Trustap was founded in 2017 and has offices in Cork and Dublin, as well as the UK, the US, Spain and Croatia.

Irish payments and transactions start-up Trustap has raised $10m in funding to be used for product development and expansion of its team.

It will also facilitate the launch of Trustap Index, described by the Cork-based fintech company as “a solution designed to make marketplace or e-commerce listings fully transactable by AI agents”.

The service will “work with leading AI models to handle product discovery, negotiation and payment on a buyer’s behalf, with the human confirming each transaction before funds are released”, according to Trustap, to align with a growing shift towards delegation of online commerce from people to AI agents.

The index, which will launch in 2026 and has an open waitlist for early access, aims to close gaps in discoverability of products for shopping agents and help them make more informed buying decisions based on numerous shopping criteria across fragmented platforms through “structured data precision”.

“This funding gives us the runway to ensure that when an AI agent shops anywhere on the internet, it can find the listing, verify the seller and complete the payment securely through infrastructure it can rely on,” said Conor Lyden, Trustap’s founder and CEO.

“We’ve spent years building the transaction platform that make ecommerce, peer-to-peer and marketplace platforms safe, more profitable, and trustworthy for buyers and sellers. Trustap Index is the natural next step in that journey.”

The funding round was led by Aperture Capital, with participation from TX Ventures and other existing investors.

Ben Robinson, CEO of Aperture Capital, said: “The rise of agentic commerce is happening faster than many people realise. We believe that Trustap, which already works with hundreds of marketplaces providing secure end-to-end transaction management, is uniquely positioned to orchestrate agentic transactions.

“Trustap acts as a single, trusted aggregation point that indexes and transforms fragmented inventory data into consolidated machine-readable information.”

Trustap was founded in 2017 and has offices in Cork and Dublin, as well as the UK, the US, Spain and Croatia. It employs more than 40 people working with around 300 customers.

It raised $5.5m in a Series A funding round almost two years ago, and soon after became the first company invested in by the Digital Irish Venture Fund.

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