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

Advisors

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