Stockholm-based SolvaPay has raised €2.4m (approximately $2.6m) in pre-seed funding to build payment infrastructure designed for AI-driven commerce, with backing from MS&AD Ventures and Redstone.
The round also included participation from Antler and Greens Ventures, highlighting growing investor interest in infrastructure supporting the emerging “agentic economy”.
Founded in 2025, SolvaPay is building machine-native payment rails that enable AI agents to autonomously discover, transact, and pay for digital services across platforms. The platform is designed to integrate directly into workflows, APIs, and applications, allowing payments to occur seamlessly within the user experience.
Unlike traditional payment systems, which operate in closed ecosystems, SolvaPay aims to remove fragmentation that currently limits how AI agents interact and transact across services. Its infrastructure enables pay-per-use billing, automated usage tracking, and embedded payments within conversational interfaces and AI workflows.
Viggo Stenseth said: “Every major technological shift has needed a financial layer before it could become a real economy. The internet needed it. E-commerce needed it. Now, we’ve reached the same point with the agentic economy, but naturally the transaction types, the speeds, and the compliance required for this are impossible within the existing infrastructure. We’ve built what was missing. The timing is not early, it is exactly right.”
The company’s model includes a 1% transaction fee on top of processing costs, positioning it as a monetisation layer for AI-native services and APIs.
From an insurance perspective, the involvement of MS&AD Ventures reflects increasing interest from carriers in infrastructure that underpins autonomous digital ecosystems. As AI agents begin to transact independently, new forms of operational and financial risk are expected to emerge.
Jon Soberg said: “As AI agents begin to transact autonomously, trust and reliability become just as important as speed and capability. SolvaPay sits directly in the flow of those transactions, which makes it a uniquely strategic position as new forms of digital risk emerge. We see this as an important building block for the next generation of the digital economy.”
The funding will be used to accelerate development of SolvaPay’s payment infrastructure, expand its engineering team, and support early adoption among businesses seeking to monetise AI-driven services.
Strategically, the raise underscores a broader shift towards embedded finance for AI ecosystems, where payment infrastructure is evolving to support autonomous decision-making, real-time transactions, and cross-platform interoperability—areas likely to create new opportunities, and risks, for insurers.
