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Blispay Banks Early-Stage Venture Investment

Wednesday, April 6, 2016 5:17:00 AM PDT | VentureDeal



Forest Hill, Maryland  --  Financial services technology company Blispay has received $12.75 million in early-stage investment from a syndicate of venture capital firms.

Blispay says that its smartphone application "simplifies financing for shoppers and merchants."

The company says that shoppers can add the app to their phone and "enjoy never having to open another store card again."

FirstMark Capital led the round, which included Accomplice, New Enterprise Associates and TriplePoint Capital.

The company did not say how the funding proceeds would be used.

CEO Greg Lisiewski co-founded the firm in June 2014.

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