Consul was founded by David Lalor, Rakeeb Hossain in 2023.

Who are Consul's investors?

Consul's investors include DMZ Ventures, Y Combinator.

Where is Consul headquartered?

Consul is headquartered in New York City, US.

Consul

AcquiredYC W24

New York City, US · Founded 2023 · 2 employees · 2 known investors

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Consul enables global payouts in USDC stablecoins via email to contractors and team members across 180+ countries, designed for agencies, startups, and marketplace platforms. Recipients receive instant settlements without requiring crypto knowledge or wallet addresses, with costs significantly lower than traditional wire transfers.

Also known as Swift

Crypto & Web3 Fintech SaaS PaymentsUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W24)

Consul was founded in 2023 by David Lalor and Rakeeb Hossain.

David Lalor Co-Founder, CEODavid Lalor founded his first company at age 16, later worked as an engineer at Intercom, and studied computer science and economics at Stanford before co-founding and leading Consul.

Rakeeb Hossain Co-FounderHe holds degrees in computer science and mathematics from the University of Waterloo and has worked in engineering roles at Snap and Tesla Autopilot, as well as on brokerage infrastructure at Finary.

Investors · 2

DMZ Ventureslisted by DMZ VenturesToronto · $100K – $250K

How we know: DMZ Ventures's portfolio page · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Related companies · 5

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BoyaBoya is a financial technology platform that organizes business financial data to help growing businesses access better spending decisions, growth capital, and lower credit costs. The platform serves businesses of all sizes across various industries.

NomodNomod is a payment links platform that enables businesses to send payment requests via WhatsApp and accept payments through multiple methods including buy-now-pay-later, mobile wallets, and major cards. The platform serves businesses in the UAE with same-day payout capabilities and integration options for e-commerce and web platforms.

BuildStreamBuildStream provides candidate sourcing and data research services for recruiting teams, using multiple data sources and manual verification to compile verified contact lists that reduce reliance on multiple software tools.

AtratoAtrato Pago is a Mexican fintech providing point-of-sale credit financing that connects consumers with affiliated merchants, enabling customers to make purchases on installment plans while merchants increase sales through embedded lending.

Companies working in the same space as Consul.

Frequently asked questions

What does Consul do?: Consul enables global payouts in USDC stablecoins via email to contractors and team members across 180+ countries, designed for agencies, startups, and marketplace platforms. Recipients receive instant settlements without requiring crypto knowledge or wallet addresses, with costs significantly lower than traditional wire transfers.
Who founded Consul?: Consul was founded by David Lalor, Rakeeb Hossain in 2023.
Who are Consul's investors?: Consul's investors include DMZ Ventures, Y Combinator.
Where is Consul headquartered?: Consul is headquartered in New York City, US.