We're solving a $5T annual problem with integrity. Qwil is a public benefit corporation where cutting-edge technology is used to build a better financial system.
Globally, freelancers and SMBs earn over $5T each year. On average, they must wait 90 days or more to receive payment for their work! Aside from predatory financing sources, such as payday lenders, freelancers and SMBs have few options. Qwil’s payments and liquidity platform provides a new option that allows freelancers and SMBs to get paid the minute their invoice is approved. With Qwil, Freelancers and SMBS have access to convenient and cost-effective financing, enabling them to grow their businesses.
We believe building a sustainable highly profitable business requires acknowledgment of providing a material benefit to society as a whole. To cement this into our DNA we formed Qwil as a public benefit corporation and wrote the following words into Qwil’s corporate charter:
"The purpose of [Qwil] is to create a material positive impact on society, taken as a whole.”
This means we consider our stakeholders to be our employees, customers, investors as well as society as a whole. By enabling cost-effective and convenient access to financial services for freelancers and SMBs, we can enrich the lives of our customers, the companies they work for and the customers of those companies. Everyone in the Qwil tribe is driven to solve complex problems, that have a massive positive impact on the world and to do so with awesome people. This positive sum value chain is how we define success.
Delivering Qwil’s service requires novel technology across originating (discovery), underwriting (decision) and servicing (funding and collecting) to deliver financial services to freelancers and SMBs. Our approach requires modern predictive analytics, high-performance APIs, flexible and adaptable data ontologies and rules engines, comprehensive automated testing, and thoughtfully architected audit logs. We don't expect there will ever be a boring day!
We believe the most valuable investment we can make, and the greatest boost we can give to your career, is to build an outstanding team of colleagues who are passionate about our mission. We offer the following benefits and will continually evolve them with the goal of efficiently attracting, retaining, and leveraging the very highest quality talent:
Our passionate, capable team will always be our #1 benefit
Highly competitive compensation (base, bonus, and equity)
Top-of-the-line computer equipment and other customized work space tools for you
Health, dental, and vision benefits for you and your family
Unlimited vacation policy so that you're able to recharge when you need it most
Ability to expense gym memberships, yoga classes, and other health and wellness activities
Generous parental leave for all parties involved. Spending time with your children is extremely important to us.