Today: Jun 14, 2024

Bloc introduces revolutionary banking platform for African business prosperity

6 months ago

African startup Bloc has launched its flagship business banking platform, providing a comprehensive suite of financial services to businesses across the continent. This marks a significant milestone for Bloc and solidifies its commitment to empowering African enterprises.

Key points to note:

  • Bloc’s Business Banking services include corporate accounts, transfers, virtual cards, USD accounts, global payment acceptance, bill payment, custom checkout, and payment links.
  • Bloc integrates seamlessly with existing business workflows and platforms, expanding its reach from being a leading Banking-as-a-Service (BaaS) provider to a full-fledged business banking solution.
  • Opening a Bloc Business Account is easy and straightforward, with account verification ensuring secure onboarding and access to a broad spectrum of financial services.
  • Bloc envisions itself as the “Mercury Bank + Unit for African businesses,” a one-stop solution for reliable business banking and the creation of custom applications with embedded financial services.
  • Bloc Business Banking is ready and accessible to all tech-oriented businesses in Africa.

The launch of Bloc’s business banking platform underlines the startup’s commitment to empowering tech-savvy businesses of all sizes across Africa. By combining essential banking services with its innovative BaaS platform, Bloc ‘unlocks infinite possibilities’ for these businesses, from local market penetration to global expansion.

The founder and CEO of Bloc, Edmund Olotu, stated that Bloc is an API-centric company that has extensively collaborated with startups and non-tech businesses to address their specific needs. The startup enables tech startups and non-tech organizations to thrive, from initial launch to global expansion.

Bloc, according to Jerry Enebeli, Chief Product Officer at Bloc, is ‘just getting started.’ The team is eager to gather feedback from customers to continuously improve the product and enhance their experience. Those interested in experiencing the future of business banking can sign up at Bloc’s website.

In summary, Bloc’s flagship business banking platform caters to the financial needs of businesses around the continent, offering seamless solutions. This move reinforces Bloc’s commitment to not only empower African enterprises but to also unlock their potential in the global market.