Alloy

Alloy offers financial technology companies a centralized platform that manages end-to-end monitoring and authentication, allowing these financial institutions to outsource their most tedious compliance and regulatory processes to a trusted third party. In his 2008 Y Combinator Startup School speech, Jeff Bezos famously said, “Focus on what makes your beer taste better.” He gave the analogy of breweries, which at the turn of the 20th century, made their own electricity. But over time, as these breweries realized that electricity did not ultimately contribute to a better product for their consumers, they began to focus in-house resources on their primary product itself, and depended on external companies to provide electricity. Alloy is a company that empowers other fintech companies to do just that — focus their in-house resources on the product itself, and outsource compliance and regulation to a third-party provider. Laura Spiekerman, Co-Founder and President of Alloy, once said, “If we do our jobs right, we’re fully in the background, and you would never know we were there.” By behaving as a silent partner for fintech companies and banks, Alloy is involved in millions of transactions globally without most end users ever interacting with its platform directly. Thus, Alloy serves not only the direct needs of its customers (i.e., to stay compliant and secure) but also enables them to present as reputationally safe, proactive, and user-focused.