Its founding members were the governments of Colombia, Kenya, Peru, and the Philippines, as well as CARE, Concern Worldwide, Mercy Corps, United Nations Development Programme (UNDP) and World Food Programme (WFP).

Based at the UN, the Alliance now has 80 members and is an implementing partner for the G20’s Global Partnership for Financial Inclusion (GPFI).

The Alliance’s secretariat works closely with member governments, companies and other global organizations.

[4][5] The Alliance Secretariat works with members on their journey to digitize payments by:[6] The Bill & Melinda Gates Foundation, Citigroup, the Ford Foundation, the Omidyar Network, the United Nations Capital Development Fund, the United States Agency for International Development (USAID),  and Visa Inc. were founding funders of the Alliance.

[7][8] Further current funders include the German Federal Ministry for Economic Cooperation and Development (BMZ), the Mastercard Foundation, the Swedish International Development Cooperation Agency (Sida), and the Swiss State Secretariat for Economic Affairs (SECO).