Bloc
The all-in-one payment infrastructure and business banking platform for African enterprises
What it does
Bloc was founded in 2021 by Edmund Olotu to offer a comprehensive Banking-as-a-Service engine and financial infrastructure stack. The platform empowers developers and companies to create, build, and deploy custom financial features including virtual cards, wallets, and bill payments. It notable pivoted from a consumer app ecosystem to enterprise infrastructure.
Card issuing & managementBulk / mass payoutsReconciliation & ledger infrastructure
Known for
- Developer-first BaaS APIs
- Virtual card and account infrastructure
- Embedded payments and utility bill gateways
- Fintech software architecture
Model & industry
Banking-as-a-ServiceAPI-as-a-ProductBanking & Financial Services
Products & subsidiaries
Bloc Core APIs · Embedded Financial Suite
Acquisitions
- Orchestrate (2022). Acquired payment orchestration and card switching startup to enhance payment processing depth.