Founded in 2021, Pagaleve offers buy-now-pay-later services aimed at the large share of Brazilians who either lack credit cards or face low card limits. Its flagship product is an interest-free pay-in-four option integrated through retailers’ checkouts, complemented by monthly plans of up to 12 installments and a “Pay Anywhere” feature that lets users split any Pix payment even at non-partner merchants. The platform is connected to more than 10,000 retailers—including AliExpress, Temu, Shein, Soma Group brands, and Vivara—and serves over 5 million consumers. Over the last 12 months the company processed about 10 million transactions, reaching an annualized total payment volume (TPV) of USD 570 million, four times the prior year, while revenue grew sixfold. Management projects annualized revenue of roughly USD 100 million by the second half of 2026 and reports a positive EBITDA starting in 2025. Pagaleve’s AI-driven risk engine maintains a 70 % approval rate and only 2 % delinquency, with a KS coefficient of 45 % for new users. Repeat customers generate 75 % of revenue, with 62 % of first-time buyers returning for a second purchase.

Total raised

$30M

Funding rounds

1

Latest round

Series A

Latest activity

Oct 2025