We back the rails software agents pay on.

fd equity is a Riga-based investment company. We fund the wallets, settlement rails, identity and spend controls that let autonomous software buy, sell and settle without a human pressing “pay”.

Send us your deck What we invest in
Agents paying, right now Illustrative feed
  • agent_7f2capi.weather.io0.0004 USDCx402 · per callsettled 212ms
  • procure-botgpu.spot-market3.18 USDCmandate #A19 · cap 50settled 640ms
  • travel-agentairbaltic.com189.00 EURcard on file · 3DS delegatedauthorised
  • research_a1arxiv-mirror.dev0.0012 USDCx402 · per pagesettled 188ms
  • shop-assistmerchant_339142.90 EURAP2 cart mandatesettled 1.2s

Payments were built for people. The next buyers are programs.

Cards, checkout pages and monthly invoices assume a person with a wallet and some patience. An agent makes thousands of small decisions a day and pays per request. It needs limits that a person sets once and can trust. That gap calls for new infrastructure, and we fund the teams building it.

Where we invest

Agent wallets and accounts

Programmable balances an agent can hold and spend, in euros or stablecoins.

EMI accounts · MPC wallets · USDC / EURC

Settlement and micropayments

Per-request pricing, streaming payments and instant settlement between machines.

x402 · SEPA Instant · L2 rails

Identity and authorisation

Knowing which agent acts for whom, under what mandate, with spend caps and an audit trail.

AP2 mandates · KYA · delegated 3DS

Merchant and API tooling

Helping sellers price, accept and reconcile agent payments, with fraud and risk controls built for them.

metered billing · agent risk scoring

How we work with founders

We write cheques of €50k–€500k at pre-seed and seed, for teams in Europe and beyond.

  1. Send a short deckTen slides are enough. Tell us who pays whom, and why an agent is involved.
  2. First call within a weekA direct conversation with the partner who decides.
  3. Decision, then hands-on helpIntroductions to payment partners, EU licensing know-how and support in later rounds.

Building payments for agents? Write to us.

Office
Grenču iela 5, Rīga, LV-1029
LinkedIn
linkedin.com/company/fd-equity
Legal entity
SIA FD · reg. no. 40203792843

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