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Alternative Payments raises $22m for B2B platform for ‘underserved industries’

Congratulations to FTC portfolio company Alternative Payments on the announcement of their fundraise. With this platform, the company aims to digitize and automate B2B payment workflows for industries that have been underserved by the FinTech industry, including IT service providers, managed services providers and blue-collar industries.

“This raise marks an exciting new chapter for Alternative Payments, allowing us to scale our impact, expand globally, and continue building the infrastructure that will define the future of seamless, secure payments for underserved industries,” Alternative Payments CEO Baxter Lanius said in the release.

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alternative payments