Visa invests in Replit to enable agentic payments for developers

Visa has announced an undisclosed investment in AI coding platform Replit, signaling a major push into agentic payments — a future where AI agents buy and sell on behalf of users. The two companies are exploring how to integrate Visa’s payment products into Replit so that developers and the agents they build can accept payments directly from customers without leaving the platform. Key technologies under consideration include Visa Intelligent Commerce (a suite for AI-powered payments) and Visa’s Trusted Agent Protocol, which lets AI agents securely share identity and intent data to verify transactions. Over 1,000 Visa employees already use Replit for prototyping. All projects are exploratory; no formal products announced yet. The investment reflects a broader industry race, with Robinhood enabling agentic trading and Google pushing agentic shopping.

Replit is simultaneously launching a self-serve enterprise access program, allowing companies to sign contracts worth up to $200,000 without sales intervention, with features like SSO, audit logs, and advanced permissions. CEO Amjad Masad noted that enterprise traction is surging, with net retention rates as high as 300% and very low churn. Customers who try to rebuild apps off Replit often make them worse, keeping them on the platform. This growth follows Replit’s $400 million Series D in March at a $9 billion valuation — tripling its valuation in under six months. The “vibe-coding” trend has driven massive investor interest in platforms like Replit, Cursor, and Lovable.