San Francisco, C.A. – January 13, 2025 – Wisetack, the leading platform for embedded pay-over-time options for in-person services, today announced the addition of U.S. Bank as a new lending partner to provide affordable and transparent financing for home services.
Through this integrated partnership, qualified borrowers may be offered U.S. Bank financing for home services and improvement projects via Wisetack’s network of tens of thousands of merchants. With Wisetack, consumers can choose from a variety of monthly payment options powered by one of Wisetack's lending partners. They can finalize the transaction in under a minute on their own mobile device, while the merchant is paid the next business day.
“We’re thrilled that this partnership allows our merchants and consumers to benefit from more borrower-friendly options to pay-over-time for large projects or unexpected expenses around their home, backed by the strength and customer focus that comes with the U.S. Bank brand,” said Bobby Tzekin, founder and CEO of Wisetack. “We’re proud of this milestone to expand the positive impact we’re having on both consumers and the businesses that serve them.”
“We look forward to helping more consumers access the financing they need for home services in partnership with Wisetack,” said Mike Shepard, head of consumer lending partnerships at U.S. Bank. “This is another way U.S. Bank is meeting clients where they are with simple and easy to use everyday banking solutions."
The latest partnership with U.S. Bank is part of Wisetack's innovative embedded origination program, which has reshaped the bank-fintech relationship model by enabling banks to serve both borrowers and merchants at the point of sale.
This announcement follows other milestones for Wisetack, which has rapidly grown to be the leading fintech option for financing in home services. In 2024, Wisetack announced a Series C fundraise led by Quadrille Capital. Wisetack was recently listed in the #21 spot on Inc. 5000’s fastest growing private companies in the U.S. report and in the #15 spot on Deloitte’s Technology Fast 500 program.
About Wisetack
Wisetack is the leading embedded platform for financing home services like plumbing and electrical, and has a growing presence in dental and elective medical care, as well as car repair. Wisetack partners with software companies to embed consumer financing options into their customer-facing applications through simple APIs. Wisetack merchants, many of whom are small businesses, rely on Wisetack to offer their customers affordable pay-over-time options at point of sale. Founded in 2018 in San Francisco by an experienced team of leaders in the financial technology industry, Wisetack is backed by investors Greylock, Quadrille Capital, Insight Partners, and Bain Capital Ventures. Payment options through Wisetack are provided by its lending partners and subject to credit approval. Terms may vary.
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Media Contact
Iris Pfeifer, Head of Growth, Wisetack
press@wisetack.com