Qapital is a savings and personal finance platform that enables users to organize their finances in a single place by connecting to their online accounts. Using Qapital’s tools, users can assign certain financial rewards to daily goals like reducing spending at restaurants or grocery stores to cutting down on drinks out or doing more exercise.
PRODUCTS & SERVICES:
Gamification based savings app for millennials.
The app helps people to save money on their daily based goals.
Qapital uses "If This Then That" (IFTTT) triggers to create a gamified savings system for millennials. Qapital set up savings triggers to automatically put money toward savings goals every time when buy from Starbucks or walk another mile.
Erik Akterin, George Friedman, Fredrik Straat, Andreas Källbom, Henrik Wrangel
Board Members and Advisors:
Pär-Jörgen Pärson, Peter Read
NUMBER OF EMPLOYEES:
Alex Zubillaga, Charles Noonan, Entree Capital, Marcus Siezing, Northzone, Peter Read, Grape Arbor VC, Industrifonden, Tribeca Angels, Anthemis Exponential Ventures, Rocketship.vc, Tribeca Angels, Industrial Development Fund, Entree Capital, Swedbank Robur
George Friedman(CEO); Erik Akterin(CTO); Joseph Schlichter(COO)
VALUATION / MARKET CAP:
$23.07 MM in 2016
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company is planning to use the fund to expand its user base globally(April 2018).