Wisetack, a San Francisco, CA-based technology company offering buy now, pay later tools to in-person services like home and auto repair, raised $19M in funding.
Backers included Greylock, Bain Capital Ventures and others.
The company intends to use the funds to continue to expand operations and its business reach.
Founded by Bobby Tzekin (CEO), Kolya Klymenko (CTO) and Liz O’Donnell (COO), Wisetack provides a suite of APIs to embed financing options into software platforms that thousands of businesses already use in their day-to-day operations. With Wisetack, in-person businesses can offer financing to consumers in minutes, while consumers can pay over time for purchases without unexpected fees.
The company is currently focused on the home and auto repair spaces, working with software platforms like Housecall Pro, InvoiceASAP, Quik, and Mobile Tech RX. Through these integrations, thousands of businesses can offer consumers financing for home and car repair. Businesses like Prime Electrical, Beehive Plumbing and On Time Heating & Cooling have enabled buy now, pay later options through Wisetack.