Unblock offers a modular payment gateway that enables businesses to integrate fiat and stablecoin transactions, facilitating global payments with instant local currency settlement. This solution reduces transaction costs and simplifies compliance with KYC and AML regulations, allowing companies to efficiently manage cryptocurrency transactions without prior experience.
Funding
$200K 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
Many businesses face challenges integrating both fiat and stablecoin transactions, leading to increased transaction costs and complexities in complying with KYC and AML regulations. Existing payment gateways often lack the modularity and scalability required to efficiently manage cryptocurrency transactions, especially for companies without prior crypto experience.
Solution
Unblock offers a modular payment gateway designed to streamline the integration of fiat and stablecoin payments for businesses. The platform facilitates global payments with instant local currency settlement, aiming to reduce transaction costs and simplify compliance. Unblock's API-first solution enables businesses to accept payments from anywhere in the world, connecting to national real-time payment networks. The modular infrastructure provides a comprehensive solution for utilizing digital financial services, including end-to-end processes that meet global KYC, AML, and CTF requirements, such as ID and liveness checks, criminal record checks, PEPs and Sanctions monitoring, KYB, and wallet monitoring.
Target Audience
Unblock targets businesses seeking to integrate fiat and stablecoin payments, including DeFi wallets and LATAM payroll providers.
Features
- Modular payment gateway enabling integration of fiat and stablecoin transactions
- Instant local currency settlement for global payments
- API-first design for easy integration and developer-friendly experience
- Comprehensive KYC, AML, and CTF compliance processes
- Support for 24 countries with fiat<>stablecoin on and off-ramp
- Crypto asset exchange and custody services
- Real-time payment network connectivity