Alka was lovingly named after a friend of the company's mother. In her first years as an immigrant to the US, Alka's family faced financial adversity. By stepping into her own power and becoming highly self-educated about personal finance, Alka was able to turn her family's financial picture from scarcity to abundance.
Alka (the company) was incorporated on January 29, 2019 by founder Tony Xiao. With a background in banking software, he is passionate about data accuracy and building products that are useful. Cofounder Danny Smith is a product designer with years of experience in the financial industry. He is dedicated to creating a product that helps people manage their financial life without feeling discouraged. Together, they aim to make an app that not only provides value, but leaves you in a better state of mind than you were before.
We are a small team of software engineers and product designers. About half of us are based in San Francisco, while the rest are scattered across Europe. This photo was taken when we all met in person for the first time in Costa Rica.