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SQRL
Sqrl, a Cincinnati-based company founded in 2013, offers a web application for managing client information and communication. The platform serves companies,...
SQRL
Sqrl, a Cincinnati-based company founded in 2013, offers a web application for managing client information and communication. The platform serves companies, startups, and enterprises. Sqrl has secured $550,000 in total funding.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
—
Corporate office
—
Sector focus
Frequently asked questions
How does SQRL move user money, and who holds the funds?
SQRL moves money only between a user’s own checking and savings accounts at an accredited US bank or credit union. The company has not disclosed a banking license, custody partner, or trust structure. Transfers are triggered weekly, based on step counts, and the savings remain in the user’s existing bank account.
Who operates SQRL, and when was the company founded?
SQRL has not publicly disclosed its founders, management team, or incorporation date. The firm’s website and available public records provide no information about the individuals behind the product.
What regulatory registrations does SQRL hold?
SQRL has not published any registrations with the SEC, FINRA, or state banking regulators. Because the app moves funds solely between a user’s own bank accounts without holding customer balances, it may operate outside the scope of money-transmitter licensing, but no regulatory posture has been confirmed.
What is SQRL’s business model?
SQRL has not disclosed a revenue model. There is no mention of subscription fees, interchange revenue, directed spending offers, or asset management fees. The savings transferred are user-owned and remain in personal bank accounts, implying that monetization, if any, is not fee-based on the savings themselves.
Is SQRL an investment manager or family office?
No. SQRL presents as a consumer wellness application, not an asset manager or family office. It does not pool capital, offer investment products, or manage portfolios. The service automates transfers between a user’s own deposit accounts.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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