About Alacriti
Alacriti sells payments software to banks, credit unions and billers. Its main product, the cloud-based Orbipay Payments Hub, connects an institution to the RTP network, the FedNow Service, Zelle, Visa Direct, ACH and wire transfers through one system. Alacriti also offers ready-made apps for transfers, loan payments and payouts, and online bill payment for businesses such as insurers.
Alacriti processes more than $233 billion a year and serves 14 of the 100 largest U.S. financial institutions. Its customers include Navy Federal Credit Union, Citizens Business Bank, Veridian Credit Union and Connexus Credit Union. Founded in 2003, Alacriti is headquartered in Bridgewater, New Jersey, and has an office in Hyderabad, India. Co-founder Manish Gurukula is CEO. In 2026 Sageview Capital led the company's first outside funding round.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jan 6, 2026 | Mar 25, 2026amended Aug 14, 2026 | $54,999,971fully sold | 3 | $18.3M | EquityRule 506(b) | Form D/A ↗1 earlier filing |
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Rounds announced by Alacriti
What the company said publicly about its funding. Announced amounts can differ from Form D figures: an announcement can combine several closings, and some money is raised without a Form D.
| Announced | Round | Amount | Investors | Source |
|---|---|---|---|---|
| May 20, 2026 | Series A | Undisclosed | Sageview Capital (lead), BMO Capital Partners, Curql Fund | alacriti.com ↗ Sageview Capital ↗ Morgan Lewis ↗ |
Why Investors Backed Alacriti
Alacriti grew for more than 20 years without outside money before Sageview Capital led its first round in 2026. Banks and credit unions use its Orbipay platform to run ACH, wires, Zelle and instant payments from one system. Alacriti processes over $233 billion a year and keeps 98% of its customers. Sageview partner Sasank Chary called it "exceptionally well positioned at the center of payments modernization."
The problem it targets
Most banks and credit unions still run a separate system for each payment rail, Sageview notes. Each patch makes the next upgrade harder. Moving from batch processing to real time also means changing systems and workflows, and the ISO 20022 messaging standard adds more work. In research cited by Sageview, Datos Insights found that about 80% of financial institutions call outdated infrastructure their biggest obstacle to new payment services. As Rendhir Chandran of BMO Capital Partners said, "Unifying payment rails sounds straightforward until you're operating at enterprise scale."
What the product does
Orbipay Payments Hub connects a bank to the RTP network, the FedNow Service, Zelle, Visa Direct, ACH and Fedwire. It runs in the cloud and plugs into the bank's existing core systems, so a bank can start with one rail and add more later. Datos Insights called its single API connection to both FedNow and RTP a key differentiator. Alacriti also sells apps for transfers, loan payments and payouts, and online billing for businesses such as insurers. With the new money, it is adding AI tools, fraud controls, stablecoins and tokenized deposits.
Progress so far
Alacriti processes more than 96 million transactions a year, worth over $233 billion. It serves 14 of the 100 largest U.S. financial institutions. It also serves about a quarter of U.S. credit unions with over $1 billion in assets. More than 100 institutions run its Payments Hub, including Navy Federal Credit Union, the world's largest credit union. The CEO says Alacriti has "built a profitable foundation." In July 2026, an American Bankers Association review researched by Datos Insights rated Alacriti one of four market leaders among 10 payment hub vendors.
Who backs it
Sageview Capital, a growth equity firm with over $2 billion under management, led the round. BMO Capital Partners, part of BMO's commercial banking group, also invested. So did Curql Fund, a group of more than 160 credit unions that invest in fintech together. Curql CEO Nick Evens said it is "excited to scale Alacriti's platform across our collective of 160+ credit unions." Alacriti did not disclose the amount. Its law firm, Morgan Lewis, calls the deal a Series A preferred stock financing. Sageview lists January 2026 as its investment date.
How the market is moving
The Clearing House says its RTP network carried 150 million payments worth $621 billion in the third quarter of 2026. It had more than 1,378 participants by September. An August 2026 PYMNTS Intelligence report, made with The Clearing House, found that 35% of financial institutions were adding third-party payment hubs. Rivals are moving too. Finzly, a Charlotte company, earned the same market leader rating in the ABA review. In September 2026, Volante Technologies, which also sells payments software to banks, announced work with Circle on USDC stablecoin payments.
We wrote this summary from public statements by Alacriti and its investors. It is not investment advice.
Alacriti in the News
- Cloud-based company Alacriti of Bridgewater names Lovell as CFO
- Alacriti Secures Investment From Curql, Sageview & BMO Capital Partners
- Alacriti bets on modern payment infrastructure
- Citizens Business Bank Deploys Alacriti’s RTP Hub
- Alacriti and Lumin Digital Partner to Facilitate Loan Payments
- Alacriti: A Bright Future For Payments
Leadership Team
Executive officers and directors listed on Alacriti's Form D filed Aug 14, 2026.
Sources
- SECAlacriti Payments Inc. Form D, filed Mar 25, 2026
- SECAlacriti Payments Inc. filing history
- Companyalacriti.com, About Us (Who We Are) and leadership
- Companyalacriti.com, contact page
- Companyalacriti.com, privacy policy
- Companyalacriti.com, news index
- Companyalacriti.com, Alacriti Ranked in Top 150 Financial Services Companies on the Inc. 5000 List (2026-08-12)
- Companyalacriti.com, Alacriti Is a Leader in the Payment Hub Market in 2026 ABA Research (2026-08-19)
- Companyalacriti.com, Alacriti Appoints Michael Lovell as CFO (2026-08-25)
- Companyalacriti.com, Alacriti Wins 2026 Datos Impact Awards in Commercial Banking (2026-10-22)
- Companyalacriti.com, Navy Federal Credit Union Partners With Alacriti (2023-12-07)
- CompanyAlacriti and Early Warning press release on earlywarning.com, Zelle in Orbipay Payments Hub (2025-09-04)
- CompanyOrbipay Developer Portal (footer: © Alacriti Payments Inc.)
- Investorsageviewcapital.com, Alacriti portfolio page (founded 2003; investment January 2026)
- PressFinTech Futures, ICYMI fintech funding round-up (2026-05-22; 'undisclosed sum')
- PressFinzly press release on PR Newswire, market leader in the 2026 ABA Product Assessment of Payment Hubs (2026-08-19)
- PressVolante Technologies press release on Business Wire, stablecoin work with Circle (2026-09-28)
- ResearchThe Clearing House, RTP network page (Q3 2026 volume, participants)
- ResearchPYMNTS, Real-Time Payments Put Bank Infrastructure Under Pressure (PYMNTS Intelligence and The Clearing House data, 2026-09-08)