Alpha Payments Cloud is a global leader in providing third party payment, risk and commerce solution access to international banks and merchants through the AlphaHub platform. With all integrations accessible through a single API, Alpha Payments Cloud eliminates restrictions and friction caused by legacy platforms, and introduces the possibility of infinite third-party vendor access.
WHY WE INVESTED
The dilemma facing the payments industry today is the friction, restrictions and colossal expense that banks and merchants face when attempting to update their legacy platforms by integrating new services and solutions. We’ve observed firsthand the transformational nature of Alpha Payments Cloud’s solution for large banks and institutions and has invested an undisclosed amount into Alpha, raising APC’s valuation to USD $250 million and further fueling Alpha’s growth story.
A key element of our investment approach is pro-active support to help such businesses scale or in this case, expand within the MENA region, a region ready for growth through fintech solutions.
“We are very excited to be investing in and partnering exclusively with Alpha in the Gulf region and selected countries in the Middle East,” commented Talal Yassine, Chairman at First Quay Capital. “Alpha represents the next generation of unique, innovative, cost effective institutional middleware on a revolutionary global platform.”