Tallinn-based Creem, a FinTech startup building financial infrastructure for AI-first businesses, has secured €1.8 million in a pre-seed funding round led by Practica Capital, alongside Antler and several notable angel investors, including Johan Pietilä, Martin Olofsson, and advisors from Revolut and Crypto.com. The capital will be used to grow the company’s programmable finance platform and expand its global compliance and payment capabilities.
Founded just 10 months ago by Gabriel Ferraz and Alec Erasmus, both former employees of Google and Adyen, Creem has already passed €930k in annualised revenue, all while being operated by just the two founders and no sales team. The startup is positioning itself as the financial OS for AI-native companies, targeting lean, globally distributed teams that require robust, scalable financial tools without the overhead of traditional departments.
The platform is already gaining traction with startups, particularly in emerging markets, offering programmable tools for global payments, tax handling, revenue automation and multi-party payouts across fiat and stablecoin rails. Its programmable finance engine integrates directly into a startup’s workflow, offering a developer-first alternative to the disconnected systems that typically plague modern financial operations.
“It’s clear that AI is blowing open the doors of entrepreneurship, but the infrastructure hasn’t caught up,” said Gabriel Ferraz, co-founder and CEO of Creem. “These aren’t big corporations with finance departments. They’re lean, fluid teams of builders and contributors from all over the world. We’re building the rails they need to operate at speed, scale, and transparency.”
With its flagship Revenue Splits feature now out of beta, Creem lets startups automate complex revenue sharing based on contributor, product, or sales channel, addressing a major bottleneck for startups working with distributed teams or multiple creators. According to early users, this not only reduces manual reconciliation but also improves collaboration with external contractors and technical contributors.
The company’s longer-term vision is to serve what it sees as a new generation of “programmable organisations,” where contributors, contractors and tools are embedded into the startup’s codebase from day one. That includes agent-powered workflows and embedded compliance mechanisms that scale automatically.
“Creem is building the orchestration layer for a new category of companies – ones where agentic-powered workflows can automate nearly every process, and the traditional org chart is replaced by lean, globally distributed teams,” said Arvydas Bložė, Partner at Practica Capital. “We see this as a fundamental shift in how companies will be formed and operated: a tiny core of builders, operating vast networks of contributors and systems. Creem’s infrastructure is exactly what this new wave of programmable organisations needs to operate at scale, from day one.”
Ferraz previously founded Brazil’s first crypto software agency and scaled a crypto payments platform to over €180 million in GMV before relocating to the Baltics in 2019. Erasmus led KYC infrastructure at Adyen and developed backend systems for crypto brokerages before teaming up with Ferraz at Change Invest.
Antler’s Tobias Bengtsdahl added: “Gabriel and Alec are exactly the kind of founders we love to back – deeply technical, globally ambitious, and building for a new kind of customer. As company formation becomes more decentralised and global, Creem is creating the financial infrastructure that will support the next generation of digital entrepreneurs.”
With this fresh injection of capital, Creem plans to expand its payment capabilities into more markets, enhance its compliance stack and build out programmable APIs for revenue automation, KYC, tax handling and embedded financial workflows, giving lean AI-native teams the power to operate globally from day one.
Read the orginal article: https://www.eu-startups.com/2025/08/tallinn-based-creem-raises-e1-8-million-to-help-ai-native-startups-pay-split-and-scale-without-borders/
