Mezu

What Mezu does

Mezu, Inc. operates its embedded finance platform under the trade name Alviere, structured as a Delaware-incorporated, venture-backed private company. The Alviere HIVE platform provides enterprise customers with API-driven access to white-label financial products including accounts, payments, branded debit cards, digital wallets, and cross-border money transfers to 100+ countries. The company operates as a licensed US money transmitter (NMLS ID No. 1738907) and maintains SOC 2 Type II and PCI DSS certifications, providing the regulatory and security infrastructure that enterprise customers require to embed financial products under their own brand.

Alviere sells to enterprise customers across five named verticals — Travel & Hospitality, Retail, Marketplaces, Financial Services, and Telecommunications — with use cases ranging from co-branded debit cards and loyalty wallets to gig-economy payouts and just-in-time-funded promotional gift cards. Distribution is multi-channel: direct enterprise field sales, API/SDK self-service integration, and a partner ecosystem spanning card networks (Visa, Mastercard), card issuance (Marqeta), data connectivity (Plaid), fraud and compliance (Sift, Hawk AI, Comply Advantage, Mitek), payroll (Deel), and Big Four consulting firms (Deloitte, KPMG, EY). The company maintains operational offices in Denver (headquarters), New York, London, and Lisbon.

Revenue is generated through three streams: (1) platform licensing and embedded finance fees on a recurring/subscription basis, (2) transaction-based processing fees on payments, card transactions, ACH/wires, and cross-border transfers, and (3) program management services for enterprises launching and operating embedded finance programs. Pricing is quote-based with multi-year enterprise contracts and no publicly disclosed tiers. Capital-formation history includes a $10 million early-stage round in June 2018 led by Draper Triangle with participation from Alumni Ventures, Draper Associates, JumpStart Inc., North Coast Ventures, and Ohio Innovation Fund, and a 2024 SEC Form D filing for an exempt securities offering of approximately $15 million (with ~$5 million sold as of May 2024).

Name

Mezu

Legal name

Mezu (NA), Inc.

Website

https://mezu.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Embedded Finance Platform

NAICS

Credit Card Issuing (52221), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Card Issuing & Program Management Platforms (BPAMAFAH)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK), Prepaid Card Program Managers & Issuers (BIN Sponsors) (FSAMANAK)

Keywords

• Embedded finance platform
• White-label financial products
• Branded debit card issuing
• Cross-border money transfers
• Payment processing APIs

Headquarters

HQ city

Ohio

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Platform Licensing / Embedded Finance Fees: Revenue generated from licensing the Alviere HIVE platform to enterprises for embedding financial products. White-label financial products are offered to enterprise customers who integrate the platform API.
2. Transaction-based Processing: Revenue from payment processing, card transactions, ACH/wire transfers, and cross-border payments executed through the platform. Transaction fees likely apply per payment or transfer.
3. Program Management Services: Full-service program management fees for enterprises launching and managing financial products, including compliance support and operational handling.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Mezu, operating through its Alviere brand under Mezu (NA), Inc., provides the Alviere HIVE embedded finance platform that enables enterprises to launch white-label financial products including accounts, payments, branded cards, global money transfers, and wallets. The platform is delivered via REST APIs, Web SDKs, and Mobile SDKs, and is complemented by turnkey solutions such as Co-branded Debit Cards, ACH & Wires, International Payments, Tailored Financial Products, and just-in-time funded Promotional Gift Cards. The company operates as a licensed money transmitter (NMLS ID No. 1738907) with SOC 2 Type II and PCI DSS compliance, serving enterprise customers across Travel & Hospitality, Retail, Marketplaces, Financial Services, and Telecommunications verticals.

Product overview

Alviere (operating as dba under Mezu (NA), Inc.) is an enterprise embedded finance platform providing a comprehensive suite of white-label financial products. The Alviere HIVE platform serves as the core infrastructure, supported by platform modules including Accounts, Payments, Branded Cards, Global Money Transfers, Wallets, Program Management, and Security & Compliance. The platform is complemented by solution offerings such as Co-branded Debit Cards, ACH & Wires, International Payments, Tailored Financial Products, and Promotional Gift Cards. The company also provides developer tools including REST APIs, Web SDKs, and Mobile SDKs for technical integration.

