FRAGMENT
AcquiredFRAGMENT provides a real-time, programmable ledger API that serves as the financial system for AI agents and fintech companies. The platform centralizes balances across banks, cards, wallets, and payment rails, automating reconciliation and billing while supporting multi-currency and stablecoin transactions. It enables engineers to model any funds flow as code and ship financial features in weeks rather than months.
- Financial Technology
- Software Only
- Developer Tools
- Blockchain & Cryptocurrency
Funding
Raised to date
$23MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 2 rounds
CCEC+5$12M · Series A
Announced Oct 2026
Disclosed cumulative: $21M
Founders
Product
Problem
Fintech platforms, brokers, and marketplaces often rely on traditional databases to track complex, multi-currency money movements, leading to high operational overhead, reconciliation errors, and slow product development. Building and maintaining the table-stakes functionality of a financial system—such as ledgers, payments, and reconciliation—is a significant engineering burden that diverts resources from core product differentiation.
Solution
Fragment provides a real-time, programmable ledger API that serves as the database for money. It centralizes balances across banks, cards, wallets, and payment rails, delivering low-latency reads and high-throughput writes. The platform automates reconciliation, supports multi-currency and stablecoin transactions, and offers built-in billing and clearing-account models. Engineers can define custom schemas, simulate scenarios, and collaborate via a multiplayer dashboard, reducing the time needed to ship financial features from months to weeks while maintaining regulatory compliance. Fragment also provides a payments API and reconciliation tools, enabling companies to move and track money in a single API call. The platform is positioned as the financial system for agents, with programmable money that bills, pays, and accounts for itself.
Target Audience
Primary customers are fintech companies, digital brokers, and online marketplaces that need a reliable, programmable ledger to manage real-time balances, multi-currency transactions, and automated billing. The platform is also used by companies building AI agents that need to handle financial operations.
Features
- Real-time ledger with sub-second read latency and scalable write throughput
- Multi-currency and stablecoin support (e.g., USDC, USDT) with dynamic currency resolution
- Schema-driven account hierarchy, clearing accounts, and reversible entry migrations
- Built-in multi-party billing and invoice versioning for complex payment flows
- Multiplayer dashboard for concurrent schema editing and scenario testing
- Comprehensive SDKs (including Go v3) and CLI tools for schema verification and data migration
- API filters, tagging, and timestamp metadata for precise ledger queries
- Integration hooks for ACH, FedNow, RTP, wire, and blockchain-based payments
- Repeated Entry Lines for batch processing of fundings, payouts, or reconciliations in a single atomic transaction
- MCP server for connecting AI agents to design schemas
- Strongly consistent parent balances for immediate reflection of descendant entries
- Line tags and entry tags for granular querying and metadata management