Whillet Verified Company

Palo AltoUnited States

Founding Year 2021
Team Size 10-49
Cost of Services Not revealed

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.

Profile strength: Below Average

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Whillet lacks more convincing data about their portfolio, has no or less client reviews and an incomplete description of their business It could be that Whillet does a great job in reality, but the lack of transparency should encourage you to continue the search.

Locations

HEADQUARTERS

El Camino Real Building 4
Palo Alto 94306
United States

Speciality

Main Services Focus
  • Finance & Accounting Outsourcing (FAO)

Client Focus

  • 20% - Small Business ($500k - $1M)
  • 20% - Mid-market ($1M - $10M)
  • 20% - Enterprise (>$10M)
  • 20% - General partnership ($200k - $500k)
  • 20% - Starting to scale (<$200K)

Industry Focus

  • Business services
    25%
  • Financial services
    25%
  • Consumer products & services
    10%
  • eCommerce
    10%
  • Education
    10%
  • Retail
    10%
  • Transportation
    10%
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Whillet Stats
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You can learn more about company stats on TechBehemoths in this article.

General

How Whillet compares to other companies based on profile strength?

See how Whillet is positioned among 21894 companies from United States based on profile strength. A below-average rate is tricky. It might be that they are still good, but not paying too much attention to their business profile.

Pricing

How much does Whillet charge for their services compared to other companies in United States and Palo Alto?

Whillet is one of those companies that decided to not disclose their pricing. We do not know the exact reason, but we assume their price range can be pretty flexible, depending on each project and client, that is why. Rise this topic once you will discuss it with them.

Services

How many services does Whillet provide compared to other companies?

Whillet covers 1 services in their current region or area. This means that the company offers a limited range of services compared to their competitors. This is not necessarily a bad thing. It can be that the company is rather focused on a few things and does it well, instead of spreading too much.

Year

When was Whillet founded?

Whillet was founded in 2021. According to TechBehemoths data, 159 companies were founded in United States in that year. Compared to other companies, Whillet is relatively new in the market. Their most critical years of operations are successfully passed. This adds a bit more trust and confidence. Their eagerness and extra mile to prove is still definitely worth taking into consideration.

Portfolio

No Portfolio yet
TechBehemoths Tip:

Having now reviews yet might be ok to trust, but having no portfolio...it's a little risky. We highly advice to look for another company. Better safe than sorry.

No Service Reviews yet
TechBehemoths Tip:

Every company has its start. These guys don't have any reviews yet, but you may give them a chance. They could excel, to make you a happy client. But, you may also consider other companies, with a proven track record too. To be safe.

Contact the company directly

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