Polish FinTech paymove has secured €2.12 million in a funding round led by 4growth VC, with participation from Kogito Ventures and a group of business angels. Founded in 2022, the company plans to use the investment to expand across Western Europe and accelerate the development of payment infrastructure designed for autonomous AI agents.

The funding comes at a time when investors continue to back companies building the next generation of payment infrastructure. Across Europe, capital is flowing into businesses focused on embedded finance, cross-border payments, and emerging use cases involving AI-driven financial operations.

Building payment infrastructure for the offline economy

paymove’s current focus is on digitalising unattended and offline payments. The company aims to simplify transactions for services such as parking, public transport, ticketing, administrative fees, payment requests, and paper invoices.

Its model replaces traditional payment hardware, including parking meters, POS terminals, and physical cash desks, with QR-code-based payments that do not require users to download an app or create an account. According to the company, this approach reduces implementation costs for merchants while creating a simpler payment experience for consumers.

The company currently operates in more than 2,000 locations across Poland, serving over 600,000 users and processing hundreds of thousands of transactions each year.

AI agents become the next growth opportunity

Alongside its existing payment products, paymove is developing infrastructure for agentic payments, a category focused on enabling AI agents to initiate and complete transactions autonomously.

According to CEO Piotr Mazur, the company’s long-term vision is to create a broader Payment-as-a-Service platform built around three areas: occasional payments, e-commerce and mobile payments, and AI-driven agentic payments. A dedicated infrastructure for AI agent payments is expected to be introduced later this year.

The strategy reflects a wider market trend as payment providers explore how autonomous software agents may participate in commercial transactions in the future.

Expansion plans move westward

Following its growth in Poland, paymove is now preparing for international expansion. The company has confirmed that advanced contract negotiations are underway in Spain, Portugal, and Italy.

Investors view Poland as an important proving ground for the business model. With domestic adoption established, the next phase will focus on replicating that success in larger Western European markets while targeting a sizeable offline payments opportunity across the region.

Key takeaways for fintech startups

• Large market opportunities often exist in overlooked and under-digitised segments.
  
  
• Solving operational friction can create value without requiring complex consumer behaviour changes.
  
  
• Domestic market validation can strengthen the case for international expansion.
  
  
• Payment infrastructure continues to attract investor interest, particularly when linked to emerging AI use cases.
  
  
• Combining proven products with future-facing innovation can support a compelling growth narrative.

If you’re building a fintech startup and refining your growth strategy, positioning, or market expansion plans, Your Fintech Story can help. Contact us.