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Fintech Natural Launches With $9.8M Seed Round to Power Agentic Payments

Fintech Natural Launches With $9.8M Seed Round to Power Agentic Payments

November 7, 2025 Craig Etkin

Startup is spearheading new financial infrastructure for AI agents that can autonomously execute transactions

SAN FRANCISCO–(BUSINESS WIRE)–Natural, a fintech company building the infrastructure powering agentic payments, announced its emergence from stealth driven by a $9.8 million seed round. Co-led by Abstract and Human Capital, the round was also supported by Forerunner Ventures, Terrain, Restive Ventures, Genius Ventures, and a coalition of prominent tech founders and operators–including Zach Abrams (CEO, Bridge), Immad Akhund (CEO, Mercury), Eric Glyman and Karim Atiyeh (CEO & CTO, Ramp), Guillermo Rauch (CEO, Vercel), Itai Damti (CEO, Unit), Matt Michaelis (CEO, Emprise Bank).

Legacy payment systems are built around human-to-human interaction, though agents will soon be responsible for a majority of global transaction volume. Natural is building the payments infrastructure for this agent economy — making it easy for agents to send, receive, and manage payments with businesses, consumers, and other agents. The company is starting with embedded B2B use cases and aims to power all types of financial interactions in the future.

“Today’s agents lack the fundamental infrastructure necessary to financially engage with the broader world,” said Kahlil Lalji, Natural CEO. “We need infrastructure allowing them to act securely and effectively. We’re here to fix that.”

Unlike legacy consumer payment rails, Natural is built to support the complex workflows and approval chains required for autonomous payments, empowering companies to build agents that can make decisions and complete transactions on their behalf. Examples include:

  • Property management: Agents sourcing, hiring, and paying contractors for maintenance.
  • Logistics: A freight negotiation agent settling payments with truckers.
  • Healthcare: A back-office agent sourcing and paying vendors and suppliers at a hospital.
  • Procurement: Inventory management agents monitoring product in real-time, negotiating with suppliers, and automatically handling payments.
  • Construction: Agents sourcing labor and materials, negotiating terms, and enabling instant payments between and across large suppliers and independent tradespeople.

“AI is moving from demos to production, and a major bottleneck is money that moves at the speed of compute,” said Ramtin Naimi, Founder of Abstract. “Natural solves the missing link for AI workflows to be truly end-to-end by rebuilding the stack for developers and agents across identity, authorization, and low-latency settlement.”

By autonomously handling approval chains and executing payments, Natural removes key operational hurdles for businesses, freeing teams to spend less time on complex transactions and more on strategic work.

“After knowing Walt and Kahlil for more than five years, we had no doubt about their ambition and how high they’d set the bar for the team they want to build,” said Baris Akis, Co-founder and CEO of Human Capital. “We are excited to lead Natural’s seed round and work closely with them to scale an exceptional team building the payment stack for AI agents.”

About Natural

Natural is building the financial rails for an agentic future where autonomous agents act on behalf of businesses and consumers to initiate, authorize, and execute payments. Traditional payment systems were designed for human-to-human interaction, with account numbers and interfaces built around manual workflows. But as agents drive an increasing share of global transaction volume, a new kind of financial infrastructure is needed – one that supports agent-to-agent interaction and decision-making via low-latency execution.

Designed for business use cases, Natural is the solution for evolved workflows, allowing the creation of agents that can transact with businesses, consumers, and other agents. Natural is backed by leading investors including Abstract, Human Capital, Forerunner, Terrain, Restive, Genius Ventures, and a network of top fintech founders and operators.

Contacts

Media Contact: pr@natural.co

(c)2025 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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