Zippi offers a digital credit platform that enables microentrepreneurs in Latin America to access instant capital through the Pix payment system, allowing them to pay suppliers immediately and manage weekly repayments. This service addresses the need for flexible cash flow solutions, empowering small business owners to enhance their purchasing power and operational efficiency without the constraints of traditional credit cards.
Funding
$16.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
HV+1Founders
Product
Problem
Microentrepreneurs in Latin America often lack access to flexible and readily available capital, hindering their ability to quickly pay suppliers and manage cash flow effectively. Traditional credit cards may not be suitable due to high fees or rigid repayment schedules, limiting purchasing power and operational efficiency.
Solution
Zippi provides a digital credit platform that enables microentrepreneurs to access instant capital via the Pix payment system for immediate supplier payments and weekly repayments. The platform offers a credit line that grows with consistent usage and timely payments, allowing businesses to increase their purchasing power and negotiate better discounts with suppliers. Unlike traditional credit cards, Zippi offers a streamlined, bureaucracy-free experience tailored to the needs of microentrepreneurs, providing a flexible capital solution without annual fees.
Target Audience
Zippi primarily targets microentrepreneurs (MEI) and self-employed individuals in Latin America who require flexible, short-term capital to manage their business operations and supplier payments.
Features
- Instant credit access via Pix transfers directly within the Zippi app
- Weekly repayment schedule aligned with the cash flow of microentrepreneurs
- Credit limits that increase with consistent, on-time payments
- No annual fees or traditional credit card bureaucracy
- Digital platform accessible via mobile app
- Integration with Pix payment system for instant transfers to suppliers
- Automated invoice reminders and payment processing