Banking Setup & Relationship Management

BlockWise assists technology companies in establishing and managing banking relationships, with specialized expertise in securing bank accounts for cryptocurrency and Web3 businesses.

Banking Setup Services

Corporate Bank Account Opening: Assisting with opening corporate bank accounts, merchant accounts, and payment processing relationships, including crypto-friendly banking options. The team understands the challenges blockchain and fintech companies face in securing traditional banking services and leverages relationships with crypto-friendly financial institutions.

Multi-Currency Accounts: Setting up multi-currency business accounts to support global operations and reduce foreign exchange costs. This is particularly valuable for technology companies with international operations or client bases.

Banking Relationship Management: Managing ongoing relationships with banks, credit facilities, and other financial institutions. Negotiating favorable terms and ensuring optimal banking arrangements that support business growth. The fractional CFO team serves as the primary liaison with banking partners, handling day-to-day communications and strategic negotiations.

Why This Service Matters

Many blockchain and cryptocurrency companies struggle to open and maintain traditional bank accounts due to perceived regulatory risks and banking institutions' hesitancy to serve the crypto sector. BlockWise's team, with backgrounds at major financial institutions (KPMG, Deloitte, CDPQ), understands how to present fintech and blockchain companies in a way that builds banking partners' confidence while securing the banking infrastructure needed for operations.

Operating Jurisdictions: The team has expertise establishing banking relationships in Canada, UAE, and other major fintech-friendly jurisdictions. With offices in Montreal and Dubai, BlockWise is positioned to support the growing Canada-UAE technology corridor.

Who This Serves

Ideal for fintech startups, blockchain companies, cryptocurrency exchanges, DeFi protocols, and Web3 businesses that need to establish or expand their banking infrastructure. Also valuable for traditional technology companies entering the digital asset space who need banking partners comfortable with crypto-related activities.