Philadelphia, United States
Perpay Inc. is a Philadelphia-based fintech startup founded in 2016 that's carving out a niche in the Finance and Financial Services sectors by developing inclusive financial solutions aimed at expanding economic access. Their mission is to empower individuals to improve their financial future through simple, user-friendly products.
The company is particularly notable for its innovative offerings such as the Perpay Marketplace, which merges interest-free payments with modern e-commerce to encourage healthy financial behaviors. Their Perpay+ and Perpay Credit Card further foster credit building and accessibility, removing traditional barriers to financial services.
Impressively, the company has facilitated $500 million in spending power for its members, contributing to an average credit score increase of 32 points within the first three months. First Round Capital and JP Morgan back Perpay, signaling strong confidence from established investors, despite the last documented raise being a $2.00M Angel investment.
Borrowell
