Fundraising Fox

Consul

YC W24

New York City, US · Founded 2023 · 2 employees · 1 known investors

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 & Web3FintechSaaSPaymentsUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W24)

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

DLDavid Lalor
David Lalorin𝕏Co-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.
RHRakeeb Hossain
Rakeeb Hossainin𝕏Co-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 · 1

In the news

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 Y Combinator.
Where is Consul headquartered?
Consul is headquartered in New York City, US.