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Blocpal

Can a blockchain-integrated B2B2C fintech platform become the financial infrastructure layer connecting underbanked populations globally through merchant-centric digital banking and crypto exchange services?

Founded2017
HQVancouver, British Columbia, Canada
Total raised$26.6M
IndustryFintech / SMB banking
The story

Founded in 2017 as a Canadian fintech focused on digital banking infrastructure for underbanked and unbanked populations globally, BlocPal initially deployed a B2B2C merchant-centric model enabling small retailers to act as mini-banks. The company has since expanded into digital asset and crypto exchange services via BlocPalX, blending classic banking rails with blockchain technology. It targets enterprise B2B2C distribution partners across North America, India, and emerging markets, positioning itself as a white-label financial infrastructure provider rather than a direct consumer bank.

Last 12 months
2025-02-10
2025-11-08
Product timeline
2017
BlocPal International Inc. founded in Vancouver, BC, Canada.· pivot
2021
Launched B2B2C digital banking platform targeting underbanked populations via merchant-centric mini-ATM/mini-POS network, initially deployed in India in partnership with mBnk.· banking
2024
Launched BlocPalX Exchange, a crypto trading platform, with MSB registration in US and Canada.· banking
2025
Achieved SOC 2 Type 1 certification; announced strategic partnership with OneFeather to serve Indigenous Services Canada.· banking
2025
Terms of Service updated for BlocPalX Exchange, formalizing the platform's crypto exchange and digital asset trading services.· pivot
Regulated entities
MSB
US (FinCEN)
BlocPal International Incorporated
MSB
Canada (FINTRAC)
BlocPal International Inc.
The stack
Accounting gap: critical