Introducing Qwil’s New Vertical — Fuel for the App Economy

Jamie Maynard
Qwil
Published in
2 min readMay 15, 2018

--

Without further delay, Qwil is pleased to announce that we are now providing Fuel for the App Economy with instant platform payments and immediate access to accrued earnings for app developers. What does this mean? You can now avoid those soul crushing 30–60+ day payment delays from Apple/Google/Ad Networks and collect earnings whenever you’d like — the way it should be.

A Massive Problem

We’re diving into a marketplace that’s growing 30%+ annually, generating over $80 Billion in global in-app-purchase and ad revenue in 2017 alone. Regardless of its sheer size and resources, the App Economy is still plagued by incredibly long payment cycles requiring app developers to wait 30–60 days for their earnings. We see this as a win-win opportunity to provide ongoing liquidity to millions of app developers so that they can have the flexible capital to achieve rapid growth.

Unlock Your Accrued Earnings

Consistent with Qwil’s broader mission as a public benefit corporation, Qwil is pro app developer. App developers using Qwil for financing need not worry about racking up accrued interest payments, handing away 20–40% of their company to investors, or signing a perpetual 40–70% rev share contract with a publisher. Qwil charges a simple one-off transaction fee to app developers empowering them to collect their earnings whenever they want. Think of Qwil like a global, 24/7 ATM for accrued and unpaid earnings — a money tree whose buds are always ripe for a shake, per se.

Global Coverage and No Minimums

Qwil can serve app developers in over 200 countries and provide funds in more than 25 local currencies. Fear not if you’re an individual dev in the US, Zimbabwe, Nepal, or Micronesia — we can fund you. It was important to us to be able to service app developers of all shapes and sizes. Thus, there are no minimum commitments with Qwil and we can provide liquidity whether you’ve earned $500 dollars last month or $10,000,000.

We’re on a mission to empower global app developers with the most efficient and cost effective capital in the world. We’re excited to announce our new offering and look forward to helping app developers grow their businesses.

For more info on Qwil’s instant payment solution for app developers, check out or shoot a note to jamie@qwil.co.

Team Qwil

Originally published at medium.com.

--

--

Providing on-demand liquidity to apps and digital media companies@ Qwil. Early stage investor, voracious consumer of content, overly florid writer, optimist.