Flexipag
Country: Brazil
City: São Paulo
Stage: rev
Industry: Financial Services: Fin Tech
We use customers' smartphone as a collateral to offer loans with low interest rates & highly flexible payment terms.
Micro loans to low & middle income populations are hard to extend given the lack of credit history, absence of collaterals & average ticket.
Our tech creates a natural incentive to pay by allowing us to remotely block access to smartphone apps when the customer misses payments.