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Alterna

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Prepaid card platform enabling seamless money transfers for immigrants.

Overview

Alterna operates in the fintech sector, focusing on consumer prepaid and gift card solutions, with a primary emphasis on serving the Latin community, immigrants, and their families. The main product offered is the Alterna prepaid Mastercard, which enables money transfers between the United States and Mexico via a mobile application. Notable features of the service include direct deposit, cash reload options, and instant fund transfers, aimed at promoting financial inclusion. Alterna also provides FDIC insurance and cashback rewards, addressing various financial needs for individuals and organizations. Additionally, the company collaborates with retailers and associations to broaden its service accessibility.

Key facts

Founded
2007
Sector
Payments

Business model

Contact

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About Alterna

What does Alterna do?

Alterna operates in the fintech sector, focusing on consumer prepaid and gift card solutions, with a primary emphasis on serving the Latin community, immigrants, and their families.

Where is Alterna headquartered?

Alterna is headquartered in New York City, United States.

When was Alterna founded?

Alterna was founded in 2007.

Which sector is Alterna in?

Alterna operates in Payments, part of Financial Technology.

Who are Alterna's competitors?

Companies similar to Alterna include FortBrasil, PayangoCard, and RappiCard.