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COMPANY detail
ALFRED Move money across Latin America in seconds
ALFRED
Company Overview.
Year Founded
2021
Status
Private
Specialties
Payment Infra, BaaS
Company Size
51-200 Employees
Industry
Financial Services
Location
Miami, USA
Description.
Alfred Pay (Alfred Technology Labs Corp.) is a cross-border payments infrastructure company founded in 2022 by Diego Yanez (CEO), Luis Miller, Marino A Marrero B, and Ronald Johnson. The company is headquartered in Miami, Florida, with offices across 6 countries and a team of 53 experts. Alfred provides a unified API platform that connects stablecoins to local banking systems across Latin America, enabling businesses to issue virtual local accounts, process real-time cross-border payments, and manage multi-currency operations without establishing local entities.
The platform operates under 6 licenses across Mexico, Brazil, Colombia, Argentina, El Salvador, and the United States, and has raised $15.25M across 3 funding rounds. The latest Series A round in January 2026 was led by F-Prime Capital with participation from Brevan Howard Digital and White Star Capital. Alfred supports stablecoin integration (USDC/USDT), processes 5M+ transactions for 200+ businesses serving 1M+ verified users, and partners with global crypto platforms and fintech companies.
Key Infrastructure.
Virtual Local Accounts
Issue local bank accounts in 6+ countries without establishing local entities. Your US company can receive Mexican pesos; Brazilian users can pay European suppliers. Supports multi-currency collection and disbursement with full KYC/KYB compliance, real-time balance management, and coverage across Mexico, Brazil, Colombia, Argentina, El Salvador, and USA.
On/Off Ramps
Convert between digital currencies and traditional fiat instantly through licensed infrastructure. Supports USDC/USDT to local currency conversion with sub-minute settlement times, competitive FX rates, 24/7 availability, and compliant transactional services for crypto exchanges expanding to LATAM and Web3 companies paying local suppliers.
Real-Time Cross-Border Payments
Send payments that arrive in seconds (under 72 seconds) vs traditional 2-5 days. Features real-time settlement globally, instant transaction tracking, transparent fees with no surprises, and multi-corridor optimization for time-sensitive supplier payments, instant customer payouts, and high-volume transaction flows.
Alfred API (v2.0)
REST API that defines functions for developers to make requests and receive responses via HTTP protocol. Enables quick KYC of users, adding payment methods, creating real-time quotes, and instantly moving money on and off chain. Utilizes webhooks for transaction updates and abstracts complex payment rails, compliance workflows, and liquidity infrastructure into a single programmable interface.
KYC/KYB Onboarding Engine
Compliance as a service with built-in user management system. Offers customers a fast and secure way to buy or withdraw cryptocurrency without building own KYC process or checkout UI. Seamlessly offers compliant deposits and withdrawals with hosted KYC iFrame or API-based onboarding across supported regions.
FiatStablecoin Swaps
API enables movement and conversion of assets between fiat and stablecoins (specifically USDC). Supports treasury and liquidity operations, marketplace or payroll disbursements using blockchain settlement, stablecoin to fiat offramp services for wallets and exchanges, and fiat to stablecoin onramps for digital asset platforms.
Additional Features.
Licensed Coverage in 6 Jurisdictions
Direct banking relationships and regulatory approval in Mexico, Brazil, Colombia, Argentina, El Salvador, and USA with 50+ payment rails and 8+ currencies supported.
Developer-First API
Go live in 14 days (2 weeks), not 6 months. Simple REST API integration with comprehensive documentation, sandbox testing, and production deployment.
Multi-Currency Operations
Single dashboard to send payments, receive funds, and manage multi-currency operations across Latin America with real-time transparency on every transaction.
24/7/365 Operations
Platform operates continuously with "Estado: Operativo" and 24/7/365 availability for all payment processing and settlement activities.
Circle Payments Network Integration
Alfred Pay integrated into Circle Payments Network, expanding access to fast, transparent, and cost-effective payment solutions across emerging markets with stablecoin-powered infrastructure.
Fireblocks Network Partnership
Collaboration with Fireblocks Network strengthens Alfred's payment connectivity across Latin America, leveraging deep regional knowledge and hands-on partnership for seamless cross-border payment processing.
GENERAL Questions.
What does this company do?
Alfred Pay provides cross-border payment infrastructure for Latin America via a unified B2B API. The platform connects stablecoins (USDC/USDT) to local banking systems across 6+ countries, enabling virtual local accounts, instant on/off ramps, and real-time cross-border payments for fintechs, crypto platforms, and trade/logistics companies.
Who are their main clients?
200+ businesses including PayCargo (logistics payments), Globelink Holding (trade finance), AiPrise (fintech compliance), and World. The platform serves global crypto platforms, fintech companies, and businesses in trade and logistics sectors.
Are they licensed?
Yes — licensed in 6 jurisdictions: Mexico (Money Transmitter + VASP), Brazil (Payment Institution + VASP), Colombia (VASP), Argentina (VASP + Payment Provider), El Salvador (Bitcoin Service Provider + VASP + Payment Provider), and USA (Money Service Business).
What blockchains/stablecoins supported?
Primarily stablecoins USDC and USDT for fiat on/off ramps. Stellar Development Foundation is an investor/partner. The platform focuses on stablecoin-to-fiat conversion rather than native blockchain integrations.
