Alma news and trends

Alma Notches $130M Series D to Expand Mental Healthcare Access
Healthcare // August 26, 2022

Mental health provider network Alma raised $130 million in a Series D funding round led by Thoma Bravo with participation from Cigna Ventures that will help therapists offer in-network care in all 50 states. The funding round also included participation from existing backers Insight Partners,...

EMEA Daily: Alma CEO Says Zero Late Fee Policy Risky for BNPL; EU Crypto Law...
International // March 07, 2022

In today’s top Europe, Middle East and Africa news, loan providers that do not charge penalty fees risk losing revenue, while MiCA, the European Union’s Markets in Crypto Assets legislation, is set for a vote next week. In other news, Walmart is collaborating with British...

Alma CEO Says Zero Late Fee Policy Risky for BNPL
Buy Now Pay Later // March 07, 2022

Late fees can be an important source of revenue for traditional lenders, and for some credit card companies, it can represent up to 20% of their annual revenues. This means that loan providers that choose not to charge these penalty fees, such as Paris-based buy...

EMEA Daily: UAE Approves New Digital Bank Wio; EU Media Regulators Seek Rules to End...
International // February 11, 2022

In today’s top Europe, Middle East and Africa news, the Central Bank of the United Arab Emirates has approved a new digital banking platform supported by state holding company ADQ; Media regulators in the European Union are considering new rules to end misinformation on Spotify. Plus,...

Interviews & Exclusives
Alma CEO Says Zero Late Fee Policy Risky for BNPL

March 07, 2022
Late fees can be an important source of revenue for traditional lenders, and for some credit card companies, it can represent up to 20% of their annual revenues. This means that loan providers that choose not to charge these penalty fees, such as Paris-based buy now, pay later (BNPL) firm Alma, risk losing out on […]

Quick Reads
Alma Counts on Numeral for Automated Merchant Payments

May 10, 2023
Buy now, pay later provider Alma has launched a partnership with payments platform Numeral. The collaboration, announced Wednesday (May 10), will see Numeral automating “millions of payments” per year to merchants with the help of French bank BNP Paribas. The companies say their team-up is happening at a time when merchants are seeking new options […]

Alma Notches $130M Series D to Expand Mental Healthcare Access

August 26, 2022
Mental health provider network Alma raised $130 million in a Series D funding round led by Thoma Bravo with participation from Cigna Ventures that will help therapists offer in-network care...

French Startup BNPL Firm Alma Raises $239M in Series C

February 11, 2022
French buy now, pay later (BNPL) startup Alma is preparing to expand across Europe after wrapping up a 210 million euro ($239 million) Series C funding round. According to multiple...

French BNPL Startup Alma Notches $59.4M in Series B Funding

January 25, 2021
French buy now, pay later (BNPL) startup Alma closed a 49 million euro ($59.4 million) Series B funding round, TechCrunch reported on Monday (Jan. 25). Participating in the round were...