Provides a digital platform for restaurants, bars, and grocery stores in Brazil to access pre-approved credit for purchasing food and beverage supplies. By enabling businesses to pay suppliers via boleto or PIX with a flexible 7-day repayment term, it helps maintain cash flow and ensures a steady supply of inventory.
Funding
Funding not disclosed
Founders
Product
Problem
Restaurants, bars, and grocery stores in Brazil often face challenges in managing their cash flow when purchasing food and beverage supplies. Traditional payment methods may not offer the flexibility needed to maintain a steady inventory while awaiting customer payments. This can lead to disruptions in operations and hinder growth opportunities.
Solution
Pantore Pay provides a digital credit platform designed to give food service businesses in Brazil access to pre-approved credit for purchasing supplies. Through the Pantore Pay app, businesses can pay suppliers via boleto or PIX and gain a 7-day repayment term, improving cash flow management. The credit limit adapts based on payment history, offering increased flexibility as the business demonstrates responsible usage. Pantore Pay pays the supplier directly and sends a new payment request to the business, streamlining the payment process. This enables businesses to maintain consistent stock levels and meet customer demand without straining their finances.
Target Audience
The primary target audience includes restaurants, bars, lunch counters, grocery stores, bakeries, and other food service businesses in Brazil that need short-term credit to manage their supply purchases.
Features
- Mobile application for iOS and Android to manage credit and payments.
- Credit lines for paying suppliers via boleto or PIX.
- 7-day repayment terms with a service fee.
- Credit limits that increase based on payment history.
- Customer support via Instagram and WhatsApp.