Alternative Payments, a B2B payments infrastructure provider, raised $22 million in funding led by MissionOG and Third Prime to accelerate its automation technology and global expansion into underserved sectors like IT services and blue-collar industries. Its platform digitizes and streamlines outdated B2B workflows, cutting days sales outstanding by 40–50% and boosting total processing volume nearly fivefold since 2024. Alternative Payments aims to scale its impact with the new capital, modernizing how historically overlooked businesses manage payments, cash flow, and financing solutions.
Alternative Payments Raises $22 Million to Modernize B2B Payment Offerings