Differentiator

Problem solved

Functional benefit

Products and services

• Alviere HIVE Platform Enterprise embedded finance platform enabling businesses to offer financial products including accounts, payments, cards, money transfers, and wallets through a unified API-based white-label infrastructure, delivered as REST APIs, Web SDKs, and Mobile SDKs.
• Co-branded Debit Cards White-label branded debit card solution enabling enterprises to issue their own co-branded debit cards to customers with loyalty and rewards programs that do not require credit checks.
• ACH & Wires Domestic US payment solution enabling ACH transfers and wire transactions for businesses and their customers.
• International Payments Cross-border payment solution enabling businesses to send and receive international payments globally, supporting transfers to 100+ countries.
• Tailored Financial Products Customized financial product solutions designed to meet specific enterprise business requirements and use cases.
• Promotional Gift Cards Just-in-time funded gift card programs for subscriber acquisition and promotional campaigns, improving cash flow by allocating funds when cards are actually used rather than upfront.
• Program Management Full-service program management service for enterprises launching financial products, handling compliance, operational aspects, and ongoing support.

Quantifiable outcome

• Pay sellers, gig workers, and freelancers instantly from the U.S. to 100+ countries

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• PlaidcoreTechnology or IntegrationIntegration partner on the Alviere HIVE platform ecosystem, enabling financial data connectivity and account verification capabilities for enterprise customers.
• MastercardcoreTechnology or IntegrationCard network partner enabling branded debit card issuing capabilities for enterprise partners through the Alviere platform.
• VisacoreTechnology or IntegrationCard network partner enabling payment processing and card issuing capabilities for enterprise customers on the platform.
• MarqetacoreTechnology or IntegrationCard issuing platform integration partner providing modern card issuance infrastructure for the embedded finance platform.
• DeloitteminorImplementation/ SI/ Consulting PartnerProfessional services and consulting partnership for enterprise implementations.
• KPMGminorImplementation/ SI/ Consulting PartnerProfessional services partnership providing consulting capabilities for enterprise financial product implementations.
• EYminorImplementation/ SI/ Consulting PartnerProfessional services partnership for enterprise consulting engagements.
• DishminorStrategic or Co-development PartnerTelecommunications partner utilizing promotional gift cards and embedded financial products for subscriber programs.
• AccessMásminorStrategic or Co-development PartnerStrategic partner in the financial services ecosystem.
• BoostminorStrategic or Co-development PartnerStrategic partner in the embedded finance ecosystem.
• Auto Pay PlusminorStrategic or Co-development PartnerStrategic partner for automated payment solutions.
• FoundeverminorStrategic or Co-development PartnerStrategic partnership in the service industry ecosystem.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Lithic: Lithic offers a card-issuing API platform for fintechs and enterprises. Comparable to Alviere's Branded Cards module and Program Management capabilities.
• Synctera: Synctera provides a banking-as-a-service platform pairing fintechs with community bank partners for accounts, cards, and compliance. Direct competitor to Alviere in the embedded finance / BaaS category.
• Banking Circle: Banking Circle provides cross-border payment accounts and FX infrastructure for fintechs and enterprises. Comparable to Alviere's Global Money Transfers and multi-currency wallet capabilities.
• Treasury Prime: Treasury Prime provides a banking-as-a-service platform connecting fintechs and enterprises to partner banks for accounts, cards, and payments. Directly comparable to Alviere's core embedded finance offering.
• Unit: Unit is a banking-as-a-service platform offering embedded accounts, cards, payments, and lending via APIs. Closely comparable to Alviere's HIVE platform across accounts, cards, and payments modules.
• Marqeta: Marqeta provides modern card-issuing infrastructure and APIs, directly overlapping with Alviere's Branded Cards and Program Management modules. Listed as both a competitor and integration partner of Alviere.
• Solaris SE: Solaris is a European licensed embedded finance platform offering accounts, cards, payments, and lending via APIs under its own banking license. Comparable to Alviere's licensed-platform model, particularly for European enterprise customers served from its London/Lisbon offices.

Broad incumbents

• Galileo Financial Technologies: Galileo (a SoFi company) provides payment processing and card issuing APIs used by fintechs and enterprises. Comparable to Alviere's Branded Cards and Payments modules as part of a larger payments-platform portfolio.
• Stripe (Issuing/Treasury): Stripe offers Issuing and Treasury as part of its broader payments stack, enabling platforms to embed card programs and bank accounts. Comparable to Alviere's branded cards and accounts modules but embedded within Stripe's much larger payments franchise.

Emerging players

• ClearBank: ClearBank offers cloud-based clearing and embedded banking infrastructure in the UK and Europe. Overlaps with Alviere's cross-border payments and account capabilities for European enterprise deployments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mezu