Facio Payment Ltda
Latest round
- Seed
Last raised
- Nov 2020
Total raised
- $6.5M
Investors
- 3
About Facio Payment Ltda
Founded in 2019 and headquartered in Sao Paulo, Brazil, Facio Payment Ltda provides salary anticipation services to help employees access their earned income early. Facio's founder has not been specified as having previous ventures or other notable company affiliations.Facio Payment Ltda specializes in salary anticipation services, offering a streamlined solution for employees to access their earned wages before conventional payday. Their core product allows users to withdraw a portion of their salary, providing immediate financial relief for unforeseen expenses. This service is particularly beneficial for individuals who may face cash flow challenges and need to bridge the gap between pay periods.Facio generates revenue through transaction fees associated with its salary anticipation services.90 for the transactions. The company is focusing on developing additional financial products tailored for employee financial wellness and aims to enter new urban markets in Brazil by the end of 2022.
Who invested in Facio Payment Ltda
3 investors across 2 rounds
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Questions about Facio Payment Ltda
Who invested in Facio Payment Ltda?
Facio Payment Ltda has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Facio Payment Ltda raised?
Facio Payment Ltda has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Facio Payment Ltda last raise money?
Facio Payment Ltda's most recent round on record is a Seed, in Nov 2020.
What does Facio Payment Ltda do?
Founded in 2019 and headquartered in Sao Paulo, Brazil, Facio Payment Ltda provides salary anticipation services to help employees access their earned income early.
Where is Facio Payment Ltda headquartered?
Facio Payment Ltda is headquartered in Sao Paulo, Brazil.
Which VCs invest in companies like Facio Payment Ltda?
Among active investors with capital left to deploy, Inception Capital, Iporanga Ventures, SIMMA Capital and Adn.Vc back financial services companies at Facio Payment Ltda's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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