Bloc MFB unveils cutting-edge business banking solutions for tech-savvy African enterprises

Bloc MFB, a fintech startup, introduces its flagship business banking product, revolutionizing access to a spectrum of financial services for tech-oriented businesses. This launch signifies a pivotal moment in the company’s commitment to empowering businesses to harness opportunities in the global market.

Bloc’s customers can now leverage fundamental banking services like corporate bank accounts, transfers, and virtual cards, all powered by licensed banks such as Bloc Microfinance Bank, Providus Bank, and Sterling Bank. In addition to essentials, Bloc Business Banking offers advanced features and value-added services to enhance the overall banking experience. Features include USD accounts, global payment acceptance, bill payment, custom checkout, and payment links, with more innovations slated for rollout in the coming months.

Over the past two years, Bloc MFB has been a driving force for hundreds of startups, facilitating the integration of financial services into their products through its Banking-as-a-Service infrastructure. Now, Bloc is set to provide a comprehensive business banking solution, aiding these businesses in effectively managing their revenue and finances as they scale with the Bloc infrastructure.

To get your account as a client, all you need to do is sign up on Bloc by visiting https://app.blochq.io and providing basic details to get your account opening started. You’ll be required to provide details to verify your business, and once verified, you are good to go.

Unlocking Infinite Possibilities with Bloc MFB

Edmund Olotu, CEO and Founder, expresses Bloc MFB’s understanding of the financial challenges businesses face and its commitment to seamless solutions. As an API-centric company, Bloc has collaborated closely with startups and non-tech businesses to address their financial service pain points.

According to Edmund, “The possibilities with Bloc are endless. Today, we begin by delivering essential banking services, aiming to be the best at keeping businesses satisfied. Tomorrow, we’ll continue to innovate, opening doors to local and global opportunities, providing top-notch tools for financial growth, capital access, and even offering these services to their customers.”

Charting the Future for Our Customers

With this launch, Bloc positions itself as the “Mercury Bank + Unit for African businesses,” serving as a control centre for reliable business banking products and the creation of custom applications with embedded financial services.

As African tech startups and non-tech organizations navigate their economic landscapes, Bloc MFB’s mission is to equip them with everything needed to initiate, endure, and thrive. From local establishment and market entry to global expansion, Bloc aims to be the partner at every stage of the journey.

Jerry Enebeli, Chief Product Officer, notes, “It’s still early days, and we’re eager to gather feedback from our tech-savvy customers to further enhance the product and elevate their satisfaction.”

Bloc MFB’s business banking product is now live and accessible to all tech-oriented enterprises. Sign up at https://www.blochq.io. While currently available on the web, the mobile app is slated for release in Q1 2024.

About Bloc

Bloc is a financial technology company that provides global banking services and API infrastructure to African startups and non-tech organisations that want to grow their revenue and be a part of the global market.

To learn more about us, visit our website: https://www.blochq.io

See also: Bloc MFB receives approval in principle for microfinance bank license from CBN