Blaze

About Blaze

Blaze offers a digital payment platform for fast, low-cost international money transfers. It uses a stablecoin infrastructure to enable near-instantaneous transactions across 34 countries, supporting local currency payments and simplifying payment collection for freelancers and vendors.

<problem> Traditional cross-border payment systems are often slow, costly, and lack transparency, creating friction for individuals and businesses needing to send and receive funds internationally. This inefficiency hinders seamless global commerce and personal remittances, particularly for those operating in or interacting with multiple currency markets. </problem> <solution> Blaze provides a digital payment platform designed for rapid, low-cost international money transfers. Leveraging a stablecoin-based infrastructure, the platform facilitates near-instantaneous transactions across 34 countries, enabling users to send funds using their preferred local currencies. Blaze also offers a social layer, providing real-time transaction updates and community insights within the app. For freelancers and vendors, the platform simplifies payment collection through shareable, customizable payment links, eliminating the need to exchange sensitive bank account information. </solution> <features> - Global remittance capabilities supporting transfers to 34 countries. - Real-time transaction notifications and a social feed for network activity. - Local currency payment options for enhanced user convenience. - Payment link generation for simplified invoice and payment collection. - Underlying digital US dollar asset for transaction stability and reduced currency fluctuation risk. - Peer-to-peer transaction functionality with integrated social discovery features. </features> <target_audience> The primary users are individuals and small businesses engaged in international remittances, freelance work, or cross-border commerce who require efficient and cost-effective payment solutions. </target_audience> <revenue_model> Revenue is generated through a small transaction fee on each transfer, with specific percentages varying based on currency pairs and transaction volume. </revenue_model>

What does Blaze do?

Blaze offers a digital payment platform for fast, low-cost international money transfers. It uses a stablecoin infrastructure to enable near-instantaneous transactions across 34 countries, supporting local currency payments and simplifying payment collection for freelancers and vendors.

Where is Blaze located?

Blaze is based in United States.

When was Blaze founded?

Blaze was founded in 2023.

How much funding has Blaze raised?

Blaze has raised 500000.

Location
United States
Founded
2023
Funding
500000
Employees
7 employees
Major Investors
Y Combinator

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Blaze

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Executive Summary

Blaze offers a digital payment platform for fast, low-cost international money transfers. It uses a stablecoin infrastructure to enable near-instantaneous transactions across 34 countries, supporting local currency payments and simplifying payment collection for freelancers and vendors.

blaze.money1K+
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Crunchbase
Founded 2023United States

Funding

$

Estimated Funding

$500K+

Major Investors

Y Combinator

Team (5+)

No team information available.

Company Description

Problem

Traditional cross-border payment systems are often slow, costly, and lack transparency, creating friction for individuals and businesses needing to send and receive funds internationally. This inefficiency hinders seamless global commerce and personal remittances, particularly for those operating in or interacting with multiple currency markets.

Solution

Blaze provides a digital payment platform designed for rapid, low-cost international money transfers. Leveraging a stablecoin-based infrastructure, the platform facilitates near-instantaneous transactions across 34 countries, enabling users to send funds using their preferred local currencies. Blaze also offers a social layer, providing real-time transaction updates and community insights within the app. For freelancers and vendors, the platform simplifies payment collection through shareable, customizable payment links, eliminating the need to exchange sensitive bank account information.

Features

Global remittance capabilities supporting transfers to 34 countries.

Real-time transaction notifications and a social feed for network activity.

Local currency payment options for enhanced user convenience.

Payment link generation for simplified invoice and payment collection.

Underlying digital US dollar asset for transaction stability and reduced currency fluctuation risk.

Peer-to-peer transaction functionality with integrated social discovery features.

Target Audience

The primary users are individuals and small businesses engaged in international remittances, freelance work, or cross-border commerce who require efficient and cost-effective payment solutions.

Revenue Model

Revenue is generated through a small transaction fee on each transfer, with specific percentages varying based on currency pairs and transaction volume.

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