Key Data

• Trading Name: BlindPay
• Legal Entity: BlindPay, Inc.
• Activities: Stablecoin API for Global Payments
• Location: USA
• Regulations: registered by the FinCEN
• Key People: Bernardo Simonassi/Gustavo Marinho/João Borges/Gabriel Lyra

BlindPay is a stablecoin API that helps companies navigate LatAm’s complex financial regulations while enabling fast and affordable global payments.

Offering

BlindPay is a financial technology company that offers a stablecoin API designed to facilitate instant global payments. By integrating with BlindPay’s API, businesses can send and receive funds worldwide using both fiat currencies and stablecoins across multiple blockchain networks. The platform manages complex compliance and regulatory requirements, allowing companies to focus on their core operations.

Key Features:

• Stablecoin Integration: BlindPay provides APIs that enable incorporation of stablecoins into existing payment flows.
• Instant Onramp and Offramp: The platform allows connection to any blockchain wallet, offering real-time quotes and low fees for a seamless user experience.
• Compliance Management: BlindPay handles all regulatory, compliance, and technical challenges, enabling businesses to concentrate on their primary activities.
• Global Payment Solutions: The API supports various use cases, including global payroll, enterprise payouts, merchant settlements, business invoicing, and remittances, enabling secure international payments in under 60 seconds and reducing traditional transaction times by 80%.

Regulation

BlindPay, Inc. is a financial technology company and is a registered Money Services Business with the US Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

Serving Industries

BlindPay serves businesses, FinTech platforms, remittance providers, developers, and emerging markets needing fast, low-cost global payments.

Key People

BlindPay’s key people are:

• Bernardo Simonassi (CEO): Formerly developed a stablecoin payroll platform and led payment solutions at PicPay.
• Gabriel Lyra (CTO): Ex-LendingClub engineer, optimized AWS costs significantly.
• João Borges (COO): Founder of a major Brazilian blockchain startup and Forbes 30 Under 30.
• Gustavo Marinho (CPO): Expert in financial product design and co-founder of a scaled social gaming platform.

Investors and Partners

• BlindPay is backed by Y Combinator, having participated in the W25 batch.
• In terms of partnerships, BlindPay has collaborated with Lumx to enhance wallet infrastructure and global payment solutions.
• Additionally, BlindPay is listed in Circle’s Alliance Directory, indicating a partnership with Circle.

Customer Reviesws

BlindPay has been active since 2025, which is a positive indicator of the company’s stability. However, there are currently no customer reviews or testimonials available, which could be a concern as it leaves a gap in understanding the user experience and customer satisfaction.

SWOT Analysis 

Strengths: Backed by Y Combinator; robust API; handles compliance.
Weaknesses: No customer reviews; limited global visibility.
Opportunities: Rising demand for stablecoin solutions; potential partnerships.
Threats: Intense competition; regulatory risks.

Conclusion and Rating

BlindPay presents a solid foundation with its focus on compliance, regulatory handling, and innovative payment solutions using stablecoins. The backing from Y Combinator and the experienced founding team further strengthen its credibility. Despite the lack of customer reviews, which limits insights into real-world adoption, the company’s compliance structure and technical offerings are strong indicators of reliability.

Rating:

• Compliance: Green
• Customer Perspective: Green