Locations
São Paulo - State of São Paulo, Brazil · são paulo, state of são paulo, brazil
industry
Education · Finance · Information Technology · Lending and Investments · Software
Size
51-200 employees
Stage
Series A
founded in
2022
Principia is a fintech leader providing financial solutions for education. They guarantee 100% receipt of undergraduate tuition fees on time with zero defaults, managing the entire billing and collection process. This model offers additional working capital to educational institutions, reducing student drop-out rates and ensuring predictable cash flow. They also provide financing for postgraduate programs, allowing universities to receive payments upfront while students can finance their education over 36 months. For content creators and short-term courses, PrincipiaPay offers a comprehensive checkout system with advance payment of receivables and various payment options, including a 36x installment plan. With over 1 billion reais approved in education funding and 350,000 incremental students, they have increased online course sales by 35% and boast the highest approval rate in the market.
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