Alternative Payments, a leading fully-integrated B2B payments and checkout infrastructure provider, today announced that they have closed on $22 million in total funding, with rounds led by MissionOG and Third Prime, respectively. The investments will advance the company's mission to digitize and automate B2B payment workflows for industries historically overlooked by fintech innovation.

Alternative Payments is a B2B payments and checkout infrastructure company. Alternative Payments' end-to-end payment platform provides immediate access to merchant services, including credit card, ACH bank transfer, and client-facing financing (B2B buy now pay later). Its software fully integrates with a company's ERP and/or accounting software, tracking all accounts receivable, reconciling all payments, and accelerating a client's time-to-pay. On average, Alternative Payments customers are paid 40-50% faster driven by automated workflows.