Trampay, a fintech for gig workers, secured a $250K pre-seed round from Potencia Ventures. The fintech was also part of the Potencia UP fellowship program.
Trampay will use the funds to grow its user base, invest in technology, and introduce physical payment methods, such as credit and debit cards.
āSince joining Potencia UP, we have grown 7x. With the investment our goal is to reach 50,ā000 gig workersā said Jorge Junior, CEO of Trampay.
Trampay offers personal financial services, low-interest micro-loans, and employment benefits to gig workers in Brazil, helping them earn a sustainable income.
“As part of the lower-income class in Brazil, app delivery drivers often do not qualify for credit lines. With Trampay, the driver can receive payment for deliveries made on the same day, allowing expenses for food, fuel, and maintenance to be covered as needed,” explained Itali Collini, Principal at Potencia Ventures.
The platform has 20,000 registered users and has processed 850,000 transactions from delivery drivers since its founding in 2020.
Source Startupi
