Qbit
Latest round
- Series A
Last raised
- Jul 2021
Total raised
- $10M
Investors
- 1
About Qbit
Established in 2019 and based in Hangzhou, China, Qbit operates a financial services provider that mainly provides global cash management services to businesses through digital finance. It has localized service centres in cities such as Hong Kong, Shenzhen, and Silicon Valley. The founder and CEO Yuqun Wu, has set up companies of oversea education and AI content recommendation engine. In August 2020, Qbit quantum card products were launched. The company mainly provides a cross-border fund management platform. The products are divided into overseas corporate accounts and API (Application Programming Interface) docking. Overseas corporate accounts include global accounts, international payments, quantum cards, supply chain finance, global acquiring, and company registration. Quantum cards can be used by customers to manage their expenses, including for advertising, overseas business travel, cross-border trade and other purposes. API docking includes BaaS (Banking-as-a-Service) and CaaS (Card-as-a-Service). The company generates revenue by providing cross-border fund management services and products, such as global acquiring, quantum cards, and BaaS.
Who invested in Qbit
1 investor across 1 round
See all investors in Qbit
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series A
Jul 17, 2021
Amount
$10M
Investors
Questions about Qbit
Who invested in Qbit?
Qbit has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Qbit raised?
Qbit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Qbit last raise money?
Qbit's most recent round on record is a Series A, in Jul 2021.
What does Qbit do?
Established in 2019 and based in Hangzhou, China, Qbit operates a financial services provider that mainly provides global cash management services to businesses through digital finance.
Where is Qbit headquartered?
Qbit is headquartered in Hangzhou, China.
Which VCs invest in companies like Qbit?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Qbit's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
Raising like Qbit? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.