Drip

Brazilfintech

Drip is a Brazilian fintech that provides installment payment solutions via PIX, Brazil's instant payment system. The company enables consumers to split payments made through PIX into installments, addressing the need for more flexible payment options in the Brazilian market. Drip serves merchants and consumers in Brazil, offering a way to use PIX for larger purchases that would otherwise require credit cards or other financing. The company raised an $8 million investment from SRM Asset, the venture capital arm of SRM Ventures, indicating investor confidence in its business model.