Visa announced an undisclosed investment in AI coding platform Replit. The companies are also exploring ways to integrate Visa’s payments products into Replit, allowing developers and the AI agents they build to accept payments directly from customers without leaving the platform.
Visa added that more than 1,000 employees use Replit for prototyping and development. As part of the partnership, the companies are exploring how Replit’s developers can leverage Visa’s AI-powered payments suite, Visa Intelligent Commerce, and Visa’s Trusted Agent Protocol, a system that securely verifies an AI agent’s identity by sharing information such as its intent and relevant customer details, allowing agents to verify and trust payments. All of these projects are in the exploratory stage, and the two companies have not officially announced any joint products.
The investment reflects a broader race to establish an infrastructure for so-called agent payments, a world where AI agents buy and sell things on behalf of users. Besides Replit and Visa, other technology companies are also moving quickly in this space. Retail investment platform Robinhood currently wants users to use agents for trading, while Google wants users to deploy agents for shopping.
“Our company has received increased attention in recent months, and the addition of Visa underscores our mission to make coding available to everyone in a secure and robust way,” Amjad Massad, CEO and founder of Replit, said in a statement.
Replit is also launching self-service Enterprise Access, which allows businesses to sign contracts worth up to $200,000 without speaking to a sales representative. This layer provides enterprise-grade compliance and controls, including single sign-on (SSO, a system that allows employees to access multiple tools with one set of credentials), audit logging, and advanced privileges.
“The combination of continued customer and partner additions within the enterprise and new self-service programs brings us closer to a world where any team can quickly and securely move from idea to production-ready software,” Massad added.
As demand for so-called vibe coding platforms soars, startups like Replit, Cursor, and Lovable are seeing rapidly rising valuations and growing investor interest. Last September, Replit was valued at $3 billion. Six months later, in March, the company raised $400 million in a Series D led by Georgian Partners at a valuation of $9 billion, tripling its valuation in less than six months.
At TechCrunch’s StrictlyVC event in San Francisco in May, Massad said Replit’s churn rate is very low and its customers are loyal.
“Churn is very low, and net retention rates are incredibly high, 300% in some cases. What we actually hear from customers is that when engineers get nervous and try to rebuild an app onto their own stack, things often get worse. Once companies get used to the full Replit stack, they continue to keep their apps on Replit, especially if they set up a single-tenant environment,” he said.
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