Pagaleve is a Buy Now Pay Later startup that offers installment payments on PIX, with no credit cards needed and no interests added. The startup focuses on a B2B2C model, with a strong focus on e-commerce. Pagaleve mainly focuses on supporting those who struggle with credit card limits.
The round was led by Salesforce Ventures, with the participation of Our Innovation Fund, Janeiro Energy, Founder Collective, Scale-Up Ventures and Entreé Capital.
“Being able to close an investment round like this, amid a turbulent global economic scenario, strengthens our commitment to continue accelerating financial inclusion and access to installment payments for millions of Brazilians” -Henrique Weaver, CEO of Pagaleve
With this capital, Pagaleve will invest more in product development, risk analysis and consumer experience.