Palgo
Palgo empowers retail merchants, in emerging markets, to offer short term installment-payment-plans to their consumers at the point of sale.
- Stage Full Product Ready
- Industry Fintech
- Location Miami, FL, USA
- Currency USD
- Founded April 2017
- Employees 6
- Incorporation Type C-corp
- Website palgo.co
Company Summary
Palgo is a mobile platform that allows retailers in emerging markets (currently Mexico, Peru, Kenya) to offer short, pay-over-time options to their consumers at the point of sale.
Business Model:
• Consumer Credit at point of sale, repayable over 4 to 8 weeks
• Consumer fee is 15% of retail price
• Merchant fee 10% of retail price
Team
-
COO/CFO -
MD Mexico -
Carlos OrdinolaMD Peru -
Kola SonolaMD Kenya
Advisors
-
Jeff StewartUnconfirmed
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