# Block Earner

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/block-earner

- Industry: Financial Services
- Headquarters: Sydney, Australia
- Website: www.blockearner.com.au
- Total disclosed funding: $12M
- Latest round: Series A (Aug 18, 2025)
- Investors on record: 6

## About

Based in New South Wales, Australia, and founded in 2021 by its CEO Charlie Karaboga and Jordan Momtazi, Block Earner operates as a financial technology platform. In August 2025, Block Earner raised AUD 8 million in series A funding led by new investor CMCC Global, with participation from another new investor King River Capital. Block Earner provides a high-yield savings and investment account that allows regular savers and investors to earn larger returns than typical financial options. With block earner, customers can choose between a fixed annual percentage return of 7% or a variable annual percentage income of 2–18%. The company's 7% fixed yield option offers a daily compounded fixed return with no lock-in periods. It also offers everyday savers and investors the opportunity to convert their money into digital USD coins (USDC). The company will use the August 2025 funding to support its local growth and product expansion initiatives.

## Funding rounds

- Series A, Aug 18, 2025, $5.2M — King River Capital, CMCC Global
- Seed, Dec 10, 2021, $6.4M — Coinbase Ventures, Framework Ventures, Alliance, LongHash Ventures

## Investors

- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed
- Alliance (https://capitalatlas.ai/funds/alliance) — Seed
- LongHash Ventures (https://capitalatlas.ai/funds/longhash-ventures) — Seed
- King River Capital (https://capitalatlas.ai/funds/king-river-capital) — Series A
- CMCC Global (https://capitalatlas.ai/funds/cmcc-global) — Series A