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Aleph Payments: Latest Cross-border Payments and Credit Underwriting Unit

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Aleph, a global enabler of digital advertising, just launched its global cross-border payments and credit underwriting unit, Aleph Payments. Aleph is already connecting 22,000 advertisers in 130 primarily emerging countries with the world’s leading digital tech platforms. These include TikTok, X (formerly Twitter), Snap, Spotify, Uber, Meta, Microsoft, Twitch, Google and over 35 more.

Aleph Payments: Cross-border Payments and Credit

The global digital advertising spend is expected to reach $766 billion by 2025 according to eMarketer. At the same time,  global remittance and cross-border payments transaction value  is estimated to grow from $37.15 trillion in 2020 to $39.99 trillion in 2026 according to Frost & Sullivan. Over the past 19 years, Aleph has been providing credit underwriting and cross border payment offerings to advertisers and digital ad tech platforms building a robust capability. 

Aleph currently manages over $2bn worth of total cross-border credit and payments. This is through its network across international markets, partners and clients. Their proven reputation in primarily emerging markets provides the business with a solid foundation to roll out its payment service.

Gaston Taratuta, Aleph’s CEO and Founder and EY’s 2022 Entrepreneur of the World explains: “We have built our company with the capability to adapt to the ever-changing needs of the digital industry.

We will expand our cross border payment and credit underwriting capabilities into other subcategories. We’re looking at SSP’s, DMP’s, DSP’s, ad-quality, viewability, ad-serving tech, apps, gaming, etc.  We are local market experts who can solve the complexities. Moreover, global ad tech companies can focus on their core businesses, and local advertisers can finance their ad tech needs.

The CEO says they will also amplify their services to our current global partners such as Spotify, Uber, Meta, and new ones. This will expand their current services in digital advertising to allow cross-border payment of streaming, mobility, and digital services.

He notes that over 5,000 of Aleph’s current digital-native advertisers, could become customers. All by leveraging the capabilities of Aleph Payments. Aleph will be presenting at DMEXCO in Cologne, DE September 20-21, 2023.

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