Pantore

Pantore operates as a fintech platform providing essential working capital to the restaurant sector in Brazil. Founded in 2020 by Yonathan Yuri Faber, Renan Pupin, and Gustavo Piedade, the São Paulo-based company addresses the critical cash flow challenges faced by restaurants, many of which lack access to traditional credit lines. Faber, a serial entrepreneur with three previous startups, conceived the idea for Pantore after recognizing the significant procurement challenges for restaurants in Brazil, a problem he noted was also prevalent in the U.S. market. He partnered with Renan Pupin, who had been his CTO in his prior ventures, to launch the company.

The company's core offering, Pantore Pay, provides a credit line that enables restaurants to purchase supplies and pay various bills. Initially, Pantore's model focused on group buying, creating a platform where multiple restaurants could pool their orders to negotiate better prices with large wholesalers, achieving average cost reductions of around 17%. This system also saved time for restaurateurs who typically managed numerous suppliers via WhatsApp. The business generates revenue by taking a commission on the sales facilitated through its platform.

Pantore has demonstrated significant early-stage traction, securing an angel investment round shortly after its inception with participation from notable figures like the former CEO of Walmart Brasil, Paulo Silva. A key milestone was its selection for the Y Combinator Winter 2022 batch, which included a US$500,000 seed investment. This participation underscores its position within the competitive startup ecosystem and provides a foundation for its ambitious growth plans. The company targets the more than one million restaurants across Brazil, employing a direct sales strategy with teams on the ground in São Paulo to present its solution to potential clients.

Keywords: restaurant financing, working capital, fintech Brazil, B2B lending, food service procurement, supply chain finance, restaurant credit, small business loans, Y Combinator, São Paulo startup, group purchasing, supplier payments, cash flow solutions, Yonathan Yuri Faber, Renan Pupin, food tech, SME financing, procure-to-pay, Pantore Pay, Brazilian restaurants