Blaze logo

BlazeGlobal Venmo for cross border payments

Blaze is Global Venmo for cross border payments. We combine the UX of Venmo with the speed, global reach, and low cost of USDC. If you're a Californian nomad living in Mexico City, you can use Blaze to pay rent to your Mexican landlord. And if you're an expat living in Colombia, you can use Blaze to pay your Spanish teacher for classes. In addition to P2P, we're also enabling a network of travel-related businesses to accept payments on Blaze and reach our customer base of global citizens. For example, a Travel Concierge business in Jamaica can accept payments on Blaze from her US customers coming to visit for the summer. During a 6 month stint traveling around Asia, Faiyam experienced first hand the frustrations of paying people from different countries. Luc was experiencing the same in his travels around Latin America. Fees were exorbitant, apps that worked for one person didn't work for the other, and the user experiences were cumbersome. Enter Blaze. Cross-border P2P payments is projected to be a $9T market by 2030. Our long term vision is that you should be able to drop in to any country on the planet and pay anyone you meet simply, quickly, and affordably. It's easy to send an sms to anyone anywhere in the world without thinking about where they're from. We want to do the same with payments. The advent of consumer friendly blockchain tech, especially stablecoins, presents a unique opportunity to do this. The legacy financial system stitches together otherwise siloed country-specific systems to handle cross-border payments. Blockchain has no such notion of a border in the first place. As such the present moment is a unique, generational opportunity to rewrite the rules of global finance. Faiyam studied Math at Duke and engineering at Cornell before building a $1M ARR company with Luc. Luc’s a former technical lead at Spotify and Artsy, who studied Engineering at NYU and has cofounded 2 VC-backed startups, one that hit 1 in app store and got him sued by Drake. Igor led design at Bitpanda, Austria’s first unicorn.

2024-08-30
Active
Early
S24
5
Fintech
MexicoLatin AmericaRemoteFully Remote
Blaze screenshot
More About Blaze

Blaze - Damn Good Payments

Pay Anyone Anywhere Instantly

Key Features

  • Global Reach: Launching in Latin America and the US, with plans to go global.
  • Instant Transfers: Send and receive funds to your account in seconds.
  • User-Friendly: Find friends by phone number, email, Instagram, or QR code.
  • Nearly Free Transfers: Enjoy minimal fees for transfers between any global currency.
  • Versatile Spending: Spend your balance anywhere Visa is accepted, or withdraw to your bank account.
  • Local Business Integration: Discover and pay local businesses that accept Blaze, starting with Mexico City.

Use Cases

  • Splitting Bills: Easily split the bill with friends, even if they don't have a Blaze account.
  • Traveling: Send and receive money while traveling, without worrying about currency fluctuations.
  • Family Support: Support your family abroad with quick and easy transfers.
  • Shopping: Seamlessly shop with your Blaze balance using Visa, Apple Pay, or Google Pay.
  • Local Discoveries: Find and support local businesses that offer discounts to Blaze users.

Pricing

Blaze offers nearly free transfers between any global currency, ensuring you save on fees while sending money across borders. Detailed pricing plans will be available upon full global launch.

Teams

Blaze is backed by early investors in leading tech companies, ensuring a robust and innovative platform. Our team is dedicated to providing a seamless payment experience for modern nomads, with a focus on speed, ease of use, and global accessibility.