Business accounts

A business account belongs to your business, not to one person. Your team shares it, and each person can only do what their role allows. When someone leaves, you remove them and the money stays where it is.

Take Acme Imports in Lagos. Ada, the founder, creates the account. Bayo in finance becomes a second admin. Chidi in operations buys cover for each supplier invoice. Their accountant, Dami, can see everything but approve nothing.

How it differs from your own wallet

	Your wallet	A business account
Who it belongs to	You	The business
Who approves	Your passkey	Each member's own passkey, within their role
Address	Your own	One shared address for the business
When someone leaves	Not applicable	An admin removes them, and the business keeps its money and its cover

You keep your own wallet as well. The same passkey on your phone approves for both, and you choose which one you are acting for.

Roles

Role	Can	Cannot
Admin	Everything: buy cover, add and withdraw liquidity, send USDC out of the account, invite and remove members, change roles
Operator	Buy cover and manage liquidity for the business	Send USDC out of the account, or change who is a member
Viewer	See balances, cover and pools	Approve anything

An operator can pay a premium or add liquidity, because that money only ever goes into a BlockFinaX pool. Payouts and withdrawals from a pool always come back to the business account. Only admins can send money anywhere else.

These rules are enforced by the business account itself on Stellar, not only by the app.

Create a business account

1. Open the account menu: your name at the bottom of the sidebar, or your initials at the top right.
2. Select your account name, then Create business account, and enter the business name.
3. Wait about half a minute while the account is set up on Stellar. Network fees are covered.

You become its first admin. Add a second admin soon, so the business never depends on one phone.

Invite your team

1. Switch to the business in the account menu, then open Business settings.
2. Under Members, enter the person's email address, choose their role, and select Invite.
3. They receive an email with a link. It works once, for that email address only, and expires after seven days.

When they accept, a viewer can start at once. An admin or operator shows as Waiting for approval until an admin selects Add to account and approves with their passkey. That step puts the new person's passkey on the business account.

Act for the business

Open the account menu and select your account name to see your accounts: Personal, and each business you belong to with your role. Choose the business. The sidebar then shows its name, and balances, cover, pools and the wallet show the business's, never your own. Choose Personal to switch back.

Business settings, in the same menu, shows the business's details and address, a check that its account is genuine, its members, and a history of every change, each linked to its Stellar transaction.

To fund the business, open Wallet, then Deposit. The app shows the business's Stellar address only after checking it on the network.

When someone leaves

1. In Business settings, select Remove next to their name.
2. Approve with your passkey.

They lose access in the app at once, and their passkey is taken off the business account a moment later. An account always keeps at least one admin, so the last admin cannot be removed.

To change what someone can do, choose a new role next to their name. New access is added before old access is removed.

If an admin loses their phone

With two admins, the other admin removes the lost passkey and invites the person again once they have a new one. This is why we ask every business to keep at least two admins.

For now, from your own account

These work from your personal account and are not yet available for business accounts:

• Request a quote.
• Funding from or withdrawing to other networks. Send USDC on Stellar to the business address instead.
• Test USDC on testnet.

A person can create up to three business accounts.