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Pagaloop

Pay, Get Paid and Extend Cash Flow using your Credit Card as…

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About

Pagaloop helps business owners and persons in Latin America pay, get paid and extend cash flow using credit cards to finance expenses like rent, taxes, payroll and suppliers, via an extended network of relevant partnerships (federal/local governments, AMEX, HSBC, schools and universities, etc.). The Company provides a service in which a payment is made to a third party (that would typically not accept credit card as a payment method) in exchange for a fee of 4.7% (+ taxes). Additionally, Pagaloop offers payments in 3, 6, 9 or 12 months with an extremely accessible commission. All of those solutions without taking any underwriting risk, which remains at the issuer of the credit line.

FintechPayments
Facts
Website
pagaloop.com
City
Mexico City
Country
Mexico
YC batch
Winter 2021
Team
23 people
Stage
Early stage
AI-native
No

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