Alterra
B2B bill payment aggregator and digital distribution network.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor investor | €0.0 | round | |
| N/A | N/A | Early VC | |
| Total Funding | 000k | ||
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Alterra is a B2B technology company in Indonesia focused on payment and billing ecosystems. The company was founded in 2015 by Jefrey Joe and Ananto Wibisono, initially under the name Sepulsa. Sepulsa started by selling mobile phone credits (pulsa) and facilitating online bill payments directly to consumers (B2C). The company has since evolved, and in 2018, it rebranded to Alterra to reflect its expanding business scope, which grew to include a B2B bill payment aggregator and a distribution network for digital products.
Alterra's core business provides a platform that connects bill issuers, digital commerce clients, and end-users. Its main service, Alterra Bills, acts as a bill payment aggregator, using a single API to connect partners to a wide array of bill issuers, eliminating the need for individual integrations. The company serves major e-commerce platforms, marketplaces, travel aggregators, and fintech companies in Indonesia, such as Tokopedia, Shopee, and Traveloka, processing millions of transactions daily. The business model is centered on providing a comprehensive payment gateway and biller aggregator service that streamlines digital transactions for its clients. The platform offers access to a wide range of products, from mobile top-ups and data plans to utility payments for electricity (PLN), water (PDAM), and government services like BPJS.
In addition to its fintech services, Alterra operates Alterra Academy, a tech talent incubator that offers programs to develop professional tech talent, including for individuals without an IT background. The company has also expanded through acquisitions, such as Bimasakti Sanjaya, a prominent billing company in Bali, to strengthen its position in the ecosystem. Alterra has received funding from investors including Alpha JWC Ventures, Captii Ventures, and Innoven Capital. The company has offices in Jakarta, Malang, and Jambi. Keywords: bill payment aggregator, fintech solutions, digital distribution network, B2B payments, payment gateway, API integration, Indonesian fintech, O2O distribution, digital products, mobile top-up, utility payments, tech talent incubator, Sepulsa, Jefrey Joe, Ananto Wibisono, biller aggregator, e-commerce payments, digital commerce, payment ecosystem, telco aggregator.