Mural Secures $15M in Series A Funding Led by Tether

Mural, a NYC-based provider of a compliant system of record for fintechs and platforms, has secured $15M in a Series A funding round, bringing the total amount to $28 million.

The round was led by Tether with participation from North Island Ventures and existing investors.

The company will use the new funding to expand globally and strengthen its regulatory and payments infrastructure.

What is Mural?

Mural provides a financial infrastructure platform for companies building products such as payroll, remittances and digital accounts. It brings account management, payments, identity verification, permissions and compliance into one system.

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The platform helps businesses manage financial services across different countries without having to connect multiple providers and systems separately. It supports bank relationships, regulatory requirements, local payment networks, and blockchain-based payment rails.

Mural also supports financial products designed for AI agents authorised to act on behalf of people. Its compliance tools allow businesses to set payment limits, approve specific recipients and require additional approval for larger transactions.

How Much Funding Has Mural Raised?

Mural has raised $15 million in its Series A funding round, taking its total funding to $28 million.

The latest round was led by Tether, with participation from North Island Ventures and existing investors. The source does not provide details of the company's previous funding rounds.

Who Invested in Mural’s Series A?

Tether led Mural’s $15 million Series A funding round.

North Island Ventures and existing investors also participated. The company has not disclosed the names of its other existing investors in this announcement.

Why the Funding Matters

Mural will use the funding to support its global expansion and invest in the regulatory and payments infrastructure needed to scale its business.

As more companies introduce stablecoin payments and AI agents into financial services, businesses need systems that can manage transactions, permissions, and compliance across different providers and markets.

Mural aims to address these challenges by connecting financial systems and giving companies a consistent way to manage accounts and payments. Its infrastructure is designed to support both people and authorised AI agents.

Who founded Mural?

Mural was founded in 2022 by Chris Fernandes and Sinclair Toffa, who previously worked as engineers at Palantir. During their time there, they worked with Fortune 100 companies to connect separate systems used for different business functions.

The company is headquartered in New York. Its engineering team works directly with customers in individual markets to help implement integrations and launch financial products.

"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."

"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.

Market and Business Growth

Since launching it's API in 2025, Mural has processed $2.1 billion in payment volume for end users across 128 countries.

The company's payment volume in 2026 so far is nearly six times the total recorded throughout 2025. This growth reflects increased activity across its financial infrastructure platform.

Mural's customers include Deel, Opera and Axexo. Its platform supports financial products that allow users to manage dollars, stablecoins, and local currencies through unified accounts.

The company operates in a market where businesses are increasingly using stablecoins and exploring payments initiated by AI agents. These developments create new requirements for transaction controls, accountability, and regulatory compliance.

What Happens Next?

Mural plans to expand into more markets and invest in the regulatory and payments infrastructure needed to support its growing customer base.

The company will continue developing its platform to help fintechs and digital businesses manage accounts, payments, and compliance across different systems. It also aims to support the growing use of stablecoins and authorised AI agents in financial transactions.

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