Drip
Drip is a fintech company based in São Paulo, Brazil, specializing in payments, combining the features of Pix and credit cards to offer credit payments, installment plans, and 2% cashback.
Company Overview
Drip is a fintech company headquartered in São Paulo, SP, Brazil, with additional remote operations. Established as part of the Y Combinator S22 batch, Drip operates primarily within the payments subindustry of fintech. The company launched in June 2022, offering innovative payment solutions designed to combine the best features of Pix and traditional credit cards. With a team of 15, Drip serves customers across Brazil, Latin America, and beyond through fully remote services.
Services
Drip allows customers to pay with credit and earn over 2% cashback, using the speed and widespread acceptance of Pix. The platform supports shopping nearly anywhere and managing payments through its app, compatible with iOS and Android devices. Drip's services also enable transactions via Pix's network, covering over 85% of e-commerce. Additionally, customers can make payments in three installments with zero interest, enhancing flexibility during checkout. These features are aimed at elevating the payment experience for both consumers and e-commerce businesses.
E-commerce Solutions
Drip provides e-commerce businesses with a quick and easy setup to integrate its services, aiming to boost sales and expand the customer base. By offering flexible payment options, Drip helps e-commerce platforms achieve higher conversion rates at checkout, an increased average ticket size, and improved cash flow through flexible payout options. These benefits make Drip an attractive partner for businesses looking to optimize their payment processes and enhance customer satisfaction.
Regional Operations
Drip serves a diverse regional market that includes Brazil and other parts of Latin America. The company offers fully remote services, ensuring accessibility and convenience for customers across different locations. By leveraging the extensive network of Pix, Drip facilitates seamless transactions for a broad range of customers, further expanding its reach and impact within the fintech and payments industry.