Brazil based startup offering salary-advance services as well as online financial education raised $5m in Seed funding led by Monashees and ONEVC.
“We started Facio because I saw the problem firsthand, even at SumUp,” Tristão told Crunchbase News. “The low-salaried population is so large, and we saw the differences in the great resources in the U.S. and wanted to provide early access to salaries.”