In October 2021, Qwil, a fintech that provides early payments to staffing firms and managed service providers, and Talent Solutions TAPFIN, a managed service provider for contingent workforces, launched a partnership creating a technology enabled early-payment solution for staffing firms.
LSQ, a provider of working capital finance and payments solutions, acquired Qwil, a San Francisco-based financial technology company that provides early payments to staffing firms.
LSQ, a provider of technology-driven working capital solutions, highlighted its key achievements for 2020, including the continued growth of its LSQ FastTrack working capital platform and its origination of more than $188 million in AR financing.
LSQ added Vikas Shah as executive vice president of supply chain finance. Shah will lead the development of the company’s supply chain finance platform, LSQ FastTrack.
Alternative funder LSQ plans to relocate its headquarters from Maitland, FL to downtown Orlando. Scheduled to commence Friday, April 05, 2019, the move will relocate LSQ’s 130-person staff to the second floor of Landmark Center One.