Blusalt Financial Service offers blockchain-based digital infrastructure for financial services. Their platform provides tools and solutions for building and deploying decentralized financial applications.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses, particularly in emerging markets, face challenges in accessing and integrating comprehensive financial services into their platforms. Existing solutions often lack the flexibility and scalability required to meet diverse customer needs, hindering innovation and growth. Integrating various financial services like payments, banking, and card issuance can be complex and time-consuming.
Solution
Blusalt provides an embedded fintech platform that offers a suite of APIs for businesses to integrate financial services into their applications. The platform enables the creation of digital wallets, global payment solutions, currency conversion, and card services. Blusalt's Banking-as-a-Service API allows businesses to offer bank accounts, facilitate deposits and withdrawals, manage cash flow, and handle bill payments. The platform also includes invoicing and subscription management tools to automate recurring collections and reconcile payments.
Target Audience
Blusalt targets fintech companies, banks, startups, and small to large enterprises that need to embed financial services into their applications.
Features
- Digital wallets with customizable financial products, including accounts, fund holding, pay-ins, pay-outs, bill payments, transfers, and rewards.
- Global payment APIs for managing accounts and facilitating payments across the globe.
- Currency conversion capabilities to accept and hold funds in multiple currencies and issue branded cards.
- Card-as-a-Service API for instant setup, creation, management, and distribution of physical and virtual cards.
- Banking-as-a-Service API to embed banking products, enabling customers to have bank accounts, hold funds, deposit and withdraw funds, pay bills, and manage cash flow.
- Invoicing and subscription APIs to automate one-time and recurring collections and reconcile payments.
- User BVN (Bank Verification Number) verification to prevent fraud.
- Developer-friendly APIs and SDKs with comprehensive documentation.