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Qapital
Smart mobile banking
- 21-100 employees
- Fintech
- B2C
- Banking
- SaaS
- Mobile
- NoMad, New York, NY
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Company mission
To help users find financial happiness with smarter mobile banking, simplifying the process of saving and paying bills.
42% employee growth in 12 months
Our take
Many people live from paycheck to paycheck and have difficulty saving money. The market is also lacking user-friendly joint banking options. Qapital offers a mobile banking app built of behavioral science.
It helps users to save money through gamification of their spending behavior. Money can be saved in small increments through purchases and other financial and personal activities. It is the first app that provides a holistic money planning tool for couples. Helping them with their shared saving, spending, and investing goals.
Qapital currently has over 2 million users. Whilst it competes in a competitive market amongst many challenger banks, Qapital's behavioral principals separates it from others in the market and will be a significant factor in their longevity, as people will naturally migrate to the most helpful tools over time.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Free Qapital Premier accounts for employees and partners
- FSA & HSA Accounts
- 20 weeks fully paid for US employees and 90% salary top off for Swedish employees
- 401(k) and pension programs
- Generous parental leave
- Dependants and family members are also covered
- 100% covered health, dental & vision insurance for our US team
- Remote work friendly
- Life & Accident Insurance
- Flexible vacation policy
Company values
- Ownership
- Taking Care of Our Own
- Great Colleagues
Funding (last 2 of 8 rounds)
Apr 2018
$21.1m
EARLY VC
Mar 2017
$11.5m
SERIES A
Total funding: $43.6m
This company has top investors
Leadership
Katherine Salisbury
(Co-CEO)Katherine worked as an Associate at White and Case LLP for over 3 years in corporate, banking, and finance. They then spent 2 years at Jefferies Finance and went onto found Friedman & Salisbury Sports Management in May 2009. Co-founded Qapital in 2012 with George, with whom they have served as co-CEO since 2015.
George Friedman
(Co-CEO)George started his career as a Project Manager at Nomura Securities, where they worked for 3 years before moving to Avanza Bank. They left this role in July 2012 to co-found Qapital, where they have served as co-CEO since.