Alliance Financial Services

What Alliance Financial Services does

Alliance Financial Services is a private, for-profit company headquartered in Kingston, Jamaica, founded in 2004. According to available firmographic data, the company provides Cambio (foreign exchange) and Remittance services in Jamaica, operating with a workforce of 51-100 employees. Its primary web presence is at alliancefinancialja.com, and there is no indication of additional locations or operating geographies beyond Jamaica.

The business model centers on foreign exchange trading and cross-border money transfer, serving customers in Jamaica who require currency conversion or remittance services. These are regulated financial services in Jamaica, typically requiring licensure from the Bank of Jamaica and subject to AML/KYC compliance obligations. The company operates as a traditional, locally rooted financial services provider rather than a digital-first remittance platform.

Available source data does not provide specifics on the company's product portfolio, pricing structure, customer segments, technology platform, partnerships, management team, funding history, or M&A activity. The company's website source content was limited to a loader/verification screen without substantive detail, and structured data fields (revenue, ownership, leadership, certifications, products, integrations) were either empty or marked as undetermined. Deeper technical, financial, and competitive analysis is therefore constrained by the lack of disclosed operational detail.

Name

Alliance Financial Services

Website

https://alliancefinancialja.com

Company type

Private

Founded year

2004

Headcount range

1–10 employees

Short description

Alliance Financial Services is a Kingston, Jamaica-based private company, founded in 2004, that provides cambio (foreign exchange) and remittance services to customers in Jamaica and operates with a workforce of 51-100 employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Kingston

HQ country

Jamaica

HQ region

Latin America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Core offering

Alliance Financial Services is a Kingston, Jamaica-based financial services provider that operates in the country's foreign exchange (Cambio) and remittance sectors. The company facilitates the buying and selling of foreign currency and the transfer of money across borders for individual customers in Jamaica. Founded in 2004, it operates with 51–100 employees as a private for-profit entity serving the Jamaican market.

Differentiator

Problem solved

Functional benefit

Products and services

• Cambio (Foreign Currency Exchange)

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Emerging players

• Remitly: Digital-first remittance fintech with significant Jamaica corridor volume. Comparable as a competing remittance channel targeting the same Jamaican diaspora senders via a mobile/app experience.

Broad incumbents

• MoneyGram: Global remittance incumbent with deep Caribbean agent network including Jamaica. Comparable as a competing cross-border money transfer brand competing for the same diaspora flows.
• Ria Money Transfer: Global remittance network (Euronet subsidiary) with strong Caribbean presence. Comparable as a competing cross-border remittance provider on the Jamaica corridor.
• Western Union: Global incumbent in cross-border remittances with a heavy Jamaica agent footprint. Comparable as the dominant competing remittance network on the same US-UK-Canada-Jamaica corridors.

Regional players

• JMMB Group: Jamaican financial services conglomerate with money services and FX offerings. Comparable as a multi-line Jamaican financial services peer that bundles remittance/cambio with banking and investments.
• Barita Investments: Jamaican financial services firm with FX and money movement capabilities. Comparable as a Kingston-based peer offering FX-related services to retail and corporate clients.

Direct peers

• JN Money Services: Jamaica National Group's remittance and FX arm, the largest Jamaican-owned competitor in cambio and remittances. Directly comparable as a BOJ-licensed Jamaican MSB serving the same walk-in and diaspora customer base.
• Lasco Financial Services: Jamaican financial services provider offering cambio and remittance products. Comparable as a Jamaican-licensed cambio/remittance operator targeting similar retail and diaspora customers.
• Sigue International: US-headquartered MSB specializing in Caribbean and Latin America remittance corridors. Comparable as a competing licensed remittance operator with overlapping Caribbean money-transfer business.
• VM Money Transfer: Money transfer and cambio subsidiary of the VM Group in Jamaica. Directly comparable as a Kingston-based, BOJ-licensed cambio/remittance operator with overlapping customer segments.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/alliance-financial-services-limited-jamaica

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Alliance Financial Services