Workflow
Artificial Intelligence-driven commerce
icon
Search documents
Basis Theory raises $33M
Yahoo Financeยท 2025-10-16 09:37
Group 1 - Basis Theory has raised approximately $50 million in its latest funding round to expand its workforce and enhance its services in artificial intelligence-driven commerce [3][8] - The company aims to develop its agentic AI capabilities, introduce new payment methods, and expand cross-border payment capabilities [5][6] - Basis Theory's client roster includes notable companies such as MoneyGram, Pinterest, and Melio, and its founders have experience from established payment firms like Yodlee and Klarna [4][8] Group 2 - The investment will enable merchants and platforms to conduct transactions more confidently and securely through agentic commerce, which allows AI agents to handle shopping and transactions on behalf of users [6] - Other major companies in the payment and tech sectors, such as Worldpay, Google, and Stripe, are also adapting to the rise of agentic AI in their operations [7]