Bloccpay Launched Platform for Distributed Teams
The payroll and invoicing startup processed over US$400,000 in volume during its 2024 private beta phase.
Updated on Sept. 25, 2026 in Remote Work
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Founded in 2022, Bloccpay began operations in 2024 to provide payroll and invoicing services for global distributed teams. The platform aims to reduce cross-border transaction fees for workers across Africa.
Why it matters
The company addresses high exchange rates and fee structures for freelancers, while also helping users build financial documentation for loan or visa applications. It operates in markets including Nigeria, Kenya, Ghana, and South Africa.
Bloccpay charges US$15 per contractor monthly alongside a 1% fee on invoices and withdrawals, while deposits remain free. The venture secured a US$100,000 grant from the Stellar Community Fund.
The players
Ajoke Asunmonu
She is a co-founder of the payroll startup who helped establish the platform in 2022.
Jennifer Echenim
She serves as a co-founder of the organization and assisted in launching its operations.
Stellar Community Fund
This organization provided a US$100,000 grant to support the development of the payment platform.
The details
Businesses use the platform to automate payroll cycles by adding talent to the system. Freelancers can receive payments through bank accounts, cryptocurrency wallets, or mobile money services.
Timeline
Bloccpay was founded in 2022.
The company began operations and launched its private beta in 2024.
Gross transaction volume grew sevenfold by Q2 2026.
Market Landscape
Bloccpay enters a competitive sector focused on modernizing financial infrastructure for distributed workforces in emerging markets. It is positioning itself against legacy cross-border payment providers by integrating documentation services for loan and visa support.
Freelancers using the platform benefit from potentially lower fees and improved documentation for formal banking applications. Business clients can automate payroll and billing, potentially reducing administrative overhead when managing international teams.
The takeaway
Reliable payroll infrastructure is becoming a critical tool for freelancers needing to prove income for secondary financial goals like visas. Expanding payment corridors and local payout options will be essential for the platform to scale in the coming years.
Further reading
Learn more about the infrastructure behind Remote Work and international labor management.
Source note: This article includes information reported by Disrupt Africa.
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