# Wisetack

> Wisetack embeds consumer installment financing into the software service businesses use for estimates and invoices. Contractors offer monthly payments, customers apply on their own phones, and lending partners provide the loans. Its U.S. network includes more than 40,000 contractors, according to an April 2026 LendingClub announcement.

- **Founded:** 2018
- **Headquarters:** San Francisco, United States
- **Founders:** Bobby Tzekin (CEO and Co-Founder), Kolya Klymenko (CTO and Co-Founder), Liz O’Donnell (Co-Founder; formerly COO)
- **Products:** Embedded consumer financing, Merchant portal and prequalification links, Extended 0% APR plans, Progress Payments and change orders, Merchant sales and marketing resources
- **Notable:** Launched end-to-end automated loan processing in late 2019 with fewer than ten employees., Raised a $45 million Series B led by Insight Partners in 2021., Reported integrations with more than 30 software platforms on its current home-services page.

## Products & services

- **Embedded consumer financing** — APIs put installment financing into service-business estimates and invoices. Current home-services offers cover $500-$65,000, with terms of 3-120 months and APRs of 0%-35.9%, subject to credit approval and merchant/lender participation.
- **Merchant portal and prequalification links** — Businesses can send financing applications, introduce soft-credit-check prequalification, and track financing activity.
- **Extended 0% APR plans** — Optional merchant plans support qualifying 6-, 12-, and 24-month interest-free offers at higher merchant fees when selected.
- **Progress Payments and change orders** — Tools support eligible staged job payments and changes to project amounts. Availability and approval conditions apply.
- **Merchant sales and marketing resources** — Marketing toolkit, payment calculator, sales hub, training, and support help service businesses present financing to customers.

## Achievements

- Launched end-to-end automated loan processing in late 2019 with fewer than ten employees.
- Raised a $45 million Series B led by Insight Partners in 2021.
- Reported integrations with more than 30 software platforms on its current home-services page.
- Reached a network of over 40,000 contractors according to LendingClub in April 2026.
- Expanded eligible home-services financing to $65,000 in June 2026.

## Latest updates

- **2026-06** — Raised maximum financing from $25,000 to $65,000 for qualified customers and introduced 7- and 10-year terms starting at 9.9% APR for eligible borrowers.
- **2026-05** — Hatch Bank announced an extension and strengthening of its lending partnership with increased capital commitments.
- **2026-04** — LendingClub began underwriting and originating home-improvement loans through Wisetack.
- **2025-09** — Announced a forward-flow loan purchase agreement with Group 1001.

## Links

- Website: https://www.wisetack.com/
- LinkedIn: https://www.linkedin.com/company/wisetack/
- Twitter/X: https://twitter.com/wisetackinc
- Instagram: https://www.instagram.com/wisetackinc/
- Facebook: https://www.facebook.com/wisetackinc/

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Profile page: https://yespress.io/wisetack
Published by YesPress — https://yespress.io
Last updated: 2026-10-25