Perpay

Perpay Inc. is a financial services company based in Philadelphia, founded in 2016. It specializes in buy now, pay later (BNPL) solutions and credit-building tools. With a revenue of $22.5 million and a team of 107 employees, Perpay provides accessible spending power through its e-commerce marketplace and credit card, focusing on income-based limits and automatic payroll deductions. The Perpay Marketplace allows customers to make purchases from partnered brands like Apple and PlayStation using installment payment plans. The Perpay Credit Card is linked to automatic payroll payments, facilitating everyday purchases while ensuring timely repayments. Additionally, the Perpay+ program helps users build credit by reporting payment history to major credit bureaus for a monthly fee, often resulting in a significant increase in credit scores. Perpay targets individuals seeking flexible payment options, particularly those with limited credit history. The company is BBB-accredited and serves customers nationwide, partnering with major retailers to enhance its marketplace offerings.