About

Superblocks provides a programmable platform for fintech developers to create internal applications, workflows, and jobs efficiently. The platform connects securely to production databases, allowing users to run SQL queries, which helps streamline operations for banks, financial institutions, and fintech startups. Superblocks emphasizes security and compliance, making it suitable for critical tasks like Know Your Customer (KYC) and Anti-Money Laundering (AML) underwriting. Unlike competitors, Superblocks offers a subscription-based service with features such as granular permissions and on-premises agents, catering to both small startups and large institutions. The goal of Superblocks is to save developers time and resources, enabling them to focus on their core products and drive innovation in the fintech space.

Simplify's Take

What believers are saying

• Securing $37M in funding from prominent investors like Kleiner Perkins and Greenoaks indicates strong financial backing and growth potential.
• The platform's ability to save significant engineering time by streamlining internal tool development can lead to increased productivity and innovation for clients.
• Superblocks' focus on fintech allows it to address specific industry needs, potentially leading to high client retention and satisfaction.

What critics are saying

• The competitive landscape in fintech tooling is intense, requiring continuous innovation to maintain a competitive edge.
• Reliance on subscription-based revenue means that economic downturns or budget cuts in client companies could impact Superblocks' financial stability.

What makes Superblocks unique

• Superblocks offers a specialized platform tailored specifically for fintech developers, unlike broader internal tooling solutions.
• The platform's focus on bank-level security and compliance for KYC and AML tasks sets it apart in the highly regulated financial sector.
• Superblocks' subscription-based model with granular permissions and group access controls provides a scalable and secure solution for both small startups and large financial institutions.

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