Creem, an Estonian AI-driven financial technology start-up, has raised €1.8 million in pre-seed funding, led by Practica Capital with Antler and several angel investors also joining the round.
The company is only ten months old, but it has already passed US$1 million in annualised revenue. According to Creem, its monthly payment volumes are growing at more than 300 per cent month on month – all with just two technical founders running the operation.
Creem’s platform is designed to simplify the financial headaches of fast-moving start-ups. It acts as a “programmable finance layer” that replaces fragmented systems and manual workarounds. In practice, this means founders can handle global payments, taxes, multi-party payouts and compliance from one place – whether paying in traditional currencies, stablecoins, or both.
One of its standout tools is automated revenue-splitting. Instead of manually dividing payments between contributors, products or sales channels, Creem does the maths instantly, saving teams hours of reconciliation work and allowing distributed groups to scale more easily.
Early users report smoother collaborations with contractors, creators and engineers, as well as significant time savings. Creem says it is building “a full commercial and financial stack” tailored for a new wave of start-ups: those led by technical founders, working with globally dispersed teams, and operating AI-first workflows that quickly outgrow older financial tools.
The start-up was founded in Estonia by Brazilian entrepreneur Gabriel Ferraz – who previously launched Brazil’s first crypto software agency – and South African engineer Alec Erasmus, who has built backend systems for leading crypto brokerages.
