True Payments
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $41M
Investors
- 5
About True Payments
True Payments Ltd.Founded in 2020 in Brazil, True Payments Ltd. offers tailored credit and payment solutions for the Food Service industry. The company was co-founded by Luis Cascão and Pedro De Oliveira, who also serves as the CEO. True Payments Ltd.True Payments Ltd. offers a comprehensive credit and payment solution specifically designed for businesses in the Food Service sector. Their primary product facilitates efficient credit approvals and payment terms, enabling companies to provide higher credit limits within 40 seconds based on customer creditworthiness. This service helps manage cash flow through flexible payment options, such as weekly, bi-weekly, or monthly installments, allowing businesses to handle accounts receivable while minimizing the risks associated with customer defaults. True Payments Ltd.The revenue model of True Payments Ltd. is centered around B2B transactions, where businesses collaborate with them to manage credit and payment solutions for their customers. By allowing companies to extend credit, True Payments Ltd. facilitates transactions that can be settled through installment payments over periods of up to 120 days, transforming immediate sales into long-term revenue and improving cash flow for both the company and its partners. plans to focus on enhancing its talent pool in Brazil and other countries to support its growth initiatives. The company is also exploring opportunities for expansion into new geographic markets across Latin America, although specific regions are yet to be disclosed.
Who invested in True Payments
5 investors across 2 rounds
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Questions about True Payments
Who invested in True Payments?
True Payments has 5 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 True Payments raised?
True Payments has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did True Payments last raise money?
True Payments's most recent round on record is a Series A, in Nov 2021.
What does True Payments do?
True Payments is a software company.
Where is True Payments headquartered?
True Payments is headquartered in Brazil.
Which VCs invest in companies like True Payments?
Among active investors with capital left to deploy, Crescera Capital, Kaszek Ventures, dao5 and LIV Capital back software companies at True Payments's stage. Their profiles are linked below.
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