cwallet

cwallet

Empowering financial independence for unbanked and underserved communities, ensuring seamless payroll, payments, and remittances with ease and security.

Founded 2019 11-50 employees Non Equity Assistance Total: $1.60M Blockchain, Crypto +3

C Wallet Services is a fintech startup founded in 2019, dedicated to empowering financial independence among unbanked and underserved communities. Their slogan "Empowering financial independence for unbanked and underserved communities, ensuring seamless payroll, payments, and remittances with ease and security" encapsulates their mission. The company offers a range of services including payroll, payment, and remittance solutions, with a focus on ensuring timely salary disbursement and providing access to e-commerce platforms, including their own marketplace. Their platform caters to financially underserved communities such as unbanked and low-income migrant workers, domestic helpers, and blue-collar workers, in addition to supporting mSMEs, startups, and home-based businesses. Notably, Village Capital provided non-equity assistance investment to C Wallet Services on 13 April 2023. The company operates within the Blockchain, Crypto, Financial Services, Fintech, and Payments industries, aiming to deliver fast, secure, and convenient services for payments, payroll, and cross-border remittances through their mobile application.

Funding Stage	Amount	Investors	Lead Investors	Date
Non Equity Assistance	Undisclosed	1	Village Capital	13 Apr 2023
Non Equity Assistance	Undisclosed	1	Tenity	01 Sep 2022
Seed Round	$875.00K	2	MBK Holding, Angel.qa	15 Jun 2022
Pre Seed Round	$220.00K	1	MBK Holding	10 Jan 2021
Grant	$500.00K	-		06 Jul 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Non Equity Assistance

Undisclosed

Village Capital

13 Apr 2023

Non Equity Assistance

Undisclosed

Tenity

01 Sep 2022

Seed Round

$875.00K

MBK Holding, Angel.qa

15 Jun 2022

Pre Seed Round

$220.00K

MBK Holding

10 Jan 2021

Grant

$500.00K

06 Jul 2020

FAQ About cwallet

Empowering financial independence for unbanked and underserved communities, ensuring seamless payroll, payments, and remittances with ease and security.

cwallet was founded in 2019.

cwallet operates in Blockchain, Crypto, Financial Services, Fintech and Payments. Its work centres on Mobile Payments, Remittance Services, Payroll Solutions and Financial Inclusion. Its customers include Consumers and Merchants.

cwallet has approximately 11-50 employees.

cwallet has completed 5 funding rounds, raising a total of $1.60M. The latest funding stage is Non Equity Assistance.

cwallet offers: Cross-Border Payments, Mobile Payments, P2P Transactions, Prepaid Cards, QR Code Payments.

Top alternatives and competitors to cwallet include Faremit, Paystar Inc, Centbee, NEXTPLS, NOW Money. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

cwallet and Faremit are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About cwallet