Localpayment by Aleph
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Localpayment by Aleph - overview
Established
2018
Location
Belgrano, -, Argentina
Primary Industry
Software
About
Established in 2018 and based in Belgrano, Argentina, Localpayment by Aleph operates as a software company that specializes in providing payment solutions for markets like banks, payment processors, marketplaces, e-commerce, wallets, and gaming. In October 2024, Aleph Group, Inc. , a portfolio company of Mercado Libre Fund and CVC, acquired a majority stake in LOCALPAYMENT Group. LOCALPAYMENT Group now operates as Localpayment by Aleph brand.
As of 2024, the company is led by its CEO, Gaston Taratuta. Localpayment specializes in providing payment solutions for markets like banks, payment processors, marketplaces, e-commerce, wallets, and gaming. The company simplifies cross-border payments by providing a single API integration to access various local payment methods across multiple countries. The firm offers two primary solutions: Pay-In solution, which enables businesses to accept payments from customers in markets through various methods such as cards, bank transfers, cash payments, and virtual accounts; Pay-Out solution, which allows businesses to make mass payouts to recipients in emerging markets, streamlining processes like salary disbursements, supplier payments, and refunds.
Current Investors
Aleph Group, Inc.
Primary Industry
Software
Sub Industries
Financial Services, Accounting/Finance Software, Analytics & Performance Software, Application Integration Software
Website
www.localpayment.com
Verticals
Cloud Computing, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Localpayment by Aleph - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Localpayment by Aleph | - |
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