AlphaPo Review
5.2/10A gambling-native crypto payment gateway for offshore operators: unlicensed, incorporated in Panama and based in Curacao, with 22 coins, 23-plus fiat currencies, custodial merchant balances, and mass player payouts.
Our read
- Gambling-native: a custodial rail built for casinos and betting sites, with mass player and affiliate payouts and eight years of processing since 2018.
- Wide fiat accumulation: balances across 23-plus fiat currencies on top of a 22-coin list heavy on multi-chain stablecoins, useful for offshore books settling in many currencies.
- Payment-orchestration availability through Norbr, public docs, a status page, and a free 30-day trial.
- No license: an offshore Panama and Curacao entity holding merchant funds with no MiCA CASP, VASP, or other authorization.
- Ownership and leadership are undisclosed.
- Pricing on request, and the fee schedule is gated in the merchant dashboard.
Offshore, crypto-first casinos and betting sites that want a gambling-native custodial rail with wide fiat accumulation.
Any EU, UK, US, or otherwise licensed operator that needs an authorized counterparty, anyone who cannot hold player funds with an offshore, unlicensed custodian, and compliance teams that need disclosed ownership.
Markets & licensing
AlphaPo is an offshore, unlicensed rail: a Panama company operating out of Curacao. It holds merchant funds as a custodial processor, and no regulated safeguarding regime stands behind those balances.
AlphaPo holds no US license and no license in any other jurisdiction, operating from Panama and Curacao. For a US-facing or any regulated operator there is no authorized entity to contract with.
There is no FCA permission and no other UK authorization, and the operating entity is offshore. A UK-facing operator finds no regulated counterparty to contract with here.
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Licensing tier: none, since the Panama entity holds no MiCA CASP, no VASP registration, and no other license.
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Methods & rails
What you can reach
Payout rails
Processing features
Integrations & engineering
One contract and one API instead of a separate deal per studio, feed, or PSP. Here's what connects, how fast, and on what stack.
Operators integrate AlphaPo's custodial gateway and API to accept 22 coins across 16 networks, accumulate balances across 23-plus fiat currencies, and run mass payouts to players and affiliates, settling to a bank account. The docs are public on Mintlify with an OpenAPI spec, a Postman collection, and callback references, per-player deposit addresses cover casino top-up flows, and payment-orchestration availability through Norbr gives orchestrator-side operators a route.
Products & tools
A custodial crypto rail built for offshore gambling: accept 22 coins, accumulate balances in 23-plus fiat currencies, run mass payouts to players, and settle to a bank account, all from an unlicensed, Panama-incorporated, Curacao-based company.
Crypto Payment Gateway
The core custodial gateway for gambling and high-risk merchants: accept 22 cryptocurrencies across 16 networks, accumulate balances across 23-plus fiat currencies, and settle to a bank account, with instant crypto acceptance tuned to casino cashiers.
- 22 crypto assets accepted
- 16 networks including Lightning, Solana, Base, Arbitrum, and TON, with USDT on seven networks and USDC on six
- Channels product gives each player a permanent deposit address, with Invoices for fixed-amount payments, both built for iGaming
- Deposits credited in 3 seconds, with off-chain internal processing when both sides run on AlphaPo
- Custodial: AlphaPo holds merchant funds
- Payment orchestration distribution via Norbr
Payouts
The pay-out side for operators: mass crypto payouts to players and affiliates, accumulation and conversion across 23-plus fiat currencies, and settlement to a merchant bank account.
- Mass crypto payouts to players and affiliates in multi-currency batches
- Instant withdrawals reach the network in 30 seconds to 2 minutes on BTC, BCH, LTC, and DOGE
- Accumulation across 23-plus fiat currencies, with conversion into 40-plus
- Bank settlement from the custodial fiat balance to a verified account
- Crypto-fiat exchanges at a fixed quote or at market rate inside the merchant account
The history
Longevity in this industry usually comes with a change of owner somewhere in it.
AlphaPo has operated since 2018 as a custodial crypto payment provider for gambling sites, subscription services, and e-commerce, run through AlphaPo Solution Inc., a business company incorporated in Panama and based in Curacao. It serves offshore gambling and high-risk merchants from an unlicensed base.
Corporate
Milestones
- 2018
AlphaPo begins operating as a custodial crypto payment provider for gambling and e-commerce, out of Panama and Curacao.
Where they're pushing next
- Offshore crypto-first casinos and betting sites
- High-risk e-commerce and subscription merchants
Longevity and ownership
Switching vendors is expensive, which makes the company's staying power part of the purchase. What the contract says about your data decides how expensive an exit gets.
AlphaPo vs alternatives
Most buyers in this market shortlist three or four vendors long before they take a single sales call.
| Attribute | AlphaPo | CoinsPaid | Bitpace | NOWPayments |
|---|---|---|---|---|
| Founded | 2018 | 2014 | 2016 | 2019 |
| Team | — | 200+ | — | 22+ |
| US market | Restricted | Restricted | Restricted | Restricted |
| Pricing | On request | Public | On request | Public |
| Currencies | 23+ | 40+ | 20+ | 21+ |
| Coins | 22+ | 20+ | 70+ | 350+ |
| Settlement | Deposits credited in 3 seconds into custodial balances, with fiat accumulation and bank settlement from the merchant dashboard | Near-instant crypto-to-fiat at a rate locked when the payment is made | Seconds to minutes after blockchain confirmation, with auto-conversion to USD, EUR, or USDC | Per transaction, in minutes |
| Instant payouts | Yes | Yes | Yes | Yes |
Settlement & commercials
AlphaPo prices per deal, so exact figures land in the contract rather than on a public rate card.
The fee schedule lives in the merchant dashboard, with per-currency fees, conversion variants, and minimums.
The BTC minimum-deposit-fee band runs EUR 1-8, adjusted weekly, and ETH gas is passed through as a transfer fee. A free 30-day trial exists, and there is no chargeback exposure on the crypto rail.
The deal
Money movement
Onboarding path
- 1Start with the counterparty: AlphaPo is offshore in Panama and Curacao, unlicensed, and custodial
- 2Scope the build against the public docs at docs.alphapo.net and take the free 30-day trial
- 3Integrate the custodial gateway and payout flows, or take the Norbr orchestration route
- 4Model the cost from the dashboard fee schedule
- 5Go live
Support & account management
You can't demo service before you sign, so what a vendor puts in writing is the only floor you can hold it to.