About HQ
HQ is a Financial Services company based in Singapore (Singapore) founded in 2022 by Satrughan Singh and Sharon Lourdes Paul, and was acquired by Gnosis in May 2025. It operates as a multiple crypto services like wallet and bookkeeping are provided online. HQ has raised $5 million across 1 funding round from investors including CoinHako, CRYPTO and Gnosis. Its chief executive is Sharon Lourdes Paul. HQ offers products and services including Onchain Business Account, Corporate Cards, and Bulk Token Payouts. Its focus areas include FinTech, Cryptocurrencies, Payments and Diversified. Its legal entity is SUGARROLL PTE. LTD. Its competitors include Ripple, BitPay, Coinify, IOTA and RYVYL and 5 more; 6 of its 10 listed competitors have raised funding.
Company details
Headquarters was founded in 2022 in Singapore as an online platform focused on cryptocurrency operations. Services such as a digital wallet, bookkeeping tools, and payout processing are offered to users. Multiple transfers are enabled within a single transaction, while transaction records are automated for efficiency. The platform supports various crypto-related activities from its base in Singapore.
Products & Services of HQ
HQ offers a comprehensive portfolio of products and services, including Onchain Business Account, Corporate Cards, and Bulk Token Payouts.
Dashboard for unified crypto payments and accounting operations
VISA debit cards for spending stablecoins globally
Feature for transferring tokens to multiple wallets efficiently
Funding Insights of HQ
HQ has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5M
- Total Rounds 1
- Last Round Seed — $5M
- First Round $5M
(Sep 2022)
- Investors Count 14
All 1 funding rounds of HQ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $5M | Seed | – | CRYPTO, Forge Ventures |
15 investors in total: 10 institutional and 5 angel.
Investors in HQ
HQ has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include CoinHako, CRYPTO and Gnosis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are provided to early-stage startups. | – | forge.vc | Singapore, Singapore | |
Corporate-backed venture capital fund | – | massmutualventures.com | Boston, United States | |
Venture capital firm focused on pre-seed to series B stage companies | – | saisoncapital.com | Singapore, Singapore | |
LongHash Ventures is focused on bootstrapping Web3 ecosystems. | – | longhash.vc | - | |
An investment fund focused on crypto and Web3 startups is managed. | – | ocular.vc | Southeast Asia | |
Tech investments are made stage-agnostically in China and the US. | – | sky9capital.com | Shanghai, China | |
Venture capital firm investing in web3 technology startups | – | dwf-labs.com | Singapore, Singapore | |
App-based trading and deposit solutions for cryptocurrency are provided. | 2016 | crypto.com | Singapore, Singapore | |
Cryptocurrency exchange services are offered through a mobile app. | 2014 | coinhako.com | Singapore, Singapore | |
Multiple cryptocurrency financial services are provided via decentralized platforms. | 2015 | gnosis.io | Gibraltar, Gibraltar |
Investor details for HQ
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of HQ
30 people are tracked at HQ (2 in leadership, 23 in board & advisors, 5 in team).
| Name | Role | Group |
|---|---|---|
Satrughan Singh | Co-Founder & CTO | Leadership |
Sharon Lourdes Paul | Co-Founder & CEO | Leadership |
Isaac Tay | Advisor | Board & advisors |
Andrew Vranjes | Advisor | Board & advisors |
Loh Zheng Rong | Advisor | Board & advisors |
Bernard Leong | Advisor | Board & advisors |
Ruiwen Chua | Advisor | Board & advisors |
Amos Goh | Advisor | Board & advisors |
Mohan Belani | Advisor | Board & advisors |
Yiming Ng | Advisor | Board & advisors |
Goh Yiping | Advisor | Board & advisors |
Royston Tay | Advisor | Board & advisors |
Matthew Dibb | Advisor | Board & advisors |
Shiyan Koh | Advisor | Board & advisors |
Chris McCann | Advisor | Board & advisors |
Tianwei Liu | Advisor | Board & advisors |
Alrick Koh | Advisor | Board & advisors |
Timothy Kua | Advisor | Board & advisors |
Shannon Chaluangco | Advisor | Board & advisors |
Alex Svanevik | Advisor | Board & advisors |
10 more people are available in the full profile.
Complete people profiles for HQ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of HQ
3 dated milestones of HQ across 3 years, from founding to its latest funding, stage changes and deals.
- Founded HQ is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by Gnosis.
Competitors of HQ
HQ has 10 listed competitors in our database, 6 of them funded. They include Ripple, BitPay, Coinify, IOTA and RYVYL, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ripple.com | 2012 | San Francisco, United States | $352.68M | 554 | Blockchain-based payment network for cross-border transfers is developed. | |
| bitpay.com | 2011 | Atlanta, United States | $102.51M | 60 | Crypto payments are managed via apps for users and merchants. | |
| coinify.com | 2014 | Copenhagen, Denmark | $13.53M | 38 | Crypto-based payment solution for consumers and businesses | |
| iota.org | 2016 | Berlin, Germany | – | – | Decentralized infrastructure is developed for building and securing digital interactions. | |
| ryvyl.com | 2017 | San Diego, United States | – | 110 | Blockchain infrastructure is delivered for payments and banking solutions. | |
| zebec.io | 2021 | San Francisco, United States | $29.5M | – | Cryptocurrency payments and transactions are enabled through the platform. | |
| transfi.com | 2022 | Tampa, United States | $2.4M | – | Digital assets are purchased through a Web3 payment platform. | |
| bitnob.com | 2017 | Lagos, Nigeria | – | – | Bitcoin payment solutions are provided for individuals and businesses. | |
| bitt.com | 2014 | Bridgetown, Barbados | $24.5M | – | Digital assets are exchanged and traded via a high-frequency platform. | |
| xcelpay.io | 2018 | Malta, United States | – | – | XcelPay offers an app-based payment solution for seamless cryptocurrency transactions. |
Detailed competitors of HQ
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Cryptocurrencies
10 companies that operate in the same segment as HQ (Cryptocurrencies), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | – | 1,212 | |
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | – | – | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Cryptocurrencies are traded and exchanged through an online platform. | 2014 | Mexico City, Mexico City, Mexico | USD 331.35 M | – | 884 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 217 | |
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M | – | – |
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Frequently Asked Questions about HQ
HQ was founded in 2022.
HQ is headquartered in Singapore, Singapore.
Sharon Lourdes Paul is the current CEO of HQ. They have also founded this company.
HQ is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Sep 2022.
Headquarters was founded in 2022 in Singapore as an online platform focused on cryptocurrency operations. Services such as a digital wallet, bookkeeping tools, and payout processing are offered to users. Multiple transfers are enabled within a single transaction, while transaction records are automated for efficiency. The platform supports various crypto-related activities from its base in Singapore.
HQ offers Onchain Business Account, Corporate Cards, and Bulk Token Payouts.
HQ has 15 investors. Key investors include CoinHako, CRYPTO, Gnosis, Forge Ventures, and MassMutual Ventures.
HQ operates through Sugarroll Pte. Ltd..
Yes. HQ was acquired by Gnosis in May 2025.