Litipay operates a receivables anticipation platform that purchases judged and settled lawsuit credits from clients at a discount to provide them with immediate credit. The company focuses on microcredit, targeting small legal cases with small ticket sizes, according to co‑founder Bruno Avena. Since its founding in 2021, Litipay has facilitated $2.2M in transactions from over 400 lawsuits. The business model centers on acquiring credited receivables and enabling sellers to monetize settled judgments earlier. Litipay plans to use new capital to acquire more credits originated from judged and settled lawsuits and to scale transaction volume. Management expects the funding to fuel growth and further expansion in the legal credit market.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024