Salary advance to employees in Brazil.
Company is active
Event Year: 2020
Company is active
Event Year: 2020
Facio provides salary advances to employees in Brazil, addressing a critical need for immediate financial access. By offering this service, Facio aims to alleviate the financial strain employees often face between paychecks, fostering financial well-being and potentially increasing productivity. This fintech solution taps into the demand for accessible and convenient financial services within the Brazilian market, offering a compelling alternative to traditional lending options. The platform likely integrates with employers' payroll systems to facilitate seamless and secure advance disbursement and repayment.
Facio provides salary advances to employees in Brazil, addressing a critical need for immediate financial access. By offering this service, Facio aims to alleviate the financial strain employees often face between paychecks, fostering financial well-being and potentially increasing productivity. This fintech solution taps into the demand for accessible and convenient financial services within the Brazilian market, offering a compelling alternative to traditional lending options. The platform likely integrates with employers' payroll systems to facilitate seamless and secure advance disbursement and repayment.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2020
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2020
Fintech
Fintech
Fintech -> Credit and Lending
Fintech -> Credit and Lending
Team size: 36
Hiring: No
Team size: 36
Hiring: No