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QwilMessenger
E-sign, video & chat messenger
Laurent Guyot
Co-Founder & CEO
About
Communication platform
Qwil is the world's first B2B SaaS instant messaging platform for financial companies. A banking-level platform for communication between employees and clients, storing all information between them.
More than 3,000 companies, 12,000 full-time employees and 1,000,000 clients of these companies use Qwil every day - from banks, funds to crypto companies that require compliance audits. For 5 years, not a single company using Qwil has returned to communicating via E-mail.
The undisputed UK leader with a global market potential of $82.36 billion. Extremely scalable and difficult to replicate proprietary SaaS platform - there are no direct competitors.
P.S. The SEC fined Bank of America, Citibank, JP Morgan and others more than $2B for using WhatsApp and violating obligations to retain all information between employees and clients. Qwil - solves this problem.
History of the company's creation
- Established in 2017. From secure & compliant "WhatsApp" alternative for financial institutions to the world's first B2B Saas all-in-one client communication platform for all types of professional service firms.
- As of 2023 Qwil Chat, file sharing & managing, e-signature & video meetings...replacing a lot of apps! Deployed to around 3,000 individual companies, 12,000 staff users and (eventually) up to 750,000 end client users.
- Meets the needs of all firms, all sizes and sectors. Sold over 600 licenses in 1 month on AppSumo US marketplace as a POc for indirect sales.
- Its clients include St. James' Place, Fidelity, NedBank, Global Block Digital Trading, and 100s of SMEs from
all sectors (medical, real estate, education, consulting, accounting, finance etc. - Benefits from automated deployment. It is globally scalable & hard-to-replicate proprietary SaaS platform - it has zero direct competitors. ISO 27001. HIPAA compliant. Cyber Essentials Plus. Patent granted.
- Circa $1m ARR from sticky or multiple year enterprise contracts. Huge opportunities to increase revenues and volume and capture market share in a high growth 100s billion $ "product" lead market. Raised $4.5m to date. Latest round raised £807k in January 2023 to shift to SaaS S&M model, building the inbound and outbound sales platform & automated platform.
- It has a team of 10 staff!
Solving professional firms greatest challenges
- Security & Compliance. A walled garden for verified staff and clients to communicate with a full audit trail. Control and banking security.
- Saving the Toggle tax. All-in one client communication platform for staff to chat, share documents, e-signatures & video calls.
- Staff & Client expectations. A professional "WhatsApp" alternative for staff & clients.
Single professional application
Our vision is a convenient application for employees, clients and landlords to create a network effect and optimize time.
WhatsApp alternative
Social / Traditional (Not Authenticated)
Out of control of the business (Shadow IT) with no audit trail. Security is not ensured despite encryption, as user identity is not verified. Increases risk of data breach and fines.
Internal / Org. to Org. (Not for Clients)
These application types are collaboration platforms designed primarily for 1 user type (staff) which can invite limited external guests (customers = staff) to channels to work on projects.
Banking level platform
- Invitation only branded platform designed for 2 user types staff & clients
- User address book defined by the firm to ensure privacy & confidentiality
- Co-ordinated multi-party chats can be created according to pre-defined rules with full audit trail
- Users can share & store files & images securely, request signatures & broadcast
Watch the demo version.
Strengths
The application is deployable in minutes, and it enables endless integrations and automations into ecosystems.
Confidentiality and reliability
Enterprise security and compliance are available to companies of all sizes. Qwil takes care of this.
Cost savings and efficiencies across the board
$30 per staff/month
Total Addressable Market
Qwil is ideally positioned to capture a % of each "single use" market.
Strategy
Qwil sales strategy: shifting from a "solution" for enterprise to a scalable SaaS product for all sectors and geographies.
Strategy in numbers
Largest UK financial adviser network - 15% of UK market including St James Place.
- Sales process (Enterprise):
- June 2019: Agreed to pilot
- Dec 2010° Intosec & risk done
- March 2020: Commercials agreed
- April 2020: Deployment 6500 staff in 3 weeks
- Dec 2020: Integration in Salestorce - Statistics June 2023:
- 2,875 tenancies (independent companies)
- 6 485/8.500 statt contract
- 2,723,831 messages sent
- Adding up to 850,000 clients
Largest marketplace for Entrepreneurs for discounted deals using Appsumo as an example.
- Sales process (Marketplace)
- March 2023: Selected by AppSumo, commercials agreed, landing page, materials and video
- April: Fully automated workflow with code checking, new APIs for deployment
- May: Launch with email campaign, self serve. - Statistics June 2023:
- Day 1: 50 licenses
- Week 1: 220 licenses
- 30 days: 450 licenses
- 6 June: 603 licences, 140+ companies from Medical, law, tax, consulting, Web, Education, Real-estate (70% US)
Simple SaaS Pricing increased in line with features
Ability to restrict features, self-serve & billing in Q4 & opens up plan flexibility.
Roadmap
Completing features & self serve management.
More than 2,800 clients
Company certificates and licenses
Details
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Documents
QwilMessenger
E-sign, video & chat messenger