PayHop is a fintech that uses card receivables as collateral to enable credit and better payment terms between suppliers and retailers. The platform facilitates payments, reduces delinquency, and originated operations in the card-receivables market after its first round. Founded in 2020, PayHop reports more than 400,000 registered retailers, over 60 supplier partnerships, and more than R$200 million transacted in 2023, alongside a sixfold revenue increase year‑over‑year. With the new investment PayHop plans to operate with duplicatas escriturais, deepen its use of data for decision-making, and accelerate its go-to-market strategy. The company also expects technical integration with TOTVS' management systems to support credit flows across ERPs. PayHop operates a single platform serving both suppliers and retailers, enabling retailers to use card receivables as real collateral or BNPL to purchase goods and helping suppliers sell more with lower credit risk. The solution reduces retailers' costs tied to point-of-sale cash-advance fees and aims to broaden access to credit for underserved retail segments. Created two years ago and operating for seven months, PayHop positions its product in line with a Bacen regulatory change from June last year. The company raised a R$11.5 million seed round and plans to invest the proceeds in commercial acceleration and in expanding its technology and product teams. PayHop expects to grow its headcount fourfold and increase the number of supplier clients tenfold. Founders Eduardo Rossi (CEO) and Arthur Fontana (CTO) say the investment and partnership with Serasa Experian will provide strategic distribution channels and credit-risk capabilities to scale adoption.

Total raised

$2M

Funding rounds

2

Latest round

Seed

Latest activity

Feb 2022