Global business banking services & infrastructure for passionate founders & business owners. Need help? Tag
@BlocHQSupport
Building a product? —
@apiwithbloc
.
Big news on the Bloc 🎉:
We have received approval from the CBN to acquire a new banking licence and establish our microfinance bank, Bloc MFB, in Lagos, Nigeria.
Learn more about it here 👉
🎉 We finally have it!!!
G-Pay, owned by Bloc, has recently received its full PSSP license from the CBN in time for the release of our FinTech/Banking APIs —
#compliance
,
#tech
&
#capital
in one suite.
We have some news — we've made our Bills Payment better, 🎉.
We completed our direct integration, and are now partners with
@MTNNG
. With our API, you can now sell MTN products at cheaper rates to your customers.
UPDATE: We built something cool for MFBs and licensed FinTechs — a SuperAgency tool that allows you to offer agency banking (deposits, withdrawals, bills payment) without a single line of code.
Today, we make a giant leap—TechAdvance is now Bloc. This change happened to support our deep commitment to building global infrastructure for African FinTech.
Finally, I can talk about this!!! 😆
We’re coming out of private beta in 2 weeks. Complete with a redesign of our API & dashboard, Bloc 2.0 allows any business (tech or not) use financial tools to scale how they serve their customers.
Hey
#fintechtwitter
,
You have an idea, a next-generation idea. You rushed out of your zen mode to write it down. You called your “serious” friends about it.
“No one has thought of this, we will disrupt the market”, you said as you finished each call.
Bloc Accounts is live.
1️⃣ Instantly issue bank account numbers.
2️⃣ Receive payments via bank transfers with our virtual accounts feature.
3️⃣ Transfer money to any bank nationwide.
4️⃣ Send money to multiple bank accounts at once.
Get started here: "
Welcome to the family,
@OrchestrateHQ
. 😉
Orchestrate is now part of the Bloc family, boosting our capacity to offer a broader FinTech infrastructure service.
We’re live!
We redesigned our website to let you access detailed information on all our products and services. Visit to see if we're a fit and contact us when you agree.
"Unlike commercial banks, FinTechs no longer need to acquire a banking license; with our API, it is simply plug-and-play. Bloc owns and manages all the heavy lifting of compliance and bank relationships."
Read more:
Are you a small business, large supermarket chain or logistics company?
The rumours you've heard from
@pyjama_ceo
are true. POS Terminals are coming to Bloc. Receive in-person payments, manage cashiers and operators …
We want building FinTech to be as easy as pie. That's our purpose, and we know there's someone out there who shares this passion with us. Share this with them.
Visit to apply.
Creating convenient offsite banking channels helps to ease friction for many Nigerians who want to access financial services.
Our fully featured Agency Banking API makes it easier to provide these services to ensure better transaction success rates.
"But every company is not a FinTech product. In fact, FinTechs make up less than 1% of companies in Nigeria alone."
Edmund shares what we've been up to, our new direction, our Q2 roadmap, and the plans for our customers.
Read the full note here →
Nothing worse than customers waiting for your staff to call their boss, while they stand aimlessly waiting for the boss to pick up & spend another 10 minutes confirming the payment.
Those days are about to be over with the Bloc SoftPOS app🥳
Coming soon to your mobile phone!🚀
FinTech founders' ultimate dream: A banking license
Every customer's dream: A functional app that does simple banking 24/7
What we suggest: Integrate with Bloc to launch your FinTech faster and make your customers' dream come true.
Our MicroFinance Bank, Banc Corp opened operations at the Trade Fair Complex on Monday to provide accessible financial services to over 22,000 traders.
Read more about it here:
🗒️ What does this mean for you?
It means that we are now licensed to directly process all kinds of e-payments across the country. You can now access and/or build online payments infrastructure with our API suite.
Let's take a look at Bloc's Wallet API.
Any wallets API helps you manage, send and receive funds in one place. You can send money to any registered bank account and fund your wallet via card or other payment methods.
See what else you can do with Bloc’s Wallets.
It’s finally here. Today, we’re excited to share Bloc 2.0 with you.
Bloc 2.0 is an all-in-one suite of banking and payments tools & APIs for businesses who want to embed financial services into their products or services, with or without technical expertise.
[THREAD]
We are excited to announce that we've entered into a strategic partnership with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to bring the benefit of FinTech infrastructure to SMEs in Nigeria.
We’re not just an infrastructure company anymore.
Bloc is now a full-service business bank for all businesses, with no code tools for some and API infrastructure for others.
We want to power your business and startup dreams end-to-end.
Time to add a little bit of spice with Bloc 2.0. ✨
We curated all of our lessons from the past 7 months since launching in beta and redesigned our Accounts product.
Seamless KYC✅
Faster credit and debit✅
Bank-grade security✅
All Bloc.
Amazing startups and companies have made it easy for you to collect payments online via so many methods (card, bank transfer, etc).
Bloc gives you the power of all these methods in one place. Instead of 3 dashboards, manage your online payments from just ONE.
This Friday, we're talking with our friends at
@FamasiAfrica
on how FinTech can help health tech startups offer better user experiences to their customers.
We’ve done it!
Bloc is now for every type of business out there — a rich business banking experience designed for SMEs, small startups, large organizations, NGOs, etc. AND an easy-to-use suite of APIs for teams who want to embed FinTech features in their apps.
