Qwil
Company

Last deal

Amount

Convertible Note

Stage

05.03.2021

Date

8

all rounds

$331.5M

Total amount

General

About Company
Qwil provides financial tools and solutions for individual contractors, freelancers, and small businesses.

Industry

Sector :

Subsector :

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Convertible Note

IPO status

Private

Description

The company's platform offers an application that allows users to manage and spend their earnings through a Qwil debit card, and also enables them to earn and spend money before they are paid. Qwil's instant payment and liquidity platform advances amounts earned ahead of the pay cycle, providing freelancers with access to their cash early. Qwil also helps companies and marketplaces manage their independent contractor workforce, streamline payments to over 200 countries, and track compliance, all at a market-beating price of $1 per contractor per pay cycle.
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