Fairplay offers sales-advance, revenue-based financing that pays client providers directly in exchange for a flat fee and a steady share of future revenue. The company targets direct-to-consumer e-commerce brands and marketplace sellers across Latin America, funding marketing, inventory and related operational spend. Fairplay works with clients ranging from sellers doing about $15,000 per month to large DTC companies selling $10 million per month; its average investment is roughly $85,000. The startup reported a strong 2021, with Q3 originations up 250% over Q2 and revenue up more than 200%, and expected continued double-digit growth into Q4 and five-fold growth in 2022. Founded in 2019, the company is leveraging new capital to scale operations and headcount—plans include doubling its team from 38 employees in the coming months. To date Fairplay has raised $40 million in total capital.

Total raised

$35M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jan 2022