Alternative Payments

Alternative Payments is a fintech company based in New York, founded in 2021. It serves as a financial operating system for B2B services companies, particularly Managed Service Providers (MSPs) and offline service-based businesses. The company offers a fully integrated, web-based software platform that simplifies invoicing, payables, and analytics, helping businesses manage cash flow and revenue without traditional payment complexities. The platform includes features such as a payment system that accepts credit cards, ACH transfers, and B2B Buy Now Pay Later options. It also provides receivable management tools, customer financing options, and AI-driven analytics to enhance operational efficiency. Alternative Payments focuses on helping businesses reduce accounts receivable time and outstanding payments, making it easier for them to get paid faster. The company has raised $22 million in funding to support its mission of modernizing payment solutions for offline service-based businesses.