Mural Raises $28 Million Total to Power Fintechs and Agentic Finance

Founded by former Palantir engineers, Mural is the compliant system of record that fintechs and platforms, including Deel and Opera, build on to move, store, and grow money for their customers and the agents acting for them

NEW YORK, Oct. 20, 2026 /PRNewswire/ -- Mural (https://www.muralpay.com), the compliant system of record for fintechs and platforms, announced today the completion of a $15 million Series A round of financing led by Tether, with participation from North Island Ventures as well as existing investors. The new capital brings the company's total funding to $28 million and will support Mural's global expansion and investments in the regulatory and payments infrastructure required to scale agentic finance.

"The economy is about to gain 10 billion new participants, and none of them are human," said Sinclair Toffa, co-founder and CEO of Mural. "Our mission has been to connect people and businesses to the Global Financial Internet. Now we are connecting agents as well."

Mural serves as a single system to manage the accounts, payments, identity, and compliance behind financial products designed for humans and the agents authorized to act on their behalf, handling the licenses, bank relationships, and local and blockchain payment rails required to operate across markets. Customers, including Deel, Opera, and Axexo, use Mural to build financial products such as payroll and remittance workflows, enabling their end users to hold dollars, stablecoins, and local currency in a unified account. These accounts have a policy and compliance engine that lets both people and agents securely store money and transact globally, with controls such as account limits, approved counterparties, and custom approvals on larger payments. Since launching its API in 2025, Mural has processed $2.1 billion in payment volume for end users in 128 countries. Its 2026 volume to date is nearly six times its total for all of 2025.

Many global businesses stitch together dozens of financial tools, bank partners, and compliance vendors to offer financial products to their customers. As these systems scale, so do the complexities of managing the components and policies of a user's financial accounts across platforms and providers. Stablecoins and agents are making the problem more acute. Real-world stablecoin payments more than doubled in 2025 to roughly $390 billion, with businesses accounting for about 60%, according to McKinsey and Artemis Analytics, and businesses are now accepting payments from AI agents. When an agent moves money, businesses need to know who authorizes it and who is accountable if it goes wrong.

As engineers at Palantir, Mural's founders, Sinclair Toffa and Chris Fernandes, worked alongside Fortune 100 companies to integrate various independent systems that were built for different functions. Now, they are solving the same problem for the growing number of software companies that are adding financial products with more capabilities, more providers and more systems operating around the same customer with nothing to connect them. The problem of disjointed systems only intensifies as companies begin connecting agents to their platforms.

Mural brought Palantir's forward-deployed model to finance: its engineers embed with customers on the ground in each market and launch the integration alongside them.

"We wanted people who know the market where they work and the intricacies of that market. They were on the ground in Colombia, they were thought partners, and they moved fast," said Olek Shtanoprud, Head of Payments at Deel.

Tether, which led the round, is the issuer of USD₮, the world's largest and most used stablecoin. "What drew us to Mural was the team's background building enterprise-grade software that connects existing systems to stablecoin rails. As agents start moving money, that connection to the banks, payment networks and compliance systems the world still runs on becomes essential, and Mural is already doing it at scale," said Paolo Ardoino, CEO at Tether.

Mural is available now to fintechs, platforms, and global businesses building financial products for people and the agents authorized to act on their behalf. Companies can get started at muralpay.com or reach the team at [email protected].

About Mural
Mural is the compliant system of record for companies building financial products. It brings accounts, money movement, identity, permissions and compliance together, giving businesses a consistent view of their customers and money across the systems they use. Built for people and agents acting on their behalf, Mural provides the financial infrastructure, licenses, and controls required to operate across products and markets. Founded in 2022, Mural is headquartered in New York. Learn more at muralpay.com

Mural Technologies, Inc. is a financial technology company, not a bank. Money transmission services are provided by Mural Networks, Inc. (NMLS ID 2744530), a FinCEN-registered money services business licensed in the states listed at muralpay.com/legal. In other states, Mural Technologies provides these services through federally chartered FDIC-insured U.S. banks.

SOURCE Mural