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Startup Neural Payments has raised $125,000 in investment from a Singapore-based venture capital fund

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The startup Neural Payments, founded in October by Dina Abdijsaparova and Shankar Satish, is developing infrastructure for financial transactions of AI agents. The project is based in Singapore and received $125,000 from the Antler Singapore fund among 10 selected projects. The team is spending the funds on development and security, planning to raise an additional $2 million in a seed round.

Startup Neural Payments is developing infrastructure that enables AI agents to securely and autonomously conduct financial transactions. The project was founded in October this year by Kazakhstani Dinara Abdižaparova, former head of Apple’s engineering department Shankar Satish, and former COO of Uzum Nasiya. The startup is based in Singapore. At the idea stage, Neural Payments received $125,000 from the venture fund Antler Singapore.

Initially, out of 3,000 applications to the program, only 98 founders were accepted, but throughout each week, those who did not show progress were eliminated. In the end, only 10 projects received funding at the idea stage.

The raised funds are being spent by the team on product development and security. Additionally, the plan is to raise another $2 million as part of a seed round.

Source: Digital Business

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Startup Neural Payments has raised $125,000 in investment from a Singapore-based venture capital fund

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