Consul

The Stablecoin Payouts Platform

Y CombinatorWinter 2024ActiveFintechPaymentsFintechPayments

What they do

Problem

Online businesses struggle to make fast, low-cost cross-border payouts to users and contractors through traditional payment rails.

Solution

Consul provides a stablecoin-based payouts platform that lets companies send payments easily using stablecoins.

Who it's for

Marketplaces, agencies, and startups that need to pay out to workers, creators, or sellers.

Founders

David Lalor

Co-Founder, CEO

Co-Founder/CEO at Consul. Before Consul, I started my first company, Virra, at 16 and did half a million in annual revenue, studied computer science and economics at Stanford (before dropping out to start Consul), and worked as an engineer at Intercom. From a small village in Ireland.

LinkedIn · X

Rakeeb Hossain

Co-Founder, CTO

Co-Founder/CTO at Consul. Before Consul, I studied computer science and math at the University of Waterloo, worked at Snap and Tesla Autopilot, and built brokerage infrastructure at Finary. I also built Memsnap, which was accepted to ASPLOS 2024 (https://dl.acm.org/doi/abs/10.1145/3620666.3651334).

LinkedIn · X