Fintech Futures covered Alternative Payments’ $22 million raise, emphasizing the company’s plans to scale its platform and expand its presence in underserved corners of the B2B economy. Led by MissionOG and Third Prime, the funding will go toward growing the go-to-market team and expanding the product beyond core payments and AR.
The article outlines how the platform brings together payments, reconciliation, and client financing—all designed to eliminate inefficiencies like paper invoicing, delayed collections, and fragmented payment flows. CEO Baxter Lanius reiterated the company’s broader ambition: “We’re building a financial services platform that allows MSPs to automate all money movement.”