Quisk

What Quisk does

Quisk is a private, venture-backed financial technology company founded in 2007 and headquartered in Sunnyvale, California. Per its firmographic profile, Quisk's stated mission is to digitize cash and enable financial institutions and other organizations to operate within the mobile economy. The company is small (11–50 employees) and self-positions as a "global technology company," although no specific international offices, partner banks, or customer logos are disclosed in the available source material. A web presence is maintained at quisk.co.

The available input describes Quisk's capital history rather than its product architecture: the company participated in the Plug and Play accelerator in April 2011 (Series 1, undisclosed dollar amount), then closed a $5M Series A led by Acadia Woods Partners in July 2011. Two subsequent follow-on rounds of $6.25M each were recorded in September 2013 and September 2014, bringing total disclosed funding to approximately $17.5M. No additional funding events, product launches, M&A activity, partnerships, or leadership changes are recorded in the input for the period after September 2014.

The company is led by co-founder Jorge Fernandes, with Steve Novak serving as chairman. Detailed product descriptions, pricing, customer mix, and revenue figures are not present in the source material. The input also contains a large block of aggregated content describing "Sunwin," a Vietnamese online gaming platform owned by Suncity Group — this appears to be data contamination from a separate source and is not used to characterize Quisk.

Name

Quisk

Legal name

Sunwin

Website

https://quisk.co

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Quisk is a private Sunnyvale-based fintech founded in 2007 that digitizes cash, enabling financial institutions and other organizations to participate in the mobile economy. It has raised approximately $17.5M since 2011.

Ownership category

akta.pro rank

Product category

Mobile Payment Technology

NAICS

Computer Systems Design and Related Services (54151)

akta.pro primary industry

SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI)

akta.pro secondary industry

Technology, Software & IT Services (FSABACAJ)

Keywords

• Mobile payments
• Cash digitization
• Financial services platform
• Digital banking solutions
• Fintech infrastructure

Headquarters

HQ city

Sunnyvale

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Gaming Transaction Fees (House Edge): Sunwin generates primary revenue through the mathematical house edge built into all games including card games (Tiến Lên Miền Nam, Xì Tố, Phỏm, Mậu Binh, Xì Dách), Tài Xỉu, slot machines (Nổ hũ), and casino games. The platform takes a percentage on each wager or maintains a statistical edge ensuring long-term profitability.
2. Deposit/Withdrawal Processing: Revenue generated through payment processing on deposits and withdrawals, including various methods: bank transfer, code pay, phone cards, e-wallets, cryptocurrency, and gift codes. Transaction fees or spreads applied on fund transfers.
3. Sports Betting Margins: Revenue from sports betting on leagues including Premier League, La Liga, Champions League across football, basketball, tennis with various bet types (Asian handicap, European odds, Over/Under) with built-in margin.
4. Lottery/Lô đề Services: Revenue from lottery and number betting including 3-region lotteries (3 miền), combination bets (lô xiên), speed lottery (lô siêu tốc), Keno with payout ratios.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Quisk is a global technology company that digitizes cash and empowers financial institutions and others to prosper in the mobile economy. The company provides technology infrastructure enabling cash-based financial services to be extended into mobile and digital channels for banks, credit unions, and other financial institutions.

Product overview

Sunwin operates as a comprehensive online gaming and betting platform offering multiple product categories: card games (Tiến Lên, Xì Tố, Phỏm, Mậu Binh, Blackjack), dice betting (Tài Xỉu in MD5 and Livestream variants), slot/jackpot games (Nổ Hũ), live dealer casino, sports betting, and lottery. The platform is accessible via web browser and native mobile apps (iOS/Android). It features real-time transaction processing using CDN and WebSocket technology, with support for multiple payment methods including bank transfer, e-wallets, and prepaid cards.

Differentiator

Problem solved

Functional benefit

Products and services

• Cash Digitization Platform

Quantifiable outcome

• Transaction processing time: 3-5 minutes for most deposits/withdrawals
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Suncity GroupcoreOthers · 1 January 2012Suncity Group is the parent company that established Sunwin in 2012. The platform operates under Suncity Group's umbrella with operations across Asia.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Dwolla: Dwolla provides an account-to-account payment API used by banks, fintechs, and digital platforms to move money. It overlaps with Quisk on the FI-focused digital money movement stack, with comparable B2B SaaS-style go-to-market.
• PayNearMe: PayNearMe operates a cash-digitization and bill-payment platform that lets consumers fund accounts with cash at retail, processed through FI and biller integrations. This is the closest direct functional analog to Quisk's 'digitize cash for financial institutions' value proposition.
• Ingo Money: Ingo Money provides instant funds, push-to-card, and cash-to-digital payment rails used by banks, lenders, and fintechs. Its focus on turning paper/cash instruments into digital funds makes it a directly comparable cash-digitization peer to Quisk.
• Payit: Payit is a digital government and bank disbursement platform enabling citizens to receive, hold, and spend funds digitally; it touches the same account-funding and cash-to-digital flows that Quisk addresses for FIs.

Broad incumbents

• Green Dot Corporation: Green Dot is a large bank/fintech hybrid best known for prepaid debit cards and cash-loading at retail through Walgreens, Walmart, etc. It serves the same FI-customer cash-digitization use case as Quisk but at materially greater scale and as a publicly traded incumbent.
• Plaid: Plaid provides account-connectivity APIs that financial institutions and fintechs use to enable digital money movement. It addresses the same digital banking infrastructure opportunity as Quisk, but at significantly greater scale and breadth.
• Marqeta: Marqeta is a modern card-issuing processor whose platform powers fintech and embedded finance products. It is a broader incumbent in the FI/fintech infrastructure layer where Quisk operates, with adjacent rather than directly competing rails.

Emerging players

• Plastiq: Plastiq enables digital payments (including from cash and non-card sources) to be made to vendors normally paid by check. It overlaps with Quisk in the digital-payment rails targeting FI customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/quiskpay
• Xx.com/quiskpay
• LinkedInlinkedin.com/company/3476314

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quisk