Qwil provided embedded finance and early payment liquidity solutions for staffing suppliers and independent contractors.
Location
San Francisco, CA, US
Founded
2015
Qwil operated an embedded financial technology platform designed to deliver instant liquidity and payment advances for staffing firms and freelancers. Its digital infrastructure enabled suppliers to access capital against outstanding invoices without waiting for traditional payment terms.
In May 2022, working capital finance provider LSQ acquired Qwil to integrate embedded payment functionality into its commercial finance ecosystem. Following the transaction, the platform continued operating as an LSQ subsidiary under the Qwil brand.
Qwil - Classification
Also Known As
Qwil PBC
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services
Show 4 more industry codes
SIC
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
