Fintech for the Real World

Greylock
Greylock Perspectives
3 min readFeb 25, 2021

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Wisetack is fintech for the real world.

Consumers now expect the option to buy now and pay later for countless products they purchase on ecommerce platforms. But paying for in-person services like home and auto repair has remained stuck in the past of credit cards and high-interest loans. Until Wisetack came along. The company developed a suite of APIs for software used by in-person service businesses, allowing them to offer consumer-friendly financings options. To hear more about how Wisetack identified the need & built tech for buy-now-pay-later for IRL services, listen to the latest #Greymatter pod with co-founders Bobby Tzekin and Liz O’Donnell, hosted by Greylock partner Josh McFarland. (Greymatter)

Commerce Logistics: The Physical Side of Online Shopping

The perceived simplicity of e-commerce transactions stands in contrast to the complexity of how physical products reach consumers. From point of sale purchasing and package tracking to fulfillment and returns, the underlying logistics of running an online business are complex. As e-commerce continues its ascent, a growing number of startups have developed technology to enable merchants to do their #1 job of focusing on end consumers and their growing expectations, while mitigating the complexity around the “physical” side of online commerce. Today’s episode is for those interested in evolution in the underlying logistics layer of commerce. Greylock general partner Mike Duboe talks with two experienced operators in the logistics side of the sector: Casey Armstrong, who is the Chief Marketing Officer at e-commerce fulfillment services provider ShipBob, and Aaron Schwartz, the co-founder of cross-border shipping services provider Passport Shipping. (Greymatter)

Wisetack raises $19M as its buy-now-pay-later service for IRL services scales.

Wisetack, a startup that provides buy-now-pay-later services to in-person business transactions, announced that is has closed a total of $19 million across two rounds, a seed investment and a Series A. Greylock led both rounds, with the seed round clocking in at $4 million and the Series A at $15 million. Bain Capital Ventures also took part in the company’s fundraising. (TechCrunch)

Greylock-backed companies are looking for amazing talent.

Check out our jobs page for all the available roles. Our core talent team is always looking to connect with engineers, product managers, and designers who are thinking about exploring early stage start-up as a next move in their career. Reach out: CoreTalent@greylock.com

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