Payment infrastructure provider X Pay completes $1 million financing, with participation from Zerra Ventures and others

According to Financewire, payment infrastructure provider X Pay, aimed at AI entities and APIs, announced the completion of a $1 million financing round, with investors including DCI, Credit Scend, Skyland Ventures, Zerra Ventures, and 5 other institutions.

The funds from this round will be used to expand the supported blockchain networks, conduct independent security audits, launch an API marketplace, and prepare for EU compliance requirements, including MiCA.