Alacriti lands growth investment to modernise payments infrastructure
What's the deal? Alacriti, a payments-focused fintech, has secured a strategic growth equity investment led by Sageview Capital, with participation from BMO Capital Partners and Curql Fund, a collective of more than 160 credit unions investing in fintech. The company did not disclose the exact funding amount.
Alacriti's Orbipay Platform enables financial institutions to move money across multiple payment rails, including ACH, Wire, the RTP network, FedNow Service, Zelle, and Visa Direct. The new capital will fuel expansion into AI-driven intelligence, fraud prevention, and programmable money capabilities such as stablecoins and tokenised deposits.
Why now? The investment follows a strong growth period. Alacriti now serves roughly 14% of the top 100 US financial institutions and supports nearly a quarter of all US credit unions with over $1B in assets. Its platform processes more than 96 million transactions annually — totalling over $233B in value — and accounts for about 7% of all US instant payments volume across the RTP network and FedNow Service as of Q4 2025.
"Our 98% customer retention rate demonstrates the deep trust they place in us as they modernise their payments infrastructure," said Manish Gurukula, Alacriti's chief executive officer. "We've built a profitable foundation, and this investment lets us move faster."
What could go wrong? Payments modernisation is a crowded space. Alacriti faces competition from established players and well-funded startups alike. Expanding into stablecoins and tokenised deposits also brings regulatory uncertainty — an area where the rules are still being written.
Unifying multiple payment rails at enterprise scale is notoriously complex, and any misstep in fraud prevention or security could erode the trust Alacriti has built with its institutional clients.
The signal: Financial institutions are under mounting pressure to offer real-time, multi-rail payment experiences. Alacriti's investment reflects a broader market shift: banks and credit unions are increasingly outsourcing payments infrastructure to specialised fintechs rather than building in-house.
The participation of BMO Capital Partners — part of North America's eighth-largest bank by assets — and a credit union collective signals that both banks and credit unions see payments modernisation as urgent. The addition of AI-driven fraud prevention and programmable money capabilities suggests the next battleground in payments will blend speed, intelligence, and new digital asset formats.
Read more: markets.financialcontent.com
