Payroll Platform Bloccpay Processed $400K During Beta
The platform offers distributed teams tools to manage contractor payments and documentation.
Updated on Sept. 25, 2026 in Remote Work
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Founded in 2022, Bloccpay launched its private beta in 2024, processing over US$400,000 in gross transaction volume for distributed teams. The platform operates across six African nations to simplify cross-border payroll for international businesses.
Why it matters
By automating payroll cycles and providing verifiable financial documentation, the platform addresses common frictions for freelancers, such as loan or visa eligibility. These tools allow companies to manage distributed talent more efficiently while reducing exchange rate volatility.
Bloccpay processed over US$400,000 in gross transaction volume during its private beta, supporting 300 total users. The platform charges a fee of US$15 per contractor per month, alongside a one per cent fee for both invoices and withdrawals.
The players
Ajoke Asunmonu
Co-founder of the payroll and invoicing platform.
Jennifer Echenim
Co-founder of the payroll and invoicing platform.
Stellar Community Fund
An initiative providing grants to support ecosystem growth and blockchain-based infrastructure projects.
The details
Businesses use the platform to automate payroll by adding talent to the system, which then facilitates payments via bank accounts, mobile money, or crypto wallets. The model is supported by a US$100,000 grant from the Stellar Community Fund. Beyond core payroll, the company provides financial records intended to help freelancers secure visas or loans, with plans to integrate yield products and health insurance features in the future.
Timeline
Bloccpay was founded in 2022.
The platform began operations and launched its private beta in 2024.
Gross transaction volume grew sevenfold in Q2 2026.
Market Landscape
Bloccpay operates within the broader trend of fintech platforms aiming to solve cross-border settlement issues for distributed teams in Africa. This effort follows the pattern set by regional digital payment corridors that prioritize lower fees for international talent.
Businesses managing contractors in Nigeria, Kenya, Ghana, South Africa, Uganda, and Tanzania should evaluate their current cross-border payroll costs against the platform's 1% fee structure. Ensure that any chosen payroll provider maintains adequate financial documentation for your international contractors' local compliance needs.
The takeaway
Bloccpay highlights how operational efficiency in payroll can serve as a competitive advantage when hiring in competitive international markets. Operators should audit their current contractor payout processes for hidden exchange rate fees that may be inflating the cost of global talent acquisition.
Further reading
For more on managing international talent, visit our Remote Work section.
Source note: This article includes information reported by Disrupt Africa.
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