Tech Funding News highlights Alternative Payments’ $22 million raise to modernize payments in blue-collar and service-based B2B industries long neglected by fintech. The article outlines how the company’s platform replaces outdated manual systems with automation that accelerates receivables and slashes time-to-pay.
CEO Baxter Lanius is quoted framing the mission as one focused on “solving long-standing, overlooked problems,” while investors at MissionOG and Third Prime back the startup’s vision to lead a massive shift in B2B payments infrastructure.
The article emphasizes Alternative Payments’ traction—600 customers, 5x volume growth, and a product that blends collections, payments, and real-time analytics—all delivered through an embedded, SaaS-style model.
