Tekton Ventures · Nov 2024
Describes Facio as a payroll credit alternative based on open finance and Pix for underserved Brazilians.
Salary advance to employees in Brazil.
Public company, workplace, funding, and market signals
Brazilian fintech focused on salary advances and payroll-linked credit for workers in Brazil, with transparent pricing, bank-statement/open-finance underwriting, and add-on financial education/savings features.
Primary product
Antecipação de salário (salary advance) / payroll-linked credit
Founded
2019
Headquarters
Rua Cláudio Soares, 72, Pinheiros, São Paulo, SP 05422-030, Brazil
Team size
51-200
Work style
Remote
Industry
Financial Services
Sub-industry
Fintech / earned wage access / payroll loans
Offices
0 jobs at Facio
Check back later for new openings
Business model
Stage
Series A
Total raised
$17.6M
Latest round
Series A · Aug 2024
Latest amount
$11.1M
Leadership
Co-Founder & CEO
Co-Founder & CTO
Co-Founder
Investors
Public materials emphasize transparency, simplicity, speed, and practical problem-solving. The company describes itself as a team that builds products quickly and effectively, with an innovation- and productivity-oriented culture.
Work style
Remote
Pricing
Per-transaction salary-advance fee, with fees starting at R$ 9,90 and pricing disclosed upfront; repayment is automatically collected on payday.
Differentiators
Technology
Customers
Competitors
Estimated revenue
under $1M
Estimated monthly visits
4M
Traffic estimate as of Jun 2026
Tekton Ventures · Nov 2024
Describes Facio as a payroll credit alternative based on open finance and Pix for underserved Brazilians.
CB Insights · Aug 2024
Reports Facio’s latest funding as a Series A of about $11.05M led by Monashees and total funding of about $17.9M.
LAVCA · Nov 2020
Summarizes the seed round and investor syndicate supporting Facio’s payroll advances and financial education platform.
Crunchbase News · Nov 2020
Covers Facio’s $5M seed round led by Monashees and ONEVC, plus participation from Y Combinator-associated angels.
Valor Econômico · Feb 2020
Introduces Facio as a fintech for employee credit and savings founded by ex-SumUp operators.