Agentcard gets $8m to let AI agents buy with a user card

Agentcard, a payments firm that lets AI agents buy with the card of a user, closed $8m in seed funding. Businesses that make AI agents add its tool. Each user records a card one time, and the agent does not see the card number. The firm tells that agents can then buy items on the internet.

How it works

Users give approval for each purchase with a passkey, Face ID or their voice, or they set automatic approvals. The firm has 4 parts:

• Vault holds card data.
• Issuing makes cards for one use and cards that you can use more than one time.
• Voice, for some users at this time, lets users give approval by voice.
• opencommerce gives an agent one tool to find items, buy and monitor orders.

Who paid

These investors gave the funds:

• Peak XV
• Fin Capital
• Y Combinator

Some known technology leaders also back it, such as the heads of Shopify and Vercel.

What is not known

The firm gave no numbers on use, no test results and no company value. It is not known how many agents use the tool at this time.

Insight: Startups sell the layer that networks now make

Startups such as Agentcard sell a layer between AI agents and card networks. A card network, Mastercard, has its tool for agent payments. This reads as a move for that middle layer: startups must get developers before the networks make it a free tool. Developers must select a layer that they can change.