Qori
- Company typePrivate
- Founded2021
- HeadquartersParis, France
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Qori firmographics
Firmographics- Name
- Qori
- Legal name
- Sylq
- Website
- https://qori.me
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Qori industry classification
Industry- Product category
- Cryptocurrency Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto Merchant Acquirers & PSPs (Payment Service Providers) (FSADAIAB)
- akta.pro secondary industries
- On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks (FSADAIAE), QR Code Payments Wallets (FSAMAEAC)
Keywords
Where Qori is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Markets served
Qori business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Transaction Fees: Qori charges transaction fees on crypto-to-fiat conversions. The platform claims fees are 5x more affordable than other crypto payment methods. Revenue is generated as a percentage or fixed fee per transaction processed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard transaction fee model |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Qori product offering
Product offeringCore offering
Qori provides a crypto-to-fiat payment solution that allows merchants to accept cryptocurrency payments on POS terminals or mobile devices (iOS/Android) via QR codes or payment links, with real-time conversion to fiat currency and daily bank account settlements. Merchants do not need to hold a crypto wallet, as payments are automatically converted and deposited in fiat the next business day. The platform has since been rebranded to Sylq.
Product overview
Qori is a single unified product offering that provides crypto-to-fiat payment processing for merchants. The platform consists of a mobile app (available on iOS and Android) that enables merchants to accept cryptocurrency payments via QR codes or payment links, with automatic conversion to fiat currency and daily bank account settlements. The product has been rebranded from Qori to Sylq.
Differentiator
Problem solved
Functional benefit
Products and services
- Qori Crypto Payments (now Sylq) A mobile-app-based payment platform that lets brick-and-mortar and online merchants accept a wide variety of cryptocurrencies via QR codes or payment links, automatically converting them to fiat currency and depositing the funds into the merchant's bank account the next day. Available on iOS and Android.
Quantifiable outcome
- Fees are 5x more affordable than other crypto payment methods
Companies that use Qori
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
Qori technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Qori partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Qori competitors and assessment
Company assessmentDirect peers
- Coinbase Commerce: Coinbase's merchant-facing crypto payment gateway that lets online and brick-and-mortar merchants accept crypto and settle in fiat. Directly competes with Qori/Sylq in the same product category, serving SMB merchants with similar no-custody, fiat-settlement functionality.
- BitPay: One of the longest-established crypto payment processors, offering crypto acceptance with fiat settlement for merchants globally. Directly comparable to Qori on core functionality (crypto-to-fiat, POS, invoicing) and target market (SMB and enterprise merchants).
- CoinGate: European-domiciled (Lithuania) crypto payment gateway with POS, e-commerce plugins, and fiat settlement. Operates in the same regulatory environment as Qori and targets a similar SMB merchant base with comparable crypto-to-fiat service.
- NOWPayments: Non-custodial crypto payment processor offering global merchant acceptance with fiat settlement options. Competes head-to-head with Qori on multi-asset support, low fees, and ease of merchant onboarding.
- BTCPay Server: Open-source self-hosted crypto payment processor used by merchants who want direct on-chain settlement. While it requires more technical setup than Qori, it is a direct alternative for merchants evaluating no-custody crypto acceptance.
Broad incumbents
- Alchemy Pay: Singapore-based hybrid crypto-fiat payment network with broader reach into Asia and emerging markets. Competes with Qori in merchant crypto acceptance but operates at a larger scale with cross-border settlement ambitions.
- Binance Pay: Crypto payment service from Binance ecosystem enabling merchant acceptance of multiple cryptocurrencies. A much larger, exchange-affiliated competitor that overlaps with Qori in merchant crypto-to-fiat functionality, though with regulatory headwinds.
Emerging players
- Strike: Bitcoin-native payments app expanding into merchant tools and global remittance. Overlaps with Qori on merchant acceptance of BTC with fiat settlement, but Strike has stronger US presence and Lightning Network focus.
- Triple-A: Licensed crypto payment gateway for businesses offering crypto acceptance with fiat settlement. Closely comparable to Qori in regulatory positioning and SMB merchant focus, with overlapping geographic footprint in Asia and Europe.
- OpenNode: Bitcoin payments processor with Lightning Network focus serving merchants and enterprises. Comparable to Qori on crypto acceptance and fiat conversion, though differentiated by Lightning-first architecture and stronger developer tooling.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
Qori social profiles
Digital presenceQori financial estimates
Financial estimateRevenue estimate
Valuation estimate
Qori leadership team
Management profileNumber of profiles
Profiles8 records
Qori funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Qori M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Qori
What does Qori do?
Qori provides a crypto-to-fiat payment solution that allows merchants to accept cryptocurrency payments on POS terminals or mobile devices (iOS/Android) via QR codes or payment links, with real-time conversion to fiat currency and daily bank account settlements. Merchants do not need to hold a crypto wallet, as payments are automatically converted and deposited in fiat the next business day. The platform has since been rebranded to Sylq.
Is Qori a public or private company?
Qori is a private company. It is classified as venture growth investor backed and is currently operating.
When was Qori founded?
Qori was founded in 2021. It employs 1 to 10 people.
Where is Qori based?
Qori is headquartered in Paris, France, in the Europe region.
How does Qori make money?
One revenue line is on record: transaction Fees.
Who are Qori's main competitors?
Direct peers on record are Coinbase Commerce, BitPay, CoinGate, NOWPayments and BTCPay Server. Broad incumbents are Alchemy Pay and Binance Pay. Emerging players are Strike, Triple-A and OpenNode.
Does Qori have an API?
No public API is recorded for Qori.
What industry is Qori in?
Qori's product category is Cryptocurrency Payment Processing. Its primary akta.pro industry code is FSADAIAB, Crypto Merchant Acquirers & PSPs (Payment Service Providers), with a secondary code of FSADAIAE, On/Off-Ramp Providers (Fiat↔Crypto) & Cash-In/Cash-Out Networks. Its NAICS code is 52232 and its SIC code is 6200.