Qolo

Qolo

Verified
Qolo – Payments Hub for the New Economy. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$200—300m (Dealroom.co estimates May 2022.)
Fort Lauderdale Florida (HQ)

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-348 %275 %262 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
N/A

$0.0

round
investor

$0.0

round
investor

$0.0

round

$50.0m

Early VC
Total Funding000k

Recent News about Qolo

Edit
More about Qolo
Edit

Qolo.io is a fintech startup that provides a comprehensive payment solution for businesses. The company operates in the financial technology market, offering a platform that enables businesses to issue cards, process card payments, and manage Automated Clearing House (ACH) transactions. ACH is a network used for electronic money transfer between banks. Qolo.io's platform also allows businesses to make push-to-card payments, which are real-time fund transfers to bank-issued debit cards.

The company serves a wide range of clients, from small businesses to large corporations, who need to manage their payment processes efficiently. Qolo.io's business model is based on providing a single platform with a mix of capabilities that can meet any business case. This means that instead of businesses having to use multiple platforms for different payment processes, they can use Qolo.io's platform to manage all their payment needs.

Qolo.io generates revenue by charging businesses for using its platform. The exact pricing details are not publicly available, but it's likely that the company charges a fee per transaction or a subscription fee for access to its platform.

The company prides itself on driving innovation in the fintech industry. It claims to have created the first purpose-built, omnichannel, next-gen payments platform in more than two decades. This suggests that Qolo.io is at the forefront of the fintech industry, offering cutting-edge technology to its clients.

Keywords: Fintech, Payment Solutions, Card Issuing, Card Processing, ACH Transactions, Push-to-Card Payments, Single Platform, Business Clients, Subscription Model, Innovation.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.