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Launched on the simple idea that life is a series of tradeoffs and how you prioritize them leads to better spending and saving, Qapital is the only financial app redefining banking with your goals in mind. From payday to the moment you reach your goals, Qapital believes that how you save, spend, and invest should work together to help you find that perfect balance between present happy you and future happy you.Find your weekly Spending Sweet Spot, budget deposits across expenses and goals in just a few taps with Payday Divvy, simplify investing through a range of easy-to-understand options that fit different lifestyles, timeframes and risk tolerances, and explore resources and experiences that take your financial wellness to a whole new happiness level.
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.
Company offer free app services to customers
Lincoln Savings Bank
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.
VALUATION / MARKET CAP:
$23.07 M in 2016
BOARD MEMBERS AND ADVISORS
NUMBER OF EMPLOYEES
George Friedman(CEO); Erik Akterin(CTO); Joseph Schlichter(COO)
DATE OF LAST FUNDING
TOTAL FUNDING COMMENT
The company is planning to use the fund to expand its user base globally(April 2018).
SEED & PRIOR FUNDING
SEED CLOSED ON
SERIES A · $12 M · Feb 2017
SERIES B · $30 M · Apr 2018
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