Locus is developing payment infrastructure specifically designed for AI agents, addressing the critical need for secure and auditable financial transactions in the machine economy. Founded by Cole Dermott and Eliot Lee, the company provides a policy-driven control layer that allows businesses and developers to safely connect their autonomous agents to funds. This infrastructure enforces budgets, permissions, and offers full auditability across various payment rails like USDC, ACH, and wire transfers, ensuring agents can make payments for tasks such as e-commerce purchases, contractor compensation, or accessing paywalled data without risks like overspending or incorrect vendor payments. Locus aims to fill the B2B gap in agentic payments, enabling complex workflows like automated invoice handling, procurement, and reimbursements.