Fundraising Fox

Paperstack

New York, US · Founded 2021 · Delaware corporation · 2 known investors

Find your way into Paperstack

855 people in our graph share verified history with the Paperstack team — schools, employers, funds. One of them is your warm intro.

Wesley Barrowunlockedknows Vadim Lidich · together at Techstars (overlapped)
knows the team · via CIBC
×6knows the team · via Techstars
knows the team · via Seeking Alpha
×3knows the team · via Scotiabank

Paperstack provides revenue-based financing and financial tools to direct-to-consumer and retail e-commerce brands that need working capital. It functions as a financial operating system for the e-commerce industry, offering non-dilutive funding.

Founders & leadership

Paperstack was founded in 2021 by Vadim Lidich and Assel Beglinova.

VLVadim Lidich
Vadim Lidichin𝕏Co-founder & CTOVadim Lidich is Co-founder and CTO of Paperstack, a financial platform providing revenue-based financing and working capital solutions to e-commerce and retail brands. He leads credit operations, capital formation, and portfolio management for the company's structured credit vehicles.
ABAssel Beglinova
Assel Beglinovain𝕏Co-founder & CEOAssel Beglinova is Managing Partner and Head of Origination at Paperstack Capital, a revenue-based financing platform serving direct-to-consumer and e-commerce brands. She focuses on structured private credit vehicles and relationships with founders and capital partners in the CPG and retail sectors.

Investors · 2

Reported raises · per SEC filings

Form D private placements

$3.6M disclosed across 1 of 2 rounds · 2023–2025

$3.6MraisedDec 2025 · 58 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Vadim LidichExecutive Officer, Director
  • Assel BeglinovaExecutive Officer, Director
Amount sold
$3.6M
First sale
Aug 2025
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Paperstack went on to found or lead other companies.

Competitors · 10

by search overlap
Ramp13 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
Lendio13 shared keywordsLendio operates a marketplace connecting small businesses in the US with 75+ funding partners through a single loan application, and provides embeddable and integrated lending technology for banks, credit unions, and platform partners. Founded in 2011, it focuses on small business lending and financial tools for underserved SMBs.
Mercury12 shared keywordsMercury is an investor database listing venture capital investors and their sector focus areas.
8fig11 shared keywords8fig provides funding solutions and an AI-based CFO tool that offers financial guidance and cash flow management to small eCommerce businesses. The company focuses on helping online retailers manage supply chains and growth planning.
Wise11 shared keywordsWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
Prior Finance10 shared keywordsPrior Finance operates a digital financial services platform offering personal loans, student loans, home loans, deposit accounts, credit cards, and investment tools through an integrated mobile application, serving both individual members and enterprise partners seeking lending solutions and technology infrastructure.
Become10 shared keywordsBecome provides a technology platform that matches small and medium-sized businesses with tailored funding options using advanced algorithms. The platform serves businesses seeking loans and lenders looking to access previously underserved market segments.
Kick Further10 shared keywordsKickfurther provides inventory funding for businesses through a consignment model, purchasing a company's inventory and consigning it back so that it is not recorded as debt or a liability on the balance sheet. The offering serves businesses seeking to finance inventory purchases to support growth.
Brex10 shared keywordsBrex provides financial services and software for companies, including corporate cards and expense management tools. The platform serves startups, scaled companies, and e-commerce brands to manage finances and spending.
Nav10 shared keywordsNav provides transparent business and personal credit insights, cash flow data, and financial tools to help small business owners access trade credit, supplier terms, and funding opportunities.

Companies competing with Paperstack for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Paperstack do?
Paperstack provides revenue-based financing and financial tools to direct-to-consumer and retail e-commerce brands that need working capital. It functions as a financial operating system for the e-commerce industry, offering non-dilutive funding.
Who founded Paperstack?
Paperstack was founded by Vadim Lidich, Assel Beglinova in 2021.
Who are Paperstack's investors?
Paperstack's investors include Matchstick Ventures, Gaingels.
How much funding has Paperstack raised?
Paperstack has disclosed $3.6M raised across 1 of its 2 known rounds.
Where is Paperstack headquartered?
Paperstack is headquartered in New York, US.