driven by AI models.
The startup wants to simplify payment infrastructure for merchants and partners that need cheaper, faster, and easier transaction tools. Its system replaces expensive physical hardware, including parking meters, cash desks, and some point-of-sale terminals, with secure QR codes.
Paymove’s QR-based model does not require customers to download an app or register before paying. That makes the product useful for unattended commerce, where payment moments often happen in parking, public transport, ticketing, paper invoices, administrative fees, and payment demands.
The company is targeting an offline payments market that remains heavily under-digitalised. Paymove estimates the European offline payments opportunity at €39.5 bn, with unattended commerce worth about €9.5 bn.
For merchants, the value sits in a low-friction entry point with no hardware costs and no complex implementation. The model also benefits from EU SEPA Instant regulations, which are pushing faster account-to-account payments across Europe.
Paymove already operates across more than 2,000 locations in Poland and serves over 600,000 users. The new funding will support international expansion, with advanced contract negotiations underway in Spain and further targets in Portugal and Italy.
The company also plans to develop payment infrastructure for autonomous AI agents. That architecture would allow AI systems to execute payments inside controlled transaction environments, a use case that remains early but increasingly relevant as agentic AI moves into commerce and workflow automation.
“Paymove’s ambition is to build a cohesive payment ecosystem for partners seeking technologically straightforward and cost-effective solutions,” said Piotr Mazur, founder and CEO of Paymove.
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, founder and CEO of Paymove
Paymove operates as an authorised Small Payment Institution under the supervision of the Polish Financial Supervision Authority. The company also plans to apply for an Authorised Payment Institution licence as it grows beyond Poland.
Jan Kastory, managing partner at 4growth VC, said the offline payments market still relies on outdated and expensive infrastructure. He said Paymove defines merchant needs well and offers simple implementation with no hardware cost.
“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,” Kastory said. “We see massive scalability here.”
Marcin Jaszczuk, managing partner at 4growth VC, said Paymove has made strong progress since early investor discussions two years ago. He said the company proved its model in Poland and now has a foundation for international growth.
The team currently has 12 employees. The fresh capital will fund product development, AI-agent payment infrastructure, and commercial expansion in Western Europe.
According to Beinsure analysts, Paymove sits at the intersection of embedded payments, unattended commerce, and agentic AI infrastructure. The company’s near-term opportunity comes from replacing hardware-heavy offline payments with QR-based flows.
The longer-term bet is more unusual: payment rails built for autonomous AI agents that need safe, auditable, and low-cost ways to transact.
