RevPay provides microcredit and financial consulting services tailored for wholesale shopkeepers and their resellers. Their platform offers fintech and credit facilities designed to provide quick and easy access to capital, particularly for women entrepreneurs. This helps small businesses manage their finances and access necessary funding.
Funding
Funding not disclosed
Founders
Product
Problem
Wholesale shopkeepers and their resellers, especially women entrepreneurs in direct sales, often face challenges in accessing capital and managing finances efficiently. Traditional credit facilities may be difficult to obtain, hindering business growth and sales potential. Existing payment methods may also limit purchasing power and flexibility for resellers.
Solution
SouRev provides a fintech platform that enables businesses to offer installment payments via Pix, a popular instant payment system in Brazil. This allows resellers to purchase goods on credit and pay over time, increasing their purchasing power and sales. SouRev assumes the risk of fraud and default, ensuring that wholesalers receive payments upfront, typically within two business days. The platform also offers tools for managing credit, collections, and financial tracking, streamlining operations for both wholesalers and resellers.
Target Audience
SouRev targets wholesale shopkeepers and their resellers, particularly those in the direct sales industry, with a focus on empowering women entrepreneurs.
Features
- Pix installment payments for resellers, allowing purchases on credit without a credit card.
- Risk management for wholesalers, protecting against fraud and default.
- Fast payments to wholesalers, typically within two business days.
- Credit analysis and management tools for resellers.
- Digital platform for managing credit, collections, and financial tracking.
- Mobile app for resellers to manage sales, earnings, and customer collections.
- Virtual assistant (RevNet) to automate customer payment reminders.
- Integration with multiple sales channels, including physical stores, online platforms, WhatsApp, and phone sales.