Quahl

Company Overview

Snapshot

Founded in May 2018 by Saar Wilf and Oren Bajayo, Quahl operates with 1–10 employees. The company is currently in a Pre-Funding stage. In March 2019, Quahl launched its mobile application, expanding its reach for its payment network.

Business overview

Quahl is developing a modern payment network designed to facilitate safe, fast, and seamless transactions using a new global currency called Q. The company aims to incentivize early adoption by offering its currency for free, addressing initial user hesitancy and promoting widespread use. Quahl operates within the Fintech & Insurtech sector, focusing on money transfer and management, and serves the consumer market.

Strategic signal

In January 2022, Quahl ceased operations, indicating a significant shift in its business trajectory. This development signals to investors and innovation teams that the company is no longer active in the market, marking the end of its efforts to establish a new global currency and payment network.

Company Intelligence Q&A

What is Quahl's primary focus?

Quahl is focused on creating a modern payment network that enables safe, fast, and painless transactions using a new global currency called Q.

When was Quahl founded and by whom?

Quahl was founded in May 2018 by Saar Wilf and Oren Bajayo.

What is the current operational status of Quahl?

Quahl ceased to operate in January 2022.

Did Quahl launch a mobile application?

Yes, in March 2019, Quahl launched its mobile application, which was designed to expand the reach of its payment network.

What was the incentive for early adopters of Quahl's currency?

Quahl planned to make its currency, Q, free to early adopters to counter initial user hesitancy and promote adoption.