AltPay

London, United Kingdom Founded: 2018 • Age: 8 yrs
Internet-first bank
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About AltPay

AltPay is a company based in London (United Kingdom) founded in 2018 by Artjoms Dozorcevs.. AltPay has raised $383.61 thousand across 1 funding round. AltPay offers products and services including E-wallet, Visa Cards, and Apple Pay Integration. AltPay operates in a competitive market with competitors including Monese, Kashet, Fortu, Zvilo and MPT PAY, among others.

  • Headquarter London, United Kingdom
  • Founders Artjoms Dozorcevs
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Altpay Ltd
  • Date of Incorporation 04 May, 2018
  • Jurisdiction LONDON, UNITED KINGDOM
Operational Areas
Financial Services → FinTech & Digital Finance → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $383.61 K (USD)

    in 1 rounds

  • Latest Funding Round
    $383.61 K (USD), Seed

    Oct 27, 2020

  • Investors
  • Employee Count
    Employee Count
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Products & Services of AltPay

AltPay offers a comprehensive portfolio of products and services, including E-wallet, Visa Cards, and Apple Pay Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Secure platform for managing multi-currency transactions and payments

Physical and virtual cards for business expense tracking and secure transactions

Enables seamless mobile payments through integrated wallet services

Funding Insights of AltPay

AltPay has successfully raised a total of $383.61K through 1 strategic funding round. The most recent funding activity was a Seed round of $383.61 thousand completed in October 2020. 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
  • Total Rounds 1
  • Last Round Seed — $383,607
  • First Round

    (27 Oct 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Seed - AltPay Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by AltPay

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AltPay

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Altpay Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of AltPay

AltPay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Monese, Kashet, Fortu, Zvilo and MPT PAY, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
Monese
domain founded_year HQ Location
Digital banking services are offered to individuals and businesses.
Kashet
domain founded_year HQ Location
Digital banking services are offered to individuals and businesses.
Fortu
domain founded_year HQ Location
Digital banking services are offered to high-net-worth individuals and businesses.
Zvilo
domain founded_year HQ Location
Digital banking services are offered to individuals and businesses.
MPT PAY
domain founded_year HQ Location
Digital-only bank
Interpolitan Money
domain founded_year HQ Location
Provides multi-currency accounts, cross-border payments, and escrow for individuals and businesses.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Altpay

ONPEX: Partnered with AltPay
Fintechinshorts • 6 years ago

Frequently Asked Questions about AltPay

When was AltPay founded?

AltPay was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is AltPay located?

AltPay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Who is the current CEO of AltPay?

Artjoms Dozorcevs is the current CEO of AltPay. They have also founded this company.

Is AltPay a funded company?

AltPay is a funded company, having raised a total of $383.61K across 1 funding round to date. The company's 1st funding round was a Seed of $383.61K, raised on Oct 27, 2020.

What does AltPay do?

Altpay is an internet-first bank. Offers multicurrency IBAN accounts for both individuals and businesses. Users can make local international transfers via SEPA and SWIFT, send and receive funds in over 25 currencies. Also offers virtual cards and contactless Mastercards.

Who are the top competitors of AltPay?

AltPay's top competitors include Monese, Zvilo and Kashet.

What products or services does AltPay offer?

AltPay offers E-wallet, Visa Cards, and Apple Pay Integration.

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