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Alfred

Category: AI in Fintech

A B2B fintech infrastructure platform that enables real-time cross-border payments and stablecoin on/off-ramps across Latin America using blockchain rails. Alfred was founded in 2020. The company is led by Diego Yanez. Based in Miami, United States. Team size: 11-50. Total funding raised: $15.0M. Latest round: Series A ($15.0M, Jan 2025). Key investors include F-Prime Capital, Brevan Howard Digital, White Star Capital, Stellar Development Foundation, Circle Ventures.

Founded
2020
Headquarters
Miami, United States
Team size
11-50
Total funding
$15.0M

Value proposition

Reduces cross-border transaction costs and settlement times from days to seconds by bypassing legacy correspondent banking and utilizing stablecoin (USDC) liquidity combined with local real-time payment rails.

Products and solutions

Alfred API (Unified cross-border payment integration), Stablecoin On/Off-Ramp Infrastructure (Fiat-to-USDC), B2B Mass Payouts Engine, Treasury Management & Liquidity Solutions, White-label Digital Wallet Infrastructure

Unique value

Successfully bridged the 'last mile' between global digital assets and local banking systems (like Pix in Brazil or SPEI in Mexico) at a massive scale, evidenced by their partnership powering millions of Worldcoin users.

Target customer

Global fintechs, gig economy platforms, e-commerce marketplaces, and enterprises operating in or expanding to Latin America.

Industries served

Fintech, Gig Economy, E-commerce, Remittances, Web3 & Crypto-Economy

Technology advantage

Leverages the Stellar network for low-cost settlement and proprietary routing logic that optimizes liquidity between USDC and fragmented Latin American fiat currencies.

How they differentiate

Alfred differentiates by focusing on the 'last mile' of Latin American payments, integrating stablecoin (USDC) liquidity directly with local real-time payment rails like Pix (Brazil) and SPEI (Mexico) via a single API, specifically optimized for high-volume B2B and gig economy payouts.

Main competitors

Bitso (Bitso Business), Pomelo, Bridge (acquired by Stripe), Belo

Key partnerships

Worldcoin (Primary payment provider for 2.5M+ users in Mexico and Argentina), MoneyGram (Physical cash-to-crypto access points), Stellar Development Foundation (Network infrastructure and funding), Circle (USDC liquidity and integration), F-Prime Capital (Lead Series A investor)

Notable customers

Worldcoin, MoneyGram, Stellar Development Foundation

Major milestones

Successfully pivoted from 'Alfred Pay' (consumer wallet) to 'Alfred' (B2B infrastructure) in 2023, Became the primary payment provider for Worldcoin in Mexico and Argentina in 2024, Closed $15M Series A led by F-Prime Capital in January 2026, Integrated with MoneyGram to provide physical cash-to-crypto on/off-ramps across LatAm

Growth metrics

Processes payments for over 2.5 million users via the Worldcoin partnership; successfully pivoted from a B2C wallet to a B2B infrastructure model with 100%+ growth in transaction volume post-pivot.

Market positioning

B2B Fintech Infrastructure provider (Stablecoin-as-a-Service) for the LatAm market.

Geographic focus

Latin America (primarily Mexico, Argentina, Brazil, Dominican Republic) and the United States.

Patents and IP

No registered patents disclosed; relies on proprietary API architecture and regulatory licensing.

About Diego Yanez

Diego Yanez is the Founder and CEO of Alfred. Prior to founding the company, he served as Chief of Staff at MEDSiS, a global identity and financial services company, and worked as a professional services contractor at KPMG. He is an alumnus of the Berkeley Blockchain Xcelerator and has extensive experience in scaling fintech infrastructure and cross-border payment solutions across Latin America.

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