• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    Maryland
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Provide financing Blispay allows users to provide a base financing offering for no additional costs above and beyond the standard credit card fees users already have factored into their budget.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Customers and Small Businesses
EXISTING PARTNERSHIPS:
Partnership with First Electronic Bank and qualified lenders
COMMENT
Blispay gives it users with 6 months or even more to pay back without any interest, automatic cash back with no hidden fees, usability at everyplace where major credit cards are accepted and most importantly making this whole process extremely mobile friendly.

PEOPLE

FOUNDERS:
Michael Lyden, Tonya Flickinger, Brian Whalen, Greg Lisiewski
Board Members and Advisors:
Vince Talbert, Dave Fetterman
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Accomplice, Camden Partners, FirstMark Capital, Founder Collective, F-Prime Capital Partners, Marc Bell Ventures, New Enterprise Associates, TriplePoint Capital, Wayne Chang

TRACTION

VALUATION / MARKET CAP:
$80 MM in 2017

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$12.75 Millions
DATE OF LAST FUNDING:
May 2017
TOTAL FUNDING COMMENT:
The company is planning to use the funds to continue to grow its merchant network and increase consumer adoption.
SEED & PRIOR FUNDING:
$12.75 Millions
SEED CLOSED ON:
Mar 2016
LISTED:
NO
COMMENT:
Venture fund: $13.25 M(May 2017)

LATEST RESEARCH