Crowdfund Insider shared news of Alternative Payments’ $22 million in funding, highlighting the company’s mission to modernize how service-based industries manage money movement. With support from MissionOG and Third Prime, the company is scaling both its autonomous payment technology and team to better serve sectors that have long relied on slow, manual financial systems.
The article notes that Alternative Payments has helped customers cut their days sales outstanding by up to 50%—driven by end-to-end automation that streamlines invoicing, reconciliation, and client-facing financing.
