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Monongahela Consultoria Empresarial Ltda. runs Xerpay, a benefit that lets Brazilian employees access earned wages on demand.
Founded in 2015 and based in Sao Paulo, Brazil, Monongahela Consultoria Empresarial Ltda. operates Xerpay, a financial benefit that lets employees access earned wages on demand through a mobile app. Businesses pay a subscription or service fee tailored to organization size and headcount. In September 2019 it raised BRL 53 million in Series B funding led by Vostok Emerging Finance, with participation from Founders Fund, Kaszek Ventures, QED Investors and Redpoint eVentures.
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