VENTIUR Smart Capital invested R$ 1.5 million in Payer, a fintech startup revolutionizing retail financial services in Brazil.

Target Information

Payer is a fintech startup established in 2020 in Porto Alegre, Brazil, aimed at democratizing retail financial services. With four years of experience in the financial sector, the company operates a marketplace designed specifically for retailers, providing thousands of customers across the country with seamless financial solutions. The invention of a cost-effective route enables retailers to manage credit card fees efficiently, thus facilitating improved operations within their businesses.

Founded by Vinicius Bubadra and José Almeida, Payer emerged in response to the challenges faced by retailers in managing rental and transaction fees for card processing equipment. The platform promises to deliver substantial savings and innovative solutions to its users, allowing them to unify multiple payment machines and select the most cost-effective rates for their transactions.

Industry Overview in Brazil

Brazil's retail sector is witnessing rapid advancements in technology, reshaping how transactions are conducted. The country has been experiencing a growing trend towards digitalization, driven by increased smartphone adoption and a shift in consumer pr

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VENTIUR Smart Capital

invested in

Payer

in 2023

in a Venture Debt deal

Disclosed details

Transaction Size: $2M

Equity Value: $2M

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