Pagaleve

Pagaleve is a Brazilian fintech company pioneering buy now, pay later (BNPL) services via Brazil's instant payment system PIX. Founded in 2021 by Henrique Weaver (ex-Uber, McKinsey, OYO) and Michael Greer (ex-Zip), Pagaleve enables consumers to pay for purchases in interest-free installments without needing a credit card. The platform serves three underserved groups: the 30% of Brazilian adults without credit cards, consumers with insufficient credit limits, and those who prefer alternative payment methods. Pagaleve's AI-driven credit engine analyzes 100+ variables in real-time to achieve 70% approval rates with delinquency below 2%. The company has grown from 30 to 7,000+ merchant partners, reached over R$1 billion in payment volume, and achieved positive EBITDA while growing 8x year-over-year. Pagaleve raised a $25M Series A led by Salesforce Ventures and is focused exclusively on the Brazilian market.