alfred

alfred provides a platform for businesses to move money globally, facilitating international payments using stablecoins as an alternative to traditional banking. The platform enables businesses to send and receive funds, convert fiat to stablecoins, and manage payments, with an API for integration with existing systems. Founded in 2022 and headquartered in Miami, United States, alfred has raised $15M in Series A funding from investors including F-Prime Capital, Brevan Howard, and White Star Capital. The company employs 35 people and addresses the friction and cost of cross-border business payments by leveraging blockchain-based stablecoin infrastructure, enabling faster settlement and lower fees compared to traditional correspondent banking networks while maintaining regulatory compliance through licensed financial channels.