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AltPay

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Challenger bank simplifying banking for SMEs and individuals.

Overview

AltPay operates as a challenger bank, offering an online banking solution that is regulated and designed for small and medium-sized enterprises (SMEs) as well as individual customers. The company's product offerings include the Altpay card, which is intended for spending and financial management, a multi-currency account that supports global transactions, and instant SEPA payments for fund transfers. AltPay focuses on addressing traditional banking complexities by implementing two-step authentication for security and providing transparent pricing without hidden fees. The platform also features the ability for users to invite sub-users, which may facilitate collaborative business processes. AltPay is based in London and is regulated by the Financial Conduct Authority, indicating its compliance with regulatory standards in the financial sector.

Key facts

Founded
2018

Business model

Contact

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About AltPay

What does AltPay do?

AltPay operates as a challenger bank, offering an online banking solution that is regulated and designed for small and medium-sized enterprises (SMEs) as well as individual customers.

Where is AltPay headquartered?

AltPay is headquartered in London, United Kingdom.

When was AltPay founded?

AltPay was founded in 2018.

Which sector is AltPay in?

AltPay operates in Digital Banks, part of Financial Technology.

Who are AltPay's competitors?

Companies similar to AltPay include Cashplus, Zazoo, and Tijoree.