Bloc debuts suave business banking platform for African fintech ventures

Key Points

  • African fintech startup Bloc announces the launch of its comprehensive business banking solution.
  • The platform provides essential banking services and advanced features, with seamless integration into existing business workflows.
  • The launch marks a significant milestone in Bloc’s commitment to empower African enterprises and unlock their potential in the global market.

Bloc, a rising fintech startup based in Africa, announced recently the launch of its innovative business banking platform. Committed to empowering African businesses, Bloc’s new solution has been crafted with tech-oriented businesses’ needs in mind. With its launch, Bloc has reaffirmed its commitment to solidify the potential of African enterprises in the global market.

Bloc Business Banking offers companies a comprehensive suite of financial services. These include essential banking services like corporate accounts, transfers, virtual cards, and more; advanced features such as USD accounts, global payment acceptance, bill payment, custom checkout, and payment links; all of which are seamlessly integrated with existing workflows and platforms.

This launch marks Bloc’s expansion as a leading Banking-as-a-Service (BaaS) provider. Over the past two years, they have empowered hundreds of startups with financial services. With Bloc Business Banking, they now extend their reach to businesses of all sizes, assisting them in their growth and expansion journeys.

Edmund Olotu, CEO and Founder of Bloc, expressed the company’s drive to provide financial solutions to businesses. “By combining essential banking services with our innovative BaaS platform, Bloc empowers businesses to unlock infinite possibilities, from local market penetration to global expansion.”

Bloc envisions becoming the primary solution for reliable business banking and the creation of custom applications with embedded financial services for African businesses. The fintech startup caters to both tech startups and non-tech organizations by providing resources necessary for success, from launch to global expansion.

Bloc’s Chief Product Officer, Jerry Enebeli, affirmed their eagerness to improve their product continually based on customer feedback. Bloc Business Banking is now live and accessible to all tech-oriented businesses in Africa.

Bloc is primarily a fintech company, offering global banking services and API infrastructure to African startups and non-tech organizations aiming to enhance their revenue and partake in the global market.