• FOUNDING YEAR: 2016
    LOCATION:
    United States
    REGION:
    Last Update:
    18 Oct, 2019
    Company priority:
    In fund-raising mode.

Description

FOCUS

PRODUCTS & SERVICES:
An automated micro-payment platform that rounds up everyday transactions and applies the spare change towards paying down credit card and student loan debt. The company aims to solve the growing problem of consumer debt – primarily, credit card and student loan debt. Current target market: consumers between the ages 25–34. Qoins has a "debt personal assistant" named Charlie that can determine an amount for the user to contribute each day. The user can pick how aggressively he/she would like to attack existing debt, and Charlie will determine the financial part.
REVENUE MODEL:
Viewable by subscribers only
PRIMARY PROBLEM SOLVED:
Growing problem of consumer debt – primarily, credit card and student loan debt.
INTELLECTUAL PROPERTY:
Patent(s) not Filed

PEOPLE

MEDICI analysts will analyze Qoins soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

Insufficient information for accurate analysis

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