Observed Signal · Sep 9, 2025 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
Kashimi raises $1.36M for alternative payment infrastructure
Lithuanian startup Kashimi, a provider of open banking-powered account-to-account (A2A) payment infrastructure for regulated financial institutions, has raised a $1.36M pre-seed investment. The funding, co-led by Coinvest Capital and Impellent Ventures with participation from Plug and Play Tech Center and angel investors, will support expansion in Europe and the UK, as well as entry into the US market. Kashimi offers a unified API connecting institutions to hundreds of banks, enabling secure real-time payments with PSD2 compliance. The startup, with a team of 10 engineers, plans to accelerate client integrations and scale its operations. The company was also selected for Plug and Play's GOAL program to gain US market experience.
Funding for alternative payment infrastructure indicates growth in open banking and A2A payments, relevant for e-commerce and retail media transaction infrastructure, though not directly adtech-shifting.
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Key Takeaways & Evidence Grounding
- Kashimi raised $1.36 million in pre-seed funding.
- The round was co-led by Coinvest Capital and Impellent Ventures, with participation from Plug and Play Tech Center.
- Coinvest Capital contributed $749,985 of the total investment.
- Funding will support expansion in Europe, the UK, and entry into the US.
- Kashimi provides an open banking-powered unified API for account-to-account payments.
Ontology Mapping & Concepts
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