If you are a small business owner, then you are the backbone of your country’s economy! BlockPaisa, a financial services startup (affiliated with University of Toronto) is specifically designed for you as a small business owner to have access to credit with no interest and no fees, at all!  

Why we do this, it is because we believe that small businesses are really the present and future of a country’s economy and we want to be the first ally in helping you grow your businesses and create more livelihood opportunities for yourselves and others in your communities! Small and Medium Enterprises (SMEs) worldwide represent 90% of businesses, create 60-70% of employment and contribute about 55% to GDP globally. Yet, the second biggest challenge for small businesses is access to credit, hence only a small number of them resort to a bank loan due to their low credit score, high collateral requirement or high interest rates.  

What we offer is very simple yet highly needed, we provide three main services:

1.      A Credit Card: which comes with zero interest, zero fees, unlimited transactions and many other perks (see         below), and is meant to give credit access to your small business so you can grow your business faster

2.     A Business Account: that you can connect your credit card to it, eliminating the need to have a separate         bank account at an other bank.

3.     A Mobile Banking App: where you can use it as your digital bank at your fingertips connecting your         business account and credit card to it.  

We are also considering providing taxation and accounting services at much lower prices (even so that you would consider switching from your friend who does the taxes for your business on weekends!)

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