Whillet
Founded 2021
About Whillet
Whillet is a new generation fintech solution. It provides embedded finance services allowing clients to open digital wallets for their users and to manage them using application programming interface (API) integration. As a BaaS provider, Whillet handles all licensing requirements, relieving the client of that responsibility. The fintech solution from Whillet enables across the board installation and support for all processes. This includes websites, apps, marketplaces and other platforms set up for client users, facilitating such things as bank accounts, electronic money accounts and bonus accounts. Customer wallets can be accessed in a variety of ways, such as via a mobile app or through a website. The embedded finance technology allows clients to substantially increase revenue and improve unit economy indicators. A good example of how Whillet works is by employing multilevel processing solutions for loyalty programs while, simultaneously, partners get easy management of customized loyalty programs, thereby rewarding regular users with bonuses and real money which they can spend on further purchases. Multi-billing facilities enable payments to be distributed among all participants in the sales process - the customer, suppliers, store (or site), couriers, and so on. This automated system saves companies time for pursuing more important strategic tasks. A branded, customized wallet can include any methods of depositing and withdrawing money that the customer chooses. Debit and credit cards, mobile payments, e-money, transfer money providers, and so on. All of the above will be provided as an integrated link in the customer's account. Whillet's prime focus is on the B2B and B2C markets. The company works with marketplaces, sharing platforms, retail chains of various sizes, car dealerships, insurance and travel companies, postal service providers, contractor-user and production-delivery-customer models, car parkings, fines payments, license acquisitions, online stores, freelance exchanges, taxi companies, and gas stations - the list of possible uses just goes on and on. Whillet, based in Palo Alto, California, has a highly professional team with experience of serving more than 2000 partners worldwide - that’s over 30 million open wallets and more than 10 million transactions carried out each and every day.
Company Facts
- Founded: 2021
- Legal name: Whillet Inc.
- Operating status: Operating
- Company type: For Profit
- IPO status: Private
- Employees: 1 – 10
- Estimated revenue: $1K – $10K
- Website: whillet.com
- Phone: [email protected]
Social Profiles
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