Blispay is a technology company.
Blispay has raised $26.0M across 3 funding rounds.
Key people at Blispay.
Blispay has raised $26.0M in total across 3 funding rounds.
Key people at Blispay.
Blispay is a financial technology company that builds a point-of-sale financing product designed primarily for small- and medium-sized merchants and their customers. It enables merchants to offer instant, flexible financing to consumers via smartphone, with automated underwriting that allows customers to access six months of interest-free credit if paid in full within that period. The product also offers 2% cashback and can be used anywhere Visa is accepted, empowering consumers with portable financing beyond individual stores. Blispay addresses the problem of limited financing options for smaller retailers who lack access to traditional bank credit products, while providing consumers a convenient, flexible way to finance purchases. The company has shown growth momentum since its founding in 2014, going public in 2016 and expanding its merchant network nationwide[1][2].
Blispay was founded in 2014 by Greg Lisiewski, a fintech veteran who previously served as vice president of marketing and products for Bill Me Later before its acquisition by PayPal. Lisiewski leveraged his experience in credit products to create a solution that simultaneously supports small mom-and-pop retailers and empowers consumers with flexible financing options. The idea emerged from recognizing the financing gap faced by smaller merchants and the need for a more consumer-friendly credit product. Early traction included pilot launches in about 30 stores and thousands of transactions processed across the U.S., leading to public listing in 2016 and ongoing expansion efforts[1].
Blispay rides the growing trend of embedded and point-of-sale financing solutions that enhance consumer purchasing power while supporting smaller retailers. The timing is favorable due to increasing consumer demand for flexible credit options and the rise of mobile payments. Market forces such as the shift away from traditional credit cards and the need for more inclusive financing for small businesses work in Blispay’s favor. By enabling instant financing without heavy integration costs, Blispay influences the broader fintech ecosystem by democratizing access to credit and supporting retail innovation, particularly for underserved merchants[1][2][4].
Blispay’s next phase likely involves expanding its merchant network and scaling its consumer base, leveraging its unique product features and fintech expertise. Trends shaping its journey include continued growth in mobile and embedded finance, increasing consumer preference for flexible credit, and the ongoing digital transformation of retail. As Blispay deepens its footprint, it may evolve into a key player in democratizing point-of-sale financing, potentially influencing how small and medium retailers compete with larger chains by offering comparable credit options. Its ability to maintain innovation and merchant-friendly terms will be critical to sustaining momentum[1][2].
Blispay has raised $26.0M in total across 3 funding rounds.
Blispay's investors include Balderton Capital, FirstMark Capital, Foundry Group, LocalGlobe, 2048 Ventures, Acequia Capital, Curious Capital, Factorial, Founder Collective, General Catalyst, Kamran Ansari, Social Starts.
Blispay has raised $26.0M across 3 funding rounds. Most recently, it raised $12.0M Series A in May 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2017 | $12.0M Series A | Balderton Capital, FirstMark Capital, Foundry Group, LocalGlobe | |
| Mar 1, 2016 | $13.0M Seed | 2048 Ventures, Acequia Capital, Balderton Capital, Curious Capital, Factorial, FirstMark Capital, Founder Collective, Foundry Group, General Catalyst, Kamran Ansari, LocalGlobe, Social Starts, Y Combinator, Amadeo Brenninkmeijer, Bo Peabody, Sam Altman, Varsha Rao | |
| Dec 1, 2014 | $1.0M Seed | 2048 Ventures, Acequia Capital, Curious Capital, Factorial, Founder Collective, General Catalyst, Kamran Ansari, Social Starts, Y Combinator, Amadeo Brenninkmeijer, Bo Peabody, Sam Altman, Varsha Rao |
