BCB Group provides multi-currency business accounts and a global settlements network that enables instant, fee-free transactions across various currencies and digital assets. Their services facilitate seamless payment processing and trading for businesses operating in the digital asset economy, addressing the need for efficient financial solutions in a rapidly evolving market.
Funding
$65.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses operating with digital assets face challenges in managing multi-currency transactions and accessing efficient global settlement networks. Traditional banking systems often lack the infrastructure to seamlessly integrate fiat and cryptocurrency payments, resulting in delays and added costs.
Solution
BCB Group provides a comprehensive suite of financial services designed for the digital asset economy, offering multi-currency business accounts and a global settlements network called BLINC. BLINC enables instant, 24/7 transactions between members across various fiat currencies and digital assets with no transaction fees. BCB's business accounts support payments in major world currencies and wallets for cryptocurrencies, stablecoins, and other digital assets, providing access to international payment rails. BCB Group also offers over-the-counter (OTC) crypto trading, FX trading, and treasury management solutions, allowing businesses to manage their fiat and crypto assets in one place.
Target Audience
BCB Group primarily serves businesses operating in the digital asset space, including crypto exchanges, market makers, brokers, and institutional investors.
Features
- Multi-currency business accounts supporting major fiat currencies and digital assets
- BLINC global settlements network for instant, fee-free transactions
- Access to international payment rails for seamless cross-border payments
- Over-the-counter (OTC) trading desk for buying and selling crypto at scale
- FX trading services with competitive institutional rates
- Treasury management solutions for managing fiat and crypto assets
- Secure digital asset custody