Alfred
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Alfred - overview
Established
2021
Location
Miami, FL, US
Primary Industry
Financial Services
About
Based in the US, Alfred Pay Labs, LLC provides innovative payment processing solutions that enhance transaction efficiency for businesses and consumers. Their fintech offerings simplify financial interactions across diverse platforms. Alfred Pay Labs, LLC, founded in 2021, is headquartered in Miami, US, and specializes in payment processing solutions. The company does not have any known pivots or changes in strategy.
The founder's history is not provided, and Alfred has not been noted as a subsidiary of any parent company. The company has completed 1 deal, raising a total of USD 15. 00 mn in their latest round, Series A, led by F-Prime Capital with participation from Brevan Howard and White Star Capital. This latest funding round concluded on January 26, 2026.
AlfredPay operates primarily in the fintech sector, offering comprehensive payment processing solutions designed to facilitate seamless transactions for businesses and consumers alike. Their core product suite includes a digital wallet, point-of-sale (POS) systems, and an array of payment integration services that support both in-person and online transactions. The primary customer base includes small to medium-sized enterprises (SMEs) across various industries, including retail, e-commerce, and service sectors, particularly in North America, Europe, and parts of Asia. By leveraging advanced encryption technologies and user-friendly interfaces, AlfredPay aims to enhance the overall customer experience while providing robust security for financial transactions.
AlfredPay generates revenue primarily through a transaction-based fee structure, charging clients a percentage of each payment processed through their platform. Additionally, they offer subscription models for businesses seeking to utilize their premium features, which may include advanced analytics and customized reporting tools. Transactions typically occur directly between AlfredPay and its clients, who range from individual entrepreneurs to larger enterprises. The flagship product, the AlfredPay digital wallet, is positioned to attract a diverse clientele by offering competitive pricing plans that facilitate smooth and efficient transactions.
The revenue from these various streams contributes to a diversified business model, allowing the company to maintain steady growth within the competitive fintech landscape. In January 2026, Alfred raised USD 15. 00 mn in Series A funding led by new investor F-Prime Capital, with participation from other new investors Brevan Howard and White Star Capital. The company will use the funding to support its product development and expansion plans initiatives.
AlfredPay plans to launch new products aimed at enhancing their customer offerings, although specific release dates are not mentioned. Additionally, the company intends to expand into new markets, with a focus on increasing its presence in Europe and parts of Asia by the end of 2026.
Current Investors
F-Prime Capital, Brevan Howard, White Star Capital
Primary Industry
Financial Services
Sub Industries
e-Financial, Application Integration Software, Accounting/Finance Software
Website
www.alfredpay.io
Verticals
FinTech
Company Stage
Series A
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.