# Cwallet Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cwallet-services

- Industry: Financial Services
- Headquarters: Doha, Qatar
- Website: www.cwallet.qa
- Total disclosed funding: $0.9M
- Latest round: Seed (Jun 15, 2022)
- Investors on record: 2

## About

Founded in 2019 by CEO Michael Javier and based in Doha, Qatar, Cwallet Services operates as a mobile application that helps users to receive salaries, send and transfer money, pay their bills, and others. In January 2021, Cwallet Services raised USD 200,000 in venture funding led by new investor MBK Holding. 

The company's blockchain-powered wallet offers solutions to users to get paid, spend, transfer airtime top-up from the home country, and receive their salary, and send money back home. Cwallet also has a cross-border bill payment feature. The company also provides features for merchants, including startups and e-commerce platforms to use Cwallet as a built-in wallet for their app via API integration.

## Funding rounds

- Seed, Jun 15, 2022, $0.9M — MBK Holding, Angel.qa

## Investors

- MBK Holding (https://capitalatlas.ai/funds/mbk-holding) — Seed
- Angel.qa — Seed