# Quo Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quo-finance

- Industry: Software
- Headquarters: US
- Website: www.quo.com
- Total disclosed funding: $7.2M
- Latest round: Seed (Dec 15, 2021)
- Investors on record: 3

## About

Quo Finance Inc. is a US-based company that specializes in innovative financial solutions, facilitating seamless transactions in the digital finance landscape for individuals and businesses.Founded in 2018, Quo Finance Inc. operates as a financial technology firm, focusing on transforming financial services through technology. The company was founded by Gary Peters, who has a history of entrepreneurship in the fintech sector. Quo Finance recently participated in a SEED funding round in March 2023, raising USD 7.20 mn, led by SignalFire, with additional investments from Global Founders Capital and Soma Capital Management. The total amount raised by the company amounts to USD 7.20 mn from 5 deals.Quo Finance Inc. provides a range of financial solutions that cater to both individual consumers and businesses. Their services primarily include innovative payment processing, financial planning, and advisory services aimed at enhancing financial literacy and accessibility. The firm serves a diverse clientele across North America, Europe, and parts of Asia, enabling clients to navigate the complexities of modern finance with ease.Quo Finