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Established
2011
Location
Singapore, -, Singapore
Primary Industry
Software
About
Alpha Payments Cloud Holdings Pte Ltd offers digital payment solutions aimed at enhancing transaction processing for businesses. It focuses on providing reliable infrastructure to facilitate seamless online payment experiences. Founded in 2011 and headquartered in Singapore, Alpha Payments Cloud Holdings Pte Ltd specializes in delivering payment technology solutions. The company has undergone strategic pivots to enhance its offerings in digital payments.
In March 2022, PPRO Financial Ltd. acquired Alpha Payments from First Quay Capital and Wells Fargo Startup Accelerator. The acquisition aims to fortify its position as a global leader in payments technology. It has completed four deals to date, with the latest funding round being a Series A, raising USD 0.
25 mn, bringing the total amount raised to USD 0. 60 mn and a current valuation of USD 250. 255 mn. The company was founded by a team with experience in the technology and finance sectors.
Alpha Payments specializes in digital payment solutions that streamline transaction processing for enterprises and payment service providers. Their offerings include a robust payment gateway and integration tools, designed to facilitate various payment methods, ensuring clients can cater to diverse customer needs. The company’s services support businesses of all sizes, focusing on enhancing user experience and operational efficiency across different sectors including e-commerce and retail. Their solutions enable customers to implement and manage payment processing, drive online sales, and ensure compliance with industry standards.
In 2021, Alpha Payments Cloud Holdings Pte Ltd reported revenue of USD 2,307,385, with an EBITDA of USD -1,034,752. Their revenue model revolves around subscription-based services, allowing clients to access their payment platform for transaction processing through annual or monthly fees, tailored to meet varying business needs. Following the acquisition in March 2022, Alpha Payments intends to leverage its resources to expand its offerings in the digital payments space. The company aims to introduce new products that enhance payment processing capabilities and streamline integration for clients.
It is also targeting expansion into new geographic markets, particularly in Europe and parts of Asia, within the next two years. The recent funding will be utilized to strengthen its technological infrastructure and improve customer service, positioning Alpha Payments as a trusted partner for businesses seeking efficient transaction solutions.
Wells Fargo Startup Accelerator, PPRO Financial Ltd.
Software
Analytics & Performance Software, Accounting/Finance Software
www.alphafin.tech
Cloud Computing, FinTech
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