About Alpha Fintech
Alpha Fintech is a Financial Services company based in Dublin (Ireland) founded in 2011, and was acquired by PPRO in March 2022. Omnichannel payment solutions are facilitated via middleware platform. Alpha Fintech has raised $12 million across 3 funding rounds from investors including PPRO, Wells Fargo and First Quay Capital. Alpha Fintech was last valued at $250 million in October 2016. Its focus areas include FinTech, Payments, Enablers and Issuer Processor. Its legal entity is Alpha Payments Cloud Pte Ltd.
Company details
Alpha Fintech was founded in 2011 in Dublin, Ireland, within the fintech sector. An omnichannel payment solution access platform, known as AlphaHub, is provided as end-to-end middleware. Connections are established between merchants, buyers, and vendors across payments, risk, and commerce through APIs and user interfaces. Support is extended to eCommerce, mPOS, and POS payments, with services encompassing payment processing, merchant acquiring, e-wallets, payment gateways, and subscription billing.
- Headquarters Dublin, Ireland
- Stage Acquired
- SectorsFinancial Services
- Website alphafin.tech
- Social LinkedIn X
- Acquired by PPRO (Mar 2022)
- Legal Name Alpha Payments Cloud Pte Ltd
Funding Insights of Alpha Fintech
Alpha Fintech has successfully raised a total of $12M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12M
- Total Rounds 3
- First Round $12M
(May 2013)
- Investors Count 2
All 3 funding rounds of Alpha Fintech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | Series A | $250M | β | ||
| Jun 2016 | Seed | β | Wells Fargo | β | |
| May 2013 | $12M | Seed | β | β | β |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2016 | $250M | β’β’β’β’β’β’β’β’ |
Last known valuation $250M (Oct 2016). 3 investors in total: 3 institutional.
Investors in Alpha Fintech
Alpha Fintech has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include PPRO, Wells Fargo and First Quay Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
First Quay Capital is engaged in investing in financial and medical technologies. | firstquaycapital.com.au | Sydney, Australia | ||
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
Merchant acquiring and orchestration solutions are provided for payments. | 2006 | ppro.com | London, United Kingdom |
Investor details for Alpha Fintech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Alpha Fintech
2 people are tracked at Alpha Fintech (2 in leadership).
| Name | Role | Group |
|---|---|---|
Scott Pender | COO | Leadership |
Oliver Rajic | CEO | Leadership |
Complete people profiles for Alpha Fintech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Alpha Fintech
5 dated milestones of Alpha Fintech across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Alpha Fintech is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series A,.
- Milestone Reaches Minicorn status.
- Exit Acquired by PPRO.
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Related news about Alpha Fintech
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Frequently Asked Questions about Alpha Fintech
Alpha Fintech was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Alpha Fintech is headquartered in Dublin, Ireland.
Alpha Fintech is a funded company, having raised a total of $12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $12M, raised on May 2013.
Annual revenue of Alpha Fintech is $4.77M as on Jun 30, 2021.
Alpha Fintech was founded in 2011 in Dublin, Ireland, within the fintech sector. An omnichannel payment solution access platform, known as AlphaHub, is provided as end-to-end middleware. Connections are established between merchants, buyers, and vendors across payments, risk, and commerce through APIs and user interfaces. Support is extended to eCommerce, mPOS, and POS payments, with services encompassing payment processing, merchant acquiring, e-wallets, payment gateways, and subscription billing.
Alpha Fintech has 3 investors. Key investors include PPRO, Wells Fargo, and First Quay Capital.
The valuation of Alpha Fintech is $250M as of Oct 2016.
Alpha Fintech operates through Alpha Payments Cloud Pte Ltd.
Yes. Alpha Fintech was acquired by PPRO in March 2022.

