Performances
Comparison
Details
This content is generated by RD AI and is for reference only
BlindPay is an API-first global payment infrastructure that orchestrates stablecoins, local payment rails, virtual accounts, and compliance modules to enable seamless movement of funds across fiat currencies, stablecoins, and multiple blockchain networks. It allows businesses to send and receive payments, swap between fiat and stablecoins, connect to local instant payment systems such as ACH, PIX, and SPEI, and provides real-time FX quotes, transaction tracking, KYC/KYB verification, and risk monitoring. Developers can integrate via REST API or SDKs to create receivers, manage bank accounts, generate quotes, initiate payouts, and receive real-time notifications through webhooks. Its mechanism uses stablecoins as an intermediary layer combined with local rails for settlement, reducing costs and latency.
Fundraising
Follow Updates
Follow Lists
People
About BlindPay
BlindPay is a stablecoin payment API that connects Latin American local payment systems (such as Pix in Brazil, SPEI in Mexico, and PSE in Colombia) with stablecoin settlement on blockchains. Its core business is to help businesses send and receive cross-border payments without holding crypto assets themselves: the sender's stablecoins are collected from their own wallet, converted at a quoted rate, and delivered in local currency through local rails; conversely, local currency deposits are converted into stablecoins and sent to a designated wallet.
The company's main selling points are its non-custodial model (funds remain under user control until the final step), a unified REST API with SDKs in multiple languages, and an AI-powered compliance layer that automates KYC/KYB screening and document verification. It targets pain points such as high fees (1.5-6%) and long settlement times (2-5 business days) of traditional correspondent banking, as well as the complexity of integrating with multiple local payment systems.
In the six months from March to September 2026, BlindPay expanded its services to include SEPA euro payouts across dozens of countries, added multi-chain stablecoin support, and launched an AI document analysis endpoint that pre-screens KYC files. The company reported surpassing $100 million in processed transactions. However, in August 2026, JPMorgan Chase froze accounts linked to BlindPay (held through digital payments firm Checkbook) due to a spike in disputed transactions. BlindPay subsequently strengthened its anti-money laundering measures but eventually closed all virtual accounts and related crypto wallets after a due diligence review, citing stricter KYC requirements for customers in high-risk countries.
BlindPay's co-founders and core executives:
Bernardo Simonassi Moura (Co-founder & CEO) – Previously at PicPay, built instant payment solutions for 60M+ users; developed stablecoin-based payroll platform.
João Borges (Co-founder) – Founder of one of Brazil's largest blockchain startups; raised $4M+ seed; Forbes 30 Under 30; active in Nouns DAO.
Gustavo Marinho (Co-founder & CPO) – Former product leader at PicPay; led lending marketplace design, growing personal loan portfolio to $100M+ in 6 months; co-founded Dropull.
BlindPay (YC W25), a stablecoin payment API startup, has seen a significant team change: Co-founder & CTO Gabriel Miranda Lyra departed in May 2026, after co-founding the company in May 2024. During his tenure, he led engineering from zero crypto knowledge to processing $2.5B in annualized TPV with a lean team. His departure marks a major leadership transition as the company continues scaling its global payment infrastructure.