First Pass

8 stories from 6 sources

Payments infrastructure attracts the day’s biggest startup capital

Day’s Recap

Supporting Articles

Ant International raised $1.2 billion in Series A equity financing. The company plans to use the capital to expand cross-border payments and agentic commerce, and to strengthen merchant payments and account management capabilities.

9:43 AMPYMNTS

Ant International closed a Series A equity financing of about $1.2 billion. The round adds fresh capital to its global payments and fintech expansion plans.

5:25 AMFinextra

Augustus, previously Ivy, raised $180 million in Series B funding to expand a federally chartered banking platform that gives financial institutions direct access to US dollar accounts and payment rails. The company plans to scale its services for fintechs and banks, with a focus on customers in Latin America and Southeast Asia.

8:42 PMPYMNTS

Natural, a US fintech building a payments stack designed for AI agents, raised $30 million in Series A funding. The round was led by Kirsten Green at Forerunner.

8:01 PMFinextra

Other Developments

A curated list of other prominent stories from this day.

Zalando invested in robotics and physical AI company Sereact, bringing Sereact's Series B total funding to $116 million. The bet targets automation capabilities that can improve warehouse and logistics operations.

6:00 PMWWD

Factory-built housing startup Boxabl began trading on Nasdaq as BXBL after completing a merger with SPAC FG Merger II. The listing followed shareholder approval and moves the company into public markets.

11:56 AMHousing Wire

SkyPilot raised $20 million to help organizations source and run GPU workloads across whatever cloud or provider has capacity. The pitch is neutral infrastructure that arbitrages availability and cost without locking customers into one compute vendor.

7:08 AMFortune

Gritt emerged from stealth with $34 million to build robots that automate the hardest, most failure prone tasks on construction sites, starting with solar plant construction. The company is positioning solar as the wedge into broader construction automation.

6:00 AMTechCrunch

Make it yours

Build Your First Pass.

Pick your topics, set your cadence, and receive your personalized First Pass in your inbox. It’s that simple!