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Qwikwire empowers people in emerging markets to easily participate in e-commerce by expanding payments to the underbanked.

  • Stage Prototype Ready
  • Industry Financial Services
  • Location San Jose, CA, USA
  • Currency USD
  • Founded January 2013
  • Employees 5
  • Website

Company Summary

Less than 1B of the world’s 2.7B internet users have access to e-commerce because most do not have access to payments. Qwikwire provides payout solutions for cross-border merchants and marketplaces. It will empower people in emerging markets to be able to easily and instantly accept payments without the need to have bank accounts or credit cards. The goal is the globalization of e-commerce by expanding access to payments.


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    David Poarch
    CTO / Co-founder

    David is hacker-in-chief and blogger. He went to Rice University and Florida State University where he earned a CS degree (Summa Cum Laude). He can code in multiple languages and has worked for Northrup Grumman as a software engineer for their missile defense program.

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    Scott Yu
    CFO / Co-founder

    Scott earned a degree in Corp. Finance from San Jose State (Dean’s Scholar/Sbona Honors) and winner of the 2009 PwC business case competition. He worked as Senior Auditor at Deloitte and has experience in various industries such as SaaS, Manufacturing, and Venture Capital. He has been learning coding and helping with web development.

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    Ray Refundo
    CEO / Co-founder

    Ray has industry know-how in payments and money-transfer from his experience starting MoneyTran in 2005, an online money-transfer service for Filipino expats sending money back to their families in the Philippines. He earned his degree in Finance and Economics from San Jose State (Cum Laude/Dean’s Scholar) and worked in finance and marketing for 3 years.

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    Jason Foldi
    CMO / Co-founder

    Besides leading in marketing, Jason also works with David and Scott on Qwikwire's webapp. Jason graduated from San Jose State and has worked in finance for 3 years. He is a self-taught web designer and has done freelance web design while in college.


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