Alma Valuation, Funding & Investors

Sipay is a Turkey-headquartered fintech firm licensed as an electronic money institution by the Central Bank of the Republic of Turkey. It delivers issuer and acquirer payment solutions, including POS terminals with tailored merchant settlements, white-label SaaS platforms for partner-branded services, and the Sipay Wallet for cardless transactions and transfers. Additional offerings encompass QR code payments, mobile wallets, account-to-account transfers, gold trading features, and treasury-linked income from settlements. The platform caters to B2C consumers and B2B enterprises across Turkey using proprietary technology and an internal financial operations system.

Tamara is a buy-now-pay-later platform that enables installment payments for online shopping across Saudi Arabia and the GCC region. Headquartered in Riyadh with additional offices in the United Arab Emirates, Egypt, Germany, and Vietnam, the company launched operations in September 2020. Tamara partners with major retailers such as SHEIN, Jarir, Noon, IKEA, and H&M alongside thousands of local merchants to facilitate flexible payment options for consumers.

Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform, which derives maximum revenue, connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.

PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.

AtoB is a San Francisco-headquartered fintech building payment processing and financial tools for the ground transportation sector including rideshare drivers, limos, and trucking fleets. The platform offers instant card payouts, fuel cards, expense management, and insurance products integrated with dispatching software. AtoB processes transactions for over 100,000 drivers monthly via APIs compatible with Uber and Lyft systems. Founded in 2021, the company partners with Visa for card issuance and expands into fleet management across North America.

Central Payment is a national merchant services provider headquartered in Draper, Utah, offering payment processing solutions including point-of-sale systems, online gateways, and mobile payments for small to medium-sized businesses. The company processes billions in transactions annually through partnerships with major card networks like Visa and Mastercard, and provides equipment from providers such as Verifone and Ingenico. It serves retail, restaurant, e-commerce, and hospitality sectors with features like EMV compliance and PCI security standards.

TNG FinTech Group is a Hong Kong-based fintech company founded in 2014 developing social banking platforms. It enables real-time fund transfers and instant messaging interoperability for e-wallets, banks, and merchants across Asia and beyond.

Zeller is a Melbourne-headquartered fintech company that delivers integrated payment acceptance, expense management, and payout solutions for Australian businesses. The platform supports EFTPOS terminals, online payments via Visa and Mastercard, and automated reconciliation through its app. Businesses complete instant online onboarding without contracts, accessing features like next-day payouts and virtual cards. Founded in 2018, Zeller processes billions in annual transactions for over 20,000 merchants ranging from cafes to construction firms, holding an Australian Financial Services Licence.

Check is a payroll platform enabling companies to embed payroll features into their software. The Chicago-headquartered service provides APIs and infrastructure for vertical SaaS providers in workforce management. Launched publicly in 2021, it supports partners serving businesses across the United States and is backed by Stripe, Thrive Capital, Index Ventures, and Bedrock.

Worldline is a payment service provider offering merchant acquiring, payment processing, and payment infrastructure solutions to merchants and banks.

Hala is a Dubai-based fintech offering digital wallets and point-of-sale solutions for merchants accepting credit cards. The platform supports remittances, bill payments, and QR code transactions across UAE and GCC countries, integrated with networks like Visa and Mastercard.

Thunes is a Singapore-headquartered global payments network connecting banks, fintechs, wallets, and mobile money across emerging markets. Launched in 2016, it supports cross-border transfers, disbursements, and collections in 110 countries with offices in London, Dubai, Nairobi, Miami, and Barcelona. In 2022, it acquired Tookitaki for anti-money laundering compliance.

Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses.

PaySign Inc is a provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing designed for businesses, consumers, and government institutions. The Company creates customized payment solutions for clients across industries, including pharmaceutical, healthcare, hospitality, and retail. The company's revenues include fees generated from cardholder fees, interchange, card program management fees, transaction claims processing fees, and settlement income.

AutoFi is a digital retailing platform that equips car dealerships with seamless online vehicle financing capabilities. Headquartered in Austin, Texas, since its founding in 2016, the company integrates lender networks into dealer websites and mobile apps for instant credit approvals and term customization. Consumers complete purchases from home through automated applications linked to dealer inventory systems. AutoFi connects to major dealer management software like Reynolds and CDK, streamlining point-of-sale transactions for automotive retailers across the United States.