Company Description

Drip is a buy-now-pay-later service for Brazil. Since launching in April, monthly revenue growth has reached 150%, with 8.5k customers already using the app. Drip helps people stay within their credit limit by creating a separate credit line so installments don't affect credit card limits. Drip offers multiple benefits such as faster and safer payments, capped late fees, and more rewards. Drip is currently operating in the $5B market of e-commerce payments but intends to expand to B&M shopping, reaching a $37B+ market.