Alfred Raises $15M to Expand Payments Infrastructure Across Latin America

Latin America’s digital economy is growing rapidly, yet its payments landscape remains fragmented across countries, regulations, and local methods. Businesses expanding across the region often face complex integrations, high operational costs, and slow settlement processes. Alfred is emerging as a payments infrastructure provider designed to simplify this environment by offering a single API connection for local LATAM payments. The company has recently raised $15 million in a Series A funding round led by F-Prime, Brevan Howard Digital, and White Star Capital, reflecting strong investor confidence in the need for modern financial infrastructure across the region.

Alfred positions itself as a payments infrastructure company that partners with both fintech startups and regulated financial institutions in Latin America. Through its API-driven platform, businesses can offer local payment methods across multiple countries without building separate integrations for each market. This unified approach allows companies to scale regionally with greater speed and reliability while maintaining compliance with local regulations. By bridging traditional financial rails with crypto-based payment technologies, Alfred aims to support the evolving needs of LATAM’s digital economy, where both fiat and blockchain-based transactions are increasingly relevant.

The company’s solutions are built to support a wide range of payment use cases, including collections, payouts, and cross-border flows. Alfred’s platform enables businesses to access local bank transfers, real-time payment systems, and alternative payment methods that are essential in many Latin American markets. Developer-friendly documentation and API tools make it easier for fintechs and enterprises to integrate payment functionality into their products, reducing technical complexity and time to market. This infrastructure-first approach reflects a broader trend in fintech, where specialized platforms are replacing bespoke integrations with standardized, scalable services.

Coverage is a key component of Alfred’s strategy. The company supports multiple Latin American countries, allowing businesses to operate across the region through a single integration. This regional footprint addresses one of the biggest challenges for fintech expansion in Latin America, where each market often requires unique technical and regulatory setups. By centralizing access to local payment systems, Alfred enables companies to expand into new countries more efficiently, opening opportunities for regional commerce and digital services.

Alfred’s focus on connecting Web3 technologies with regulated financial institutions adds another layer of differentiation. In many emerging markets, crypto-based payments and stablecoins are increasingly used for cross-border transactions and as alternatives to traditional banking rails. Alfred’s platform is designed to support this convergence by enabling businesses to move value between blockchain networks and local fiat systems in a compliant manner. This capability positions the company to play a role in the growing adoption of digital assets for everyday financial transactions across Latin America.

What Alfred’s Series A Funding Will Support Next?

The Series A funding will allow Alfred to continue expanding its infrastructure, deepen its coverage across LATAM, and enhance its platform capabilities. As digital commerce and fintech adoption accelerate in the region, demand for reliable payments infrastructure is expected to grow. Companies building consumer and enterprise financial products increasingly require platforms that can handle regional complexity while providing modern APIs and real-time capabilities. It’s growth reflects this rising need for foundational fintech services that support innovation at scale.

As Latin America’s digital economy continues to mature, the role of infrastructure providers like Alfred is becoming increasingly important. Rather than focusing solely on end-user applications, companies building the underlying rails for payments and financial connectivity are shaping how money moves across the region. Alfred’s approach of unifying local payment systems through a single API, while bridging traditional and crypto-based finance, highlights a future where financial services are more accessible, faster, and easier to scale across borders.

It addresses one of the most persistent challenges in Latin America’s fintech ecosystem: fragmented and inefficient payment infrastructure. By unifying local payment methods through a single API and bridging traditional and digital finance, the company is helping businesses scale more easily across the region. As LATAM’s digital economy continues to expand, infrastructure-focused platforms like Alfred are likely to become essential enablers of innovation, commerce, and financial inclusion.