Facio

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.