Facio

Facio

Antecipação de salário justa para trabalhadores brasileiros. Um melhor bem-estar financeiro para todos.

Founded 2019 Brazil

Brazil 51 employees Seed Total: $6.50M Financial Services, Fintech +1

Facio is a Brazilian startup that aims to provide fair salary anticipation for Brazilian workers, promoting better financial well-being for all. With over 80% of the Brazilian population struggling with high-interest debt and lack of access to financial well-being benefits, Facio recognizes the pressing need to address this issue. The company firmly believes in the right to financial education and advocates for accessible credit options for all workers. Founded in 2019, the startup operates in the Financial Services, Fintech, and Banking industries, with its headquarters located in Brazil. In its most recent funding milestone, Facio secured a noteworthy $5.00M in a Seed Round investment on November 18, 2020. The investment was led by prominent investors including Monashees, Michael Seibel, Next Billion Capital Partners, Gabriel Braga, and Igor Marchesini. Facio's commitment to addressing the financial challenges faced by the majority of the Brazilian population, combined with its strategic use of technology and microcredit solutions, positions the company as a promising player in the fintech space, making it an attractive prospect for potential investors seeking opportunities in the Brazilian financial services market.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	$5.00M	5	Monashees, Michael Seibel +3	18 Nov 2020
Pre Seed Round	$1.50M	3	Y Combinator, Monashees +1	19 Feb 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

$5.00M

Monashees, Michael Seibel +3

18 Nov 2020

Pre Seed Round

$1.50M

Y Combinator, Monashees +1

19 Feb 2020

FAQ About Facio

Antecipação de salário justa para trabalhadores brasileiros. Um melhor bem-estar financeiro para todos.

Facio was founded in 2019.

Facio is headquartered in Brazil.

Facio operates in Financial Services, Fintech and Banking. Its work centres on Brazil, financial education, microcredit and digital platform.

Facio has approximately 51 employees.

Facio has completed 2 funding rounds, raising a total of $6.50M. The latest funding stage is Seed.

Top alternatives and competitors to Facio include Educbank, Payflow (YC S21), Financial Fitness Group, Healthy Wallet, Beyond Finance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Facio and Educbank are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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