Over $1 trillion in independent contractor income annually in the U.S. is locked in a 30, 60 or 90 day invoicing cycle. These protracted invoicing cycles create a number of pain points. Qwil addresses the number one pain point faced by these workers and the companies deploying their labor - easy and immediate cash flow.
Location: United States, California, San Francisco
Employees: 51-200
Founded date: 2015
Investors 5
| Date | Name | Website |
| - | Ranch Vent... | ranch.vc |
| - | Reciprocal... | recvc.com |
| - | 500 Startu... | 500.co |
| - | Commerce.I... | commercein... |
| - | Cantos Ven... | cantos.vc |
Mentions in press and media 4
| Date | Title | Description |
| 16.12.2019 | Qwil Raises $224.4 Million To Help Support Freelancers | Qwil, a company that supports freelancers and small businesses with financing, announced it raised $224.4 million in equity and debt funding Qwil — a company that supports freelancers and small businesses with financing — announced recently... |
| 11.12.2019 | Fintech startup Qwil raises $24.4 million in equity and $200 million in debt | By Anna Irrera 3 Min Read NEW YORK (Reuters) - Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Gro... |
| 20.09.2018 | How a Paper-Based System Allowed the 2008 Crash to Happen | 17th century goldsmiths in London issued the paper notes that became banknotes in lieu of gold and silver stored in their safes by depositors. They also loaned out money and kept all underwriting records, on paper, in the same safes. And al... |
| 14.06.2016 | CXC Global and Qwil Partner to Deliver Instant Pay to CXC Global Contractors | SAN FRANCISCO–(BUSINESS WIRE)–June 14, 2016– Workforce solutions leader CXC Global™ and fintech pioneer Qwil have announced a formal partnership to provide instant access to compensation for CXC Global’s contractors through the Qwil app. Th... |