Skip to content

Mastercard Invests $15 Million in SmartGPT to Drive Innovation in P2P Payment Networks

Mastercard injects $15M into SmartGPT, eyeing the AI-driven P2P payments future. With Microsoft Ventures on board, is this the dawn of a new payment era?

Mastercard's $15M Leap into AI-P2P Payments with SmartGPT!

Global payment titan, Mastercard, has strategically aligned with tech innovator, SmartGPT, pumping in a hefty $15 million. This collaboration, emblematic of Mastercard's vision for an AI-centric P2P payment paradigm, draws attention from industry giants, with Microsoft Ventures (M12) too backing SmartGPT.

The partnership's cornerstone lies in the mutual vision harbored by both entities: an AI-fueled revolution in P2P payments. Aleksandar Tisinovic, Mastercard's Director of Treasury, praises SmartGPT’s technical acumen and team, expressing confidence in their collective ambition to innovate the P2P space.

On the flip side, SmartGPT's excitement mirrors Mastercard's enthusiasm. They see this collaboration as an avenue to explore the vast possibilities of AI in revolutionizing payments.

SmartGPT’s essence is rooted in their expertise in AI and blockchain, cornerstones for the future of digital payments. Their trump card? A colossal Large-Scale Language Model (LLM), which has intrigued the tech cosmos.

Beyond financial impetus, Mastercard's $15 million underlines their dedication to sculpting the future of P2P payments. Their shared goal with SmartGPT? To transform the very way peer-to-peer transactions unfold.

M12's investment in SmartGPT accentuates the company's stature in the tech world, suggesting that SmartGPT is poised to redefine technological norms.

Both Mastercard and SmartGPT are on a mission: to instigate a revolution in P2P payments through AI innovations. Their collaboration spells promise for a futuristic, efficient, and versatile payment ecosystem.

In sum, the fusion of Mastercard’s global network prowess and SmartGPT’s avant-garde technology sets the stage for what might just be the next big thing in the P2P payment arena. Their joint vision stands as a beacon for an imminent transformation, promising a seamless, secure, and state-of-the-art financial environment for all.