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QWQ logo — QWQ enables every shop in the neighborhood to act as a “virt...

QWQ

QWQ enables every shop in the neighborhood to act as a “virtual ATM” using just a smartphone or its POS-system.

Founded 2020 Jordan Jordan 10 employees Pre-Seed Total: $300.00K Financial Services, Fintech +1

General Information

Company Name QWQ
Founded Year 2020
Location Jordan Jordan
Employees 10
Industries Financial Services, Fintech, Banking
Funding Stage Pre-Seed
Social

BounceWatch is an independent company data service, not affiliated with QWQ. To contact QWQ, visit qwq.cash.

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About QWQ

QWQ is a fintech startup that enables every shop in the neighborhood to act as a “virtual ATM” using just a smartphone or its POS-system. It democratizes the process of cash distribution in order to reduce the “cost of cash”. - Network Building QWQ is a location-based matchmaking platform that connects those who want to withdraw cash with those who want to deposit cash – typically a local shop owner. It builds a community around local businesses and helps them generate physical leads. - Smart algorithm and an amazing user experience QWQ Value Proposition summary: local shops will not only have less cash to manage at the end of the day but also earn a commission & attract new customers by offering a new service and having access to an additional marketing channel -Leads and new revenue stream. individuals can avoid an extra trip to the ATM and withdraw money at the click of a button – wherever they are: in a restaurant, a cafe, their favorite local shop,.... - User Convenience. banks and E-wallets can reduce ATM operation costs & complement their ATM network – or even enter new markets without investing significant capital. On top of that, they can leverage a new revenue channel and get closer to their customers. - Scale and expansion

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $300.00K -
01 Jun 2020

QWQ Alternatives & Competitors

QWQ vs
SONECT
SONECT Switzerland

Sonect reduces today's cost of cash, while paving the way to a digital future.

Series A
19 employees
Finance, Financial Services

FAQ About QWQ

QWQ enables every shop in the neighborhood to act as a “virtual ATM” using just a smartphone or its POS-system.
QWQ was founded in 2020.
QWQ is headquartered in Jordan.
QWQ operates in Financial Services, Fintech and Banking.
QWQ has approximately 10 employees.
QWQ has completed 1 funding round, raising a total of $300.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to QWQ include SONECT. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
QWQ and SONECT 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.

Source: BounceWatch company record for QWQ, https://bouncewatch.com/company/qwq, updated 27 October 2024. When citing, please name BounceWatch and link this page.

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