Alpha FX Europe

E-money or payment institution · Valletta, Malta

Alpha FX Europe Limited is the Maltese entity of Alpha Group International, registered at 171 Old Bakery Street in Valletta under company number C 96623. The Malta Financial Services Authority authorises it both to provide investment services under the Investment Services Act and to issue electronic money and provide payment services under the Financial Institutions Act. It sells currency risk management, in-country accounts opened in the client's own name with dedicated IBANs, mass payments by file or interface, interest rate hedging, fund finance and multi-bank connectivity through the Cobase platform. Clients are corporates and private-markets funds with large payment volumes rather than small businesses, and Alpha states its payments offering is not right for everyone. Alpha Group International became part of Corpay, Inc., an S&P 500 company listed on the New York Stock Exchange, and the Alpha brand is being folded into Corpay Cross-Border.

Legal name: Alpha FX Europe Limited
Regulated by: Malta Financial Services Authority
Licence confirmed: yes, on a regulator's own list
Website: www.alphagroup.com

Scores, 0 to 10

8.0Cross-border payments, FX and multi-currency accounts

Payments in over 145 currencies to more than 200 countries including 130 exotic currencies, more than 100 correspondent banks, over 235 billion dollars transacted a year, and spot, forwards and over-the-counter derivatives, although no margin is published. In-country accounts in the client's own name with dedicated IBANs and hierarchies by entity or function, mass payments by CSV or interface, multi-bank connectivity through Cobase and both currency and interest rate hedging. · source

7.5Financial strength & stability

Part of Corpay, Inc., an S&P 500 company listed on the New York Stock Exchange with a market capitalisation above 23 billion dollars and 2024 revenue just under 4 billion; the Maltese entity itself publishes a Pillar 3 disclosure but no balance sheet and no rating. · source

7.0Fast digital onboarding

Alpha says it aims to open accounts in 7 days or less through fast online onboarding with no physical presence required, all managed on one platform. · source

7.0Foreign-owned & non-resident companies

Alpha says accounts can be opened locally from anywhere in the world with no physical presence required and managed through a single platform. · source

6.5Europe (EU, EEA, Switzerland)

MFSA authorised in Malta for investment services and for issuing electronic money and payment services, opening in-country accounts in the client's own name with dedicated IBANs, though it is a single Valletta entity rather than a branch network. · source

4.0Lowest fees

Alpha publishes no price list at all; it states it charges nothing for strategy work and monetises like a traditional broker only when the client transacts. · source

4.0Fintech companies that need a partner bank

It serves global payroll providers and other high-volume payers as clients, but publishes no safeguarding accounts, no BIN sponsorship and no agency banking for electronic money institutions. · source

4.0Online businesses: e-commerce and SaaS

Local accounts let a marketplace collect and pay in local currency, and Alpha says clients can offer customers payment in their own currency, but there is no card acquiring and the payments product is built for high-volume payers rather than merchants. Multi-currency receiving accounts and an integration route suit a software company collecting abroad, but there is no card acquiring for subscriptions, no accounting integration and no revenue-based financing. · source

4.0Trade, manufacturing & import-export

Forwards, over-the-counter currency derivatives, interest rate hedging and fund finance are offered, but no letters of credit, guarantees or documentary collections appear in the published product range. · source

4.0On-ramp: buy crypto with fiat

Evidence is thin: Alpha FX Europe sells no crypto and publishes no rule on client payments to crypto exchanges, and its clients are mainly investment funds and corporates using FX, checked September 2026. · source

4.0Off-ramp: crypto to fiat in a business account

Evidence is thin: no published source-of-funds process for crypto proceeds and no reports either way on how Alpha FX Europe treats exchange wires, checked September 2026. · source

3.5Customer satisfaction

Trustpilot holds no rating for alphagroup.com, showing zero reviews, and Alpha publishes no customer satisfaction measure of its own. · source

3.0Crypto-friendly bank

Alpha publishes no policy on crypto clients on its regulatory information page or on any of its corporate product pages. · source

3.0Best interest on business balances

No interest rate on client balances is published anywhere on the site; the interest product on offer is interest rate hedging for borrowers rather than yield on cash. · source

3.0High-risk verticals (iGaming, cannabis, adult, forex)

Alpha publishes no policy on gambling, cannabis, adult or forex-broker clients on its regulatory or product pages. · source

3.0Stablecoins (USDC, USDT and others)

Parent Corpay said in May 2026 that BVNK will let its customers send, receive, store and convert stablecoins next to fiat balances, but this is a group announcement and no Alpha FX Europe product page or MiCA authorisation for it was found. · source

2.5Startups & VC-backed companies

The offering targets corporates and private-markets funds with high payment volume and complexity, Alpha says it is not right for everyone, and no pre-revenue or startup product is published. · source

2.0Business cards (Visa, Mastercard)

No card product appears anywhere in Alpha's published range for corporates or private markets; the offering is accounts, payments and hedging. · source

2.0Crypto wallet and custody for a business

Alpha FX Europe is a Maltese subsidiary of Corpay, which in May 2026 announced embedded stablecoin wallets through BVNK for its global customers; no date or country list shows this live for Alpha FX Europe clients, and the entity holds no other crypto. · source

1.0Accept crypto payments

Alpha offers FX, hedging and multi-currency accounts, not merchant acquiring, and no crypto acceptance was found on its regulatory or product pages, checked September 2026. · source

1.0Bitcoin

No bitcoin buying, holding or transfer at Alpha FX Europe or in Corpay's announced stablecoin feature, checked September 2026. · source

1.0Ethereum

No ether buying, holding or transfer at Alpha FX Europe, checked September 2026. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.