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Drip
AddedMar 17, 2024
UpdatedJul 7, 2026
Drip

Drip

Series A

Drip: Shop anywhere, pay in installments with Pix, earn 2%+ cashback.

HQ
São Paulo, São Paulo, BR
Founded
2021
Accelerator
Y Combinator logoY CombinatorS22
Overview
Compare
Fundraising
Employees
Website

Drip, founded with a mission to revolutionize payment methods in Brazil, aims to combine the convenience of Pix with the benefits of credit cards. The company's vision is to enable seamless, installment-based shopping experiences while offering cashback rewards. Through its app, Drip allows users to onboard quickly, shop almost anywhere, and manage their payments efficiently. By leveraging Pix's extensive network, which covers over 85% of e-commerce transactions in Brazil, Drip provides a unique solution that merges speed, acceptance, and financial flexibility.

Notable figures associated with Drip include its founders and early-stage investors who have a strong background in fintech and e-commerce. The company has achieved significant milestones, including rapid user adoption and high customer satisfaction rates due to its innovative payment model. Drip's impact on the market is evident through its growing user base and the increasing number of merchants accepting its payment method. By offering a compelling alternative to traditional credit cards, Drip is poised to transform the Brazilian payment landscape.

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Drip - Quick Facts

Who are Drip's competitors?

Companies similar to Drip include Drip, Drip Capital, Pantore Pay and Compra Rápida.

When was Drip founded?

Drip was founded in 2021.

Where is Drip's headquarters located?

Drip's headquarters is located in São Paulo, São Paulo, BR.

When was Drip's last funding round?

Drip's most recent funding round was for $8M (USD) in October 2023.

How much has Drip raised to-date?

As of Oct 2, 2023, Drip has raised a total of $8.5M (USD).

How many employees does Drip have?

Drip has 20 employees as of Feb 24, 2024.

Drip - Classification

Ownership
  • Private
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Brazil
Revenue
  • Recurring
  • Transactional
Customer
  • Consumers
Main Product
  • Credit
  • Payments
Tags
  • Platform
  • SaaS
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice