Tallinn-based fintech Creem helps AI-driven startups scale, handle payments and taxes, and automate financial workflows.
Creem, building a programmable finance platform tailored for AI-native, distributed startups, has raised €1.8 million in a pre-seed funding round led by Practica Capital, alongside Antler and several notable angel investors.
Its platform enables AI-driven businesses to send and receive payments worldwide through both fiat and stablecoin rails. Besides payment transfer and settlement, it embeds complex revenue distribution automation, support for tax processing and compliance, workflow integrations via APIs, and more.
One of the prominent platform features is Revenue Splits, now publicly available, which automates complex revenue sharing across contributors, products, or sales channels. Early adopters reported that the tool reduces manual reconciliation and supports collaboration with external contractors and technical partners.
Creem announced that the newly raised capital would be directed toward scaling its programmable finance platform and strengthening its compliance and payment infrastructure worldwide. The startup plans to extend its payment capabilities into more markets, enhance compliance features, and further develop programmable APIs for revenue automation, KYC, tax, and embedded workflows, aiming to equip AI-native teams with tools to operate globally from day one.
According to the company, its platform is gaining traction among startups, particularly in emerging markets, by offering programmable solutions and multi-party payouts across both fiat and stablecoin rails. The finance engine integrates directly into startup workflows, serving as a developer-first alternative to the fragmented systems often used in financial operations.
Practica Capital, one of the investors, positioned Creem as an orchestration layer for the emerging business models built around globally distributed teams, contractors, and automated workflows, describing it as infrastructure tailored for lean teams operating large, distributed networks. The fund suggested that this approach reflects a shift in how companies will be structured and scaled.
The startup, founded less than a year ago by Gabriel Ferraz and Alec Erasmus, both formerly at Google and Adyen, reported passing €930k in annualised revenue while still being operated solely by the two founders without a sales team. The founders bring prior experience in crypto, payments, and compliance: Ferraz previously built a crypto payments platform that processed over €180 million in GMV, while Erasmus led KYC infrastructure at Adyen and worked on backend systems for brokerages.
