Who competes with Alma?

Alma competes in the Fintech category against Satchel, Tally, Akudo, Debteye, Paribus and other Y Combinator-backed companies.

Alma alternatives: 12 options compared

Q: What are the best alternatives to Alma?

The closest alternatives to Alma are Satchel, Tally, Akudo. This page compares 12 alternatives on what each one does, funding stage, team size and operating status.

Q: Which Alma alternative should I choose?

Satchel is the closest match to what Alma does. Larger teams in the comparison table generally offer more support and a longer track record, while earlier-stage companies tend to compete on price.

Q: Is Alma still active?

Alma is currently listed as Inactive in the Y Combinator directory.

TL;DR: If you are replacing Alma, the closest options are Satchel, Tally, Akudo. The table below compares 12 alternatives on what they do, stage, size and status.

Every alternative below is compared on what it actually does, not just its category — so you can see which one genuinely replaces Alma (YC Summer 2022).

Last verified: 2026-04-21

What are the best alternatives to Alma?

The three closest alternatives to Alma are:

Satchel — works in the same Fintech category (YC Summer 2018).
Tally — works in the same Fintech category (YC Winter 2025).
Akudo — India's first learning-focused neobank for teenagers (YC Summer 2021).

Alma alternatives compared

Alternative	What it does	Stage	Team	Status
Satchel	—	YC Summer 2018	8	Inactive
Tally	—	YC Winter 2025	2	Active
Akudo	India's first learning-focused neobank for teenagers	YC Summer 2021	20	Inactive
Debteye	Automate credit counseling.	YC Summer 2011	2	Acquired
Paribus	—	YC Summer 2015	—	Acquired
Z1	Digital bank for teenagers in LatAm connected to prepaid card	YC Winter 2021	80	Active
Prospa	Banking for businesses	YC Winter 2021	70	Active
InstaKin	Financial Platform for Migrant Families in America	YC Summer 2021	15	Active
Oxygen	A leading digital bank in the US offering personal and business…	YC Summer 2018	68	Active
Transfez	Brex for small businesses in Indonesia	YC Winter 2022	50	Active
Atlas	Modern spend management & concierge.	YC Winter 2019	25	Active
Bits	Bits is a credit card designed to help people build credit	YC Summer 2020	15	Active

Which Alma alternative should I choose?

It depends on your size. Satchel is the closest match on what Alma actually does. If you need something more established, sort the table by team size — larger teams generally mean more support and a longer track record. If budget is the constraint, the earlier-batch companies are usually the ones still competing on price.

Is Alma still active?

Alma is no longer listed as active, so anyone still relying on it should plan a migration to one of the alternatives above.

How was this list put together?

Every company here is Y Combinator-backed and was matched to Alma on what it actually does — its own description of its product — rather than on a broad category label. Batch, team size and operating status come from the YC directory and are shown as-is. We do not rank by payment.

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