Qwil predicts eight-figure transaction volume by the end of 2016
Johnny Reinsch · EP 505: Qwil.co Pre-Pays Contractors/Freelancers $10M in 2016 with CEO Johnny Reinsch · Dec 11, 2016 · at 7:21
Johnny Reinsch is the co-founder and CEO of Qwil.co, an advance payment platform for freelancers. He discusses 2016 projected volume with Nathan Latka.
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“We should be pushing you know, eight figures, I would imagine.”
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“Well it's always better to have in my opinion, you know, every, the team all in one place.”
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“I would say transaction volume is in low seven figures for the first year. That's a little misleading cause we haven't been live for that whole year. So that's actually transaction volume over the course of a few months.”
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“We find that somewhere between 25 to 50% of the advances that are offered or taken for various reasons.”