With an innovative approach focused on financial inclusion, Ezpag is transforming credit access for immigrants while achieving exponential growth. The company projects $30 million in revenue for 2025, showcasing the strength of a sustainable and strategic business model that addresses pent-up demand without compromising service quality.
MIAMI, FL / ACCESSWIRE / November 19, 2024 / Founded in 2023, Ezpag quickly proved its potential, closing its first year with $3 million in revenue. In 2024, the company significantly accelerated its trajectory, reaching a projected $13 million in revenue. With a solid growth plan for the coming year, Ezpag expects to more than double this figure, achieving $30 million in 2025 - all while focusing on its current business model.
Controlled growth strategy and pent-up demand
Since early 2024, Ezpag has been experiencing pent-up demand, deliberately limiting its sales volume to ensure sustainable and controlled growth. "We have a growing demand for our products, but we prefer to focus on maintaining operational efficiency and high-quality customer service. We are prioritizing solid growth to secure our market leadership position," explains Lucas Paiva, CEO and founder of the company.
This strategic approach aims to strengthen the company for the future without relying on new services to reach its financial targets. The existing demand is more than sufficient to sustain the projected growth.
A business model that transforms credit access for immigrants
Ezpag has found a strategic niche in the U.S. market by offering smartphone leasing to immigrants without requiring traditional documentation like a Social Security Number (SSN). Using a leasing model with payment plans of up to 60 weeks, the company serves an underserved community, allowing consumers to use only a passport to purchase smartphones.
"Our mission is to democratize access to technology for those who face barriers in the traditional credit market," says Lucas. The company continues to grow at a rate of 10% to 15% per month, with a loyal customer base and an efficient approach that does not require product diversification to reach the next level of revenue.
Technology and operational efficiency as growth drivers
With proprietary risk assessment technology and automated billing systems, Ezpag has built a base of 5000 active clients who pay an average of $200 per month. This reflects the efficiency and robustness of its current model.
In addition, personalized customer support via WhatsApp strengthens close relationships with clients, which is essential for maintaining loyalty. The company's focus remains on refining its operations to maximize value from its existing customer base without needing to expand into new services.
Poised for the next big leap
Ezpag's plan for 2025 is to continue scaling its proven business model without relying on product diversification to reach the $30 million revenue target. Growth will be driven by pent-up demand and the ability to efficiently scale operations.
With a solid internal structure and a strengthened leadership team, Ezpag is well-positioned to continue capitalizing on market opportunities. "We're just getting started. Our goal is to grow sustainably, and we are confident we will achieve our projections with our current model," concludes Lucas Paiva.
With an expanding market and growing demand, Ezpag positions itself as one of the highest-potential startups in the financial sector for immigrants in the U.S. The company remains focused on smart growth and exploring strategic opportunities that will further solidify its market leadership.
Contact Information
Email: contato@ezpag.com
SOURCE: Ezpag
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