Description
Floe Labs provides a payment and credit layer that sits in front of the API calls AI agents make. Agents can be funded via card or bank in 100+ countries (Visa, Mastercard, Apple Pay, Google Pay), with funds settling as USDC under the hood, and can then pay thousands of vendor APIs per call through a single proxy endpoint with no subscriptions or API-key juggling. Hard spend caps per agent, per vendor, and per task are enforced before a call is made, and every payment lands on one itemized, unified ledger for per-call, per-vendor, per-agent, and per-customer attribution. The company is also building a collateralized credit line (borrowing against deposited USDC) that is intended to evolve into behavior-underwritten spending authority as agents build a repayment track record, built around the x402 open payment standard from Coinbase and Cloudflare. Floe Labs is built by Alex Christian and Shivam Chaturvedi, co-founders of DataMynt, with backgrounds at Airwallex, Western Union, eBay, Kado.money, and Transak; its protocol is non-custodial, uses a dual-oracle setup (Chainlink primary, Pyth fallback), and has been audited by Omniscia. It primarily serves developers and teams building autonomous voice and AI agents that need programmable, controlled spending.