EzPag, a Miami, FL-based provider of lease-to-own financing for the latest cell phones, raised $10M in Debt funding.
The backers were not disclosed.
The company intends to use the funds to fund its growth and acquire inventory to lease to their customers.
Founded in January 2023 by Matheus Freire and Lucas Paiva, EzPag provides lease-to-own financing for the latest cell phones, offering a wide range of flexible payment options and price points to meet every need. The company was born with the mission of facilitating access to iPhones and other electronic devices to immigrants in the USA. It began testing its services in January and made their first sale in April of 2023.