TechAdvance launches Bloc-a faster way to build fintech products.
TechAdvance is a FinTech infrastructure company building easy-to-use APIsolutions for startups and organizations looking to integrate FinTech and banking solutions for their customers. In their words, they are building the world for FinTech.
At the early hours of today, the 13th day of September, TechAdvance launched Bloc- a proprietary asset with APIs that can help startups and organizations to fast-track the building, launch and growth of their FinTech applications. The main advantage of this product is its capability to speed up processes.
The API products currently live in the Bloc API suite includes; eWallets and Virtual Accounts, Utilities, CashCode, Agency Banking, and Transfers.
With Bloc, FinTech will become an accessible common ground for tech companies, internet startups, small businesses, and large corporations.
Quoting Edmund Olotu, Founder and Chief Innovation Officer at TechAdvance:
All companies will become FinTech companies. With our APIs, companies/startups can now offer their customers a range of banking and financial services. With cash deposits and withdrawals, local and international wallets, recurring payments, cardless withdrawals, bill payments, individual and bulk transfers—companies can increase revenue and stay profitable.
THE 3-DIMENSIONAL ADVANTAGE
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EASE OF USE
One of Bloc’s advantage is how it simplifies the complexities that are usually encountered in building and launching a product. TechAdvance owns all the necessary licenses and are compliant with the highest security standards required to offer you their API products.
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SPEED
With Bloc, it doesn’t take an hour for engineering teams to sign up and gain access to the API products for integration. More to this is the fact that it simplifies deployment, updates, management and is compatible with other third-party APIs.
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COMPLIANCE – Bloc is secure and protected by design. It also holds security certifications by ISO 27001, PCI-DSS, and licenses like the CBN-issued Micro Finance Bank License, the NCC-Value Added Services license, and a PSSP license.
TechAdvance has since inception been a valuable asset to the Nigerian Tech industry and with Bloc, it hopes to build a global infrastructure for African FinTech and provide tools for their expansion even beyond Africa.
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