{"id":87070,"title":"BlindPay - Stablecoin API for Global Payments","tagline":"Core Infrastructure for LatAm Payments","body":"### **TL;DR**\n\nBlindPay is a stablecoin API that helps companies navigate LatAm's complex financial regulations while enabling fast and affordable global payments. Watch our demo [here](https://www.youtube.com/watch?v=N9hHISlGp9Y).\n\n### **The Problem**\n\nBusinesses face significant hurdles when sending and receiving global payments:\n\n* Traditional methods rely on correspondent banks, adding fees (1.5-6% for B2B) and delays of 2-5 business days or more. Bank transfers typically require 2-4 intermediaries between smaller countries, with costs reaching hundreds of dollars. \n* Frequent fluctuations in Latin American currencies, coupled with extreme inflation rates (over 50% annually in some countries), make international payments unpredictable and risky. \n* Complex regulations and strict compliance rules across jurisdictions require different documentation for each institution. \n* Fragmented payment landscapes across countries require integration with multiple local payment systems (like SPEI, Pix, PSE), making implementation resource-intensive\n\n### **Our Solution**\n\nOur API integrates seamlessly with your existing workflows. With BlindPay you can:\n\n* Send and receive payments using fiat money and stablecoins\n* Get competitive FX quotes and low transaction fees\n* Connect directly to local instant payment systems across Latin America\n* 24/7 payments with instant settlement\n* Ensure compliance through blockchain screening, tiered KYC/KYB levels, and continuous transaction monitoring\n\nExpand your global reach while reducing costs and transaction times by up to 80%. Powered by stablecoins and blockchain, our platform eliminates the delays, high fees, and regulatory barriers of traditional payment systems.\n\n![uploaded image](/media/?type=post\u0026id=87070\u0026key=user_uploads/2098545/f81c874e-a8e7-4a92-ab1e-de8897529a63)\n\n### **Developer Experience**\n\nAdd fiat gateways to your apps with minimal code. Our SDKs support multiple languages and frameworks, backed by a developer-friendly REST API with public OpenAPI documentation.\n\n* Support for multiple blockchains and major stablecoins\n* Direct integration with local payment systems like SPEI (Mexico), Pix (Brazil), PSE (Colombia) and Transfers (Argentina)\n* Separate sandbox and production environments with unique API keys and webhooks\n* Real-time payment tracking and transaction monitoring\n\n### **Team**\n\n![uploaded image](/media/?type=post\u0026id=87070\u0026key=user_uploads/2098545/d3fdd3f4-c653-427c-8e06-159b1ac4809f)\n\n**Bernardo Simonassi (CEO)** has been shaping the stablecoin payments industry for the past 3 years, where he developed the first payroll platform powered by stablecoins. Previously at PicPay, he developed instant payment solutions serving 60M+ users.\n\n**Gabriel Lyra (CTO)** led software engineering at LendingClub, where he architected and implemented critical financial infrastructure handling $50B in monthly loan transactions. Previously at AWS, he optimized infrastructure scripts that reduced monthly costs from $15M to $1M.\n\n**João Borges (COO)** is a prominent leader and entrepreneur, best known for founding one of Brazil's largest blockchain startups. In its first year of operation, he successfully scaled the company to seven-digit revenue and raised millions of dollars from top-tier venture capitalists. João is also an active contributor to the Nouns DAO ecosystem and has been recognized on the Forbes 30 Under 30 list.\n\n**Gustavo Marinho (CPO)** is a former product leader at top-tier Brazilian fintechs, where he specialized in consumer-facing financial solutions for Latin America. Previously at PicPay, he built instant payment solutions and credit products, successfully growing a personal loan portfolio to over $100M within six months of launch. \n\n### **Our Ask**\n\nHey founders, are you building a product that needs global payment functionality? Email us at [founders@blindpay.com](mailto:founders@blindpay.com)\n\nBlindPay is the simplest way to integrate global payments into your product:\n\n* Neobanks \u0026 fintech\n* Payroll solutions\n* Remittance providers\n* Wallet infrastructure providers\n* Traditional FX industry\n* Stablecoin aggregators\n* Marketplaces \u0026 platforms\n* Gaming \u0026 crypto apps\n* Billing \u0026 invoicing software\n* Freelancer \u0026 gig economy tools","slug":"MeM-blindpay-stablecoin-api-for-global-payments","created_at":"2025-01-22T22:26:34.751Z","updated_at":"2026-05-25T00:33:33.836Z","total_vote_count":66,"url":"https://www.ycombinator.com/launches/MeM-blindpay-stablecoin-api-for-global-payments","share_image_url":"https://www.ycombinator.com/media/?type=post\u0026id=87070\u0026key=user_uploads/2098545/f81c874e-a8e7-4a92-ab1e-de8897529a63","company":{"id":30363,"name":"BlindPay","slug":"blindpay","url":"https://blindpay.com/","logo":"https://bookface-images.s3.amazonaws.com/small_logos/f1817a0c9b9ff2db524e7cb0712e6867cdfcb2f0.png","batch":"Winter 2025","industry":"Fintech","tags":["Developer Tools","Fintech","Crypto / Web3","Payments","API"],"search_path":"https://bookface.ycombinator.com/company/30363"}}