Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements typically require financial institutions to rely on numerous third-party data providers for both onboarding and ongoing monitoring. Digitally-focused financial providers (neo-banks, fintech startups, global banks, and platform banks) face the decision to build systems in-house, a resource-intensive process, or rely on third-party integrations that are available in order to be compliant. Alloy, a complete identity decisioning and monitoring platform, makes that decision easy with its infrastructure-as-a-service platform. Launched in 2015, the company streamlines the onboarding process aided with automation and supports the customer lifecycle with ongoing monitoring to flag potential fraud and minimize risk. Alloy integrates with 120+ sources to ensure that its customers are able to build a complete and accurate picture of their customers and their financial transactions. The company has 200+ clients and has tripled its revenue in the last year. AlleyWatch caught up with Alloy Cofounder and CRO Laura Spiekerman to learn more about NYC’s newest unicorn, how streamlining identity decisioning and monitoring spurs innovation in digital finance, the company’s strategic plans, latest round of funding from investors that include Lightspeed Venture, Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures.
Laura Spiekerman
The AlleyWatch Startup Daily Funding Report: 9/30/2021
5 deals and over half a BILLION dollars invested including details on several new NYC unicorns. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/30/2021 featuring funding details for Alloy, Materialize, and much more.
These are the 15 Largest NYC Tech Startup Funding Rounds of Q3 2020
Everything you need to need to know about the largest NYC startup funding rounds of Q3 2020; broken down by industry, stage, investors, and more…
The 9 Largest NYC Tech Startup Funding Rounds of September 2020
Over $700M raised by NYC startups in September! Everything you need to need to know about the largest NYC startup funding rounds of September 2020; broken down by industry, stage, investors, and more…
Alloy Raises $40M to Manage Financial Identity Verification With a Single API
The pandemic has accelerated digital transformation for countless industries. In fintech, digital institutions are faced with the quandary to buy or build. Alloy is a SaaS platform and integrated API that makes that decision easier with its robust offering that offloads the process of identity verification for neobanks, scaling fintech startups, platform banks, and others. This is critical not only for onboarding but also on an ongoing basis. Cofounder and Chief Revenue Officer Laura Spiekerman shares more on the genesis of Alloy, the company’s experience working with its partners during the pandemic, and the company’s recent funding round from investors that include Canapi Ventures, Felicis Ventures, Avid Ventures, Bessemer Venture Partners, Primary Venture Partners, and Eniac Ventures.
The Weekly Notable Startup Funding Report: 9/21/20
The notable US startup fundings for the week ending 9/19/20 featuring funding details for Affirm, Devo, Humatics, and much much more.
The AlleyWatch Startup Daily Funding Report: 9/16/2020
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/16/2020 featuring funding details for Alloy, Air, and much more.
These are the 9 Largest NYC Tech Startup Funding Rounds of September 2019
Everything you need to need to know about the largest NYC startup funding rounds during September of 2019; broken down by industry, stage, investors, and more…
The AlleyWatch Startup Daily Funding Report: 9/17/2019
A RECORD NUMBER OF NYC COMPANIES RAISING CAPITAL! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/17/2019 featuring funding details for Tiny Organics, FinTech Studios, and much more.
The AlleyWatch NYC Startup Daily Funding Report: 10/18/17
Here are the latest venture capital, seed, and angel deals for NYC startups for 10/18/17. This page will be updated throughout the day to reflect any new fundings.
Women in NYC Tech: Laura Spiekerman of Alloy
Today we speak with Laura Spiekerman, the cofounder and CRO at Alloy. After being Kopo Kopo’s first hire, Laura decided to skip Law School and head to Kenya to work on a software startup leveraging mobile payments. Returning to the Bay Area, Laura knew she had to continue pursuing her passion for Fintech and began working on Alloy. With her roots in NYC, Laura eventually returned to the city with Alloy joining Techstars and found her niche in the NYC fintech community. Laura is an active member of the NYC community and an advocate for social change.