Alfred, a Mexico-based fintech startup specializing in cross-border payment infrastructure, has raised $15 million in a Series A funding round. The investment, led by F-Prime Capital with participation from Brevan Howard Digital and White Star Capital, aims to fuel the company's expansion and enhance its technology across Latin America.

Alfred was born out of frustration with the existing challenges in moving money across Latin America—processes that were often slow, expensive, and difficult to track. Unable to find a suitable solution, the team built their own platform to address these pain points. Today, Alfred operates a B2B platform that seamlessly connects local banking rails, real-time payment systems, and stablecoins through a single API, enabling businesses to move money efficiently across borders.

The funds will specifically be used to strengthen Alfred's technology, regulatory compliance, and operational infrastructure throughout the region.

Alfred currently operates in key markets including Mexico, Brazil, Colombia, and Argentina, where it has already processed nearly 4 million transactions for more than 2.5 million users. The platform integrates with licensed payment networks and offers features like instant international payments, multi-currency operations, real-time settlement, and transparent foreign exchange rates, particularly benefiting trade and logistics firms.

Learn More about Alfred:
https://alfredpay.io/