Qolo

Qolo Inc., headquartered in Fort Lauderdale, US, specializes in financial technology., Steven Bishop, and William Kwok.Qolo offers an integrated suite of financial infrastructure solutions designed to simplify payment operations for businesses. Their core product offerings include the Quantum Ledger, which provides seamless connectivity and error-free operations by integrating directly with various payment rails. This ledger allows clients to manage multiple payment types through a single platform, effectively addressing the challenges of fragmented financial systems. Additionally, Qolo's Qinetic Issuing enables organizations to launch and scale debit, prepaid, and credit programs effortlessly, granting seamless access to major networks such as Visa, Mastercard, and Discover. The Qascade Money product facilitates efficient money movement across banks, utilizing a single API for services like ACH, wire, and RTP.Qolo's revenue model is predominantly based on transactional processing and partnership agreements with businesses utilizing its financial technology solutions. Clients are charged for accessing the integrated platform, which includes functionalities tied to the Quantum Ledger, Qinetic Issuing, and Qascade Money. The pricing structure involves subscription fees for the use of the platform and transaction fees based on the volume of payments processed through Qolo's services. For instance, a financial institution could engage Qolo to issue prepaid cards for their customers, incurring fees based on the number of cards issued and the volume of transactions processed.In March 2025, Qolo Inc. Qolo plans to expand its offerings with new products designed to enhance payment solutions and is targeting growth in North American and European markets by the end of 2025.

1. Series A

   Aug 25, 2021

   Amount

   $15M

   Investors

   Locked