Ruul is a billing and payment collection platform that acts as a Merchant of Record for freelancers, enabling them to invoice clients globally without the need for a registered business entity. By managing client onboarding, invoicing, and compliance for payments in 190 countries, Ruul streamlines the payment process and reduces administrative burdens for independent professionals.
Funding
Funding not disclosed
Founders
Product
Problem
Freelancers and independent contractors often face challenges with invoicing clients, collecting payments, and managing international sales tax compliance, especially when working with clients in multiple countries and currencies. This administrative burden can distract from their core work and create complexities in financial management.
Solution
Ruul acts as a Merchant of Record, enabling freelancers to invoice clients globally and receive payments without needing a registered business entity. The platform handles client onboarding, billing, and payment collection in 190 countries and supports payouts in 140 currencies. By managing sales tax and compliance, Ruul reduces paperwork and administrative tasks, allowing independent professionals to focus on their core services. Ruul offers features such as B2B invoicing, support for local and international payment methods, and crypto payouts, providing a comprehensive solution for global freelance payment management.
Target Audience
Ruul primarily targets freelancers, independent contractors, and other independent professionals who require a streamlined solution for invoicing, payment collection, and tax compliance when working with international clients.
Features
- Merchant of Record services for compliant global transactions
- Client onboarding and management
- Automated invoicing and payment collection
- Handling of global sales tax and compliance
- Support for 190 countries and 140 currencies
- B2B invoicing for client accounting
- Crypto payout options
- Early Pay feature for faster access to funds
- CRM & analytics to track performance
- Client notifications