"Bloc will help startups and corporations of all sizes build, launch and grow their FinTech applications in record time — less than half the usual time it takes."
Read the full press release here:
“We have grown immensely since the inception of TechAdvance in 2009, ... to becoming the only FinTech/Banking as a Service provider in the country backed by a blend of licenses and certification”.
Read the full press release here:
Hi tech-people,
We're hosting a demo for the amazing developers and product people building amazing solutions with the Bloc API.
On Thursday,
@jerry_enebeli
will show you the basics and how to get started with Accounts and Transfers. Save your seat →
👀 Another one!
Pay online with virtual Naira & Dollar cards created for you and your business. See your transaction analytics, give access to other team members, and sync your expenses with the rest of your financial activity.
Coming this August.
Our friends
@pay4meapp
are making it easy for international students to make schooling payments, so we had a chat with Paul, CEO at Pay4Me to learn more about how they are powering the dreams of young people and how Bloc is helping to make it happen.
We built Bloc for one singular reason—to help businesses easily access financial services. This includes compliance, APIs, no-code tools and, very recently, banking services for businesses of all sizes. We optimized to give you a better experience right off the bat.
Get a
Hey 👋🏾
We love to build with care at Bloc❤️— and documenting our ideas as we build has helped us learn important lessons from our own journey and iterate faster.
If you'd like to see the thought processes behind the work that we do, check out our blog here-
With Bloc 2.0, we increased our deposits and transfers speed by 10x — yes, that fast!
👀 FinTechs, large orgs, SMEs, supermarket, WhatsApp/Instagram vendors, etc use Bloc to send and receive money fast… usually in seconds.
Try it →
How APIs are enhancing the growth of Fintech in Africa.
Like a middle-man that connects two parties to help them achieve their goals, APIs (Application Programming Interfaces) are connections between computers and/or computer programs that allow them to work together.
Nothing worse than frustrated customers abandoning their purchases because the process of making payment drags on endlessly.
Selling online should be hassle-free, and even if you do not have a website, we have made it super easy for your business to get paid fast and securely.
March was fun for us on the Bloc. Here's a recap of everything we did in March to improve how our businesses experience Bloc.
New features, performance improvements, new API endpoints, and so much more →
"Built on our suite of APIs, Bloc offers licensed banks and companies a fully-featured no-code tool to help you get started with their agency banking services in less than two weeks."
Read more:
Your Bloc Integration gives you access to the most convenient payment methods for your customers.
✔️Cards
✔️bank transfers
✔️Wallet
✔️USSD
✔️QR Code, and more
We are not far from a digital bank offering a range of FinTech services through a BaaS model.
Bank-as-a-service will gain traction as banks focus on customer needs, expectations, and technology-enabled capabilities.
We provide a comprehensive suite of APIs, licenses and compliance to any company that wants to build or embed digital financial services into their product or business model.
#buildwithbloc
🎉 We finally have it!!!
G-Pay, owned by Bloc, has recently received its full PSSP license from the CBN in time for the release of our FinTech/Banking APIs —
#compliance
,
#tech
&
#capital
in one suite.
We spent sometime with the
@boundlesspay
team talking about our partnership together and how Bloc has helped them develop and launch their product in record time.
Read it here:
We are committed to fostering a gender-equal work environment free of bias and discrimination. We will build a diverse, equitable, and inclusive team that values and celebrates its differences.
Happy International Women's Day.
#IWD22
#BreakTheBias
Bloc 2.0B ticks off all the boxes regarding compliance and security.
📌Our banking services are powered by banking institutions fully licensed by the CBN and all of our bank accounts are deposit-insured.
📌Our online payment services are powered by our PSSP-licensed subsidiary,
Love Don't Cost a Thing, But Running a Business Does.
Forget overpriced roses and teddy bears this Valentine's Day – the truest form of love for your business is showing it the care it deserves.
But hey, let's be honest, love doesn't come cheap.
In less than a decade, we’ve moved from queuing for hours to buying credits in less than minutes to keep the lights on.
Now, any FinTech payments app worth its salt today offers bill payments services to its customers.
See how Bloc helps you with our Utilities API.
We are excited to announce that we’ve also completed direct integration with Airtel. Just like with MTN, our users now have more flexibility over how they sell airtime/data (via our API) to their customers.
To learn more:
THREE THINGS YOU SHOULD KNOW BEFORE STARTING YOUR FINTECH COMPANY.
- Know The Problem You Are Solving - It is not enough to want to build a fintech company. It is important that your company is solving a problem, and making things easier for people.
Paying bills is a hassle, but it doesn't have to be. Many Nigerians find it hard and draining to pay their utility bills. And that’s why we built our proprietary Bills Payment API.
Here’s what you can do with Bloc’s Bills Payment API:👇
1/5
The current economic landscape throws unique challenges at Nigerian businesses. Inflation and exchange rate volatility create a complex environment, demanding a strategic approach to ensure your business thrives.
Here are some strategies to navigate exchange rate volatility as a
Bloc 2.0B takes a deeper dive into the problems businesses face with money-in and money-out.
We asked ourselves, “How can we further simplify access to more out-of-reach banking and payment functionalities for our customers?”
🔗Full post:
Banking-as-a-Service (BaaS) is a FinTech innovation increasing bank and FinTech collaboration.However, these innovations are frequently confused with each other.
Here’s how we differentiate them: