Paysail’s core product routes B2B invoice payments over stablecoins (currently Celo’s CUSD) to reduce cross-border settlement time to under five seconds and cut intermediary fees. The company positions its offering as significantly cheaper than legacy systems by eliminating third-party intermediaries and relying on blockchain gas fees. Paysail is experimenting with a transaction fee around 0.9% as a revenue model and plans tiered pricing by volume. Today it serves a small cohort of mainly crypto-native customers while it fine-tunes the product before expanding to non‑crypto businesses. Founders Nicole Alonso and Liam Brennan-Burke are the only full-time employees and plan to use funding to hire engineering, legal and eventual sales staff. Product road map includes support for additional fiat‑pegged stablecoins, building noncustodial wallet onboarding (now via a third party) in‑house, and wallet features like yield on stablecoin holdings.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2022