Tether leads $15M funding for Mural to power AI agent payments

Oct 21, 2026

Tether has led a $15 million Series A funding round for New York-based Mural, supporting the financial technology company’s development of payment infrastructure for businesses and artificial intelligence agents.

According to Mural’s October 20 announcement, North Island Ventures and existing investors participated in the financing, bringing its total capital raised to $28 million.

Tether backs Mural as total funding reaches $28 million

Mural plans to use the investment to expand internationally and develop the banking, payment and compliance services needed for software agents to conduct financial transactions.

Founded in 2022 by former Palantir engineers Sinclair Toffa and Chris Fernandes, the company provides infrastructure that businesses use to manage accounts, payment instructions, identity verification and regulatory requirements across banking networks and blockchains.

Its customers include global payroll provider Deel, browser developer Opera and financial technology platform Axexo. Through Mural’s system, businesses can offer accounts holding dollars, local currencies and stablecoins without managing separate financial infrastructure for each payment method.

Mural develops payment controls for AI agents

Mural’s infrastructure allows companies to determine how software agents access accounts and execute transactions.

Its account management system includes spending limits, approved counterparties and additional authorization requirements for payments exceeding established thresholds.

For businesses deploying AI agents, the controls determine which transactions automated systems can initiate and which payments require further approval.

The arrangement is designed to work across banking services, payment networks and blockchain systems, giving businesses a consolidated record of financial activity.

Tether expands investments in AI payment infrastructure

The Mural financing follows several investments by Tether in companies developing automated payments, artificial intelligence and financial infrastructure.

On October 15, Tether Capital announced an investment in AIsa, which provides AI agents with access to paid software, data and computing services.

As crypto.news previously reported, AIsa’s financing brought its total funding above $9 million, with Tether and HIVEN joining existing investors including Alibaba and Tribe Capital.

AIsa focuses on enabling automated purchases of digital services, while Mural provides the underlying accounts, permissions and payment infrastructure used by fintech companies.

The investments were announced separately, and neither company has disclosed an integration between the two platforms.

View sources >> Tether leads $15M funding for Mural to power AI agent payments