AltScore - About the company
AltScore is a series A company based in Quito (Ecuador), founded in 2019 by Andrea Pinto. It operates as an API-enabled online B2B lending-as-a-service platform for lenders. AltScore has raised $13.8M in funding from Haymaker Ventures and Far Out Ventures. The company has 5 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Cloud Lending, Bankish and Aqaix.
Company Details
API-enabled online B2B lending-as-a-service platform for lenders. It allows its users to offer loans to their customers or clients and facilitate transactions for the same. It also offers features to support loan origination, loan underwriting, customer onboarding and KYC verification, loan disbursal, loan collection, and more.
- Website
- altscore.ai/en/
- Email ID
- *****@altscore.a
Key Metrics
Founded Year
2019
Location
Quito, Ecuador
Stage
Series A
Total Funding
$13.8M in 3 rounds
Latest Funding Round
Investors
Ranked
2nd among 5 active competitors
Employee Count
48 as on Aug 31, 2026
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AltScore's funding and investors
AltScore has raised a total funding of $13.8M over 3 rounds. Its first funding round was on Feb 16, 2022. Its latest funding round was a Series A round on Aug 20, 2024 for $*****. 6 investors participated in its latest round. AltScore has 9 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of AltScore:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 20, 2024 | 6893956 | Series A | 8002480 | 8005489 | 3919662 | 3250230 |
Dec 03, 2022 | 8593752 | Seed | 9592275 | 6863085 | 9644184 | |
Feb 16, 2022 | 5098826 | Seed | 4992051 | 3111784 | 9567851 |
View details of AltScore's funding rounds and investors
AltScore's founders and board of directors
Founder? Claim ProfileThe founders of AltScore is Andrea Pinto.
Here are the details of AltScore's key team members:
- Andrea Pinto: Co-Founder of AltScore.
View details of AltScore's Founder profiles and Board Members
AltScore's employee count trend
AltScore has 48 employees as of Aug 26. Here is AltScore's employee count trend over the years:
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AltScore's Competitors and alternates
Top competitors of AltScore include Cloud Lending, Bankish and Aqaix. Here is the list of Top 10 competitors of AltScore, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cloud Lending 2013, Foster City (United States), Acquired | Provider of digital banking solutions for financial institutions and their clients | $16.1M | 56/100 | |
2nd | API-enabled online B2B lending-as-a-service platform for lenders | $13.8M | 42/100 | ||
3rd | Lending & deposit system for loan providers | $1.37M | 37/100 | ||
4th | Aqaix 2017, San Francisco (United States), Funding Raised | Cloud & API-based lending-as-a-service platform for water financing | - | 31/100 | |
5th | Circeo 2014, Rumelange (Luxembourg), Unfunded | End-to-end loan lifecycle management platform | - | - | 29/100 |
Looking for more details on AltScore's competitors? Click here to see the top ones
AltScore's Investments and acquisitions
AltScore has made no investments or acquisitions yet.
Reports related to AltScore
Here is the latest report on AltScore's sector:
News related to AltScore
•
Altscore raises $8.5M Series ALatamList•Sep 10, 2024•AltScore, Haymaker Ventures, Kamay Ventures, BuenTrip Ventures and 8 others
•
Fintech AltScore Finalizes $3.5M Seed Round to Support B2B Embedded LendingCrowdfund Insider•Dec 07, 2022•AltScore, Far Out Ventures, Caffeinated Capital, Techstars and 5 others
•
AltScore Raises Capital to Make Credit Available to EveryoneContxto•Feb 23, 2022•AltScore, Arcor, , Kamay Ventures
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