Qwil

b2b fintech

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 19/01/2021

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About

Instant liquidity for #smallbusinesses, #contractors, #entrepreneurs and #freelancers. #SmallBiz booster. Social good #fintech.

MEDICI Analysis

Qwil is a B2B platform that helps independent contractors to get paid. Qwil aims to make the independent contractor lifestyle as good as or better than that of the traditional full-time employee’s.

Focus

PRODUCTS & SERVICES

Qwil app -Instant pay for independent contractors

REVENUE MODEL

Qwil collects a small transaction fee as a percentage of the total amount of cashed out business earnings.

MAIN CLIENTS

Enterprises

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

6

TOTAL FUNDING

$29.53 M

DATE OF LAST FUNDING

Dec 2019

IPO STATUS

Private

TOTAL FUNDING COMMENT

The company is planning to use the fund to hire engineers, expand sales and marketing, and to address regulatory compliance(April 2018).

ESTIMETED REVENUE RANGE

$10M to $50M

SEED & PRIOR FUNDING

$125 K

SEED CLOSED ON

Jun 2016

FUNDING SERIES

SERIES A  · $5 M  · Apr 2018

SERIES B  · $24.4 M  · Dec 2019

DEBT FUNDING

$200 M

LISTED

NO

COMMENT

Debt financing: $102 M(April 2018)

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

20,094

AVERAGE VISITS (6 MONTHS)

28,811.81

MONTHLY VISITS GROWTH

29.12%

VISIT DURATION

269

VISIT DURATION GROWTH

78.76%

PAGE VIEWS VISIT

4.83

PAGE VIEWS VISIT GROWTH

-4.47%

BOUNCE RATE

27.25%

BOUNCE RATE GROWTH

16.13%

GLOBAL TRAFFIC RANK

749,249

MONTHLY RANK CHANGE

-366,084

MONTHLY RANK GROWTH

-32.82%

Innovation Programs

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