Alternative Payments offers an end-to-end B2B payments and checkout platform that provides immediate access to merchant services including credit card, ACH bank transfer, and client-facing financing (B2B buy now, pay later). Its software fully integrates with customers' ERP and accounting systems to track accounts receivable, reconcile payments, and accelerate time-to-pay. The company targets underserved industries such as IT service providers, managed services providers, and blue-collar sectors that rely on legacy systems. Alternative Payments says its platform reduces days sales outstanding by 40–50% for customers and has grown total processing volume nearly 5.0x since 2024. The raise will be used to accelerate development of autonomous payment solutions, expand globally, and scale the go-to-market team. Leadership frames the product as a turnkey, automated alternative to legacy payments and financing providers.

Total raised

$22M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2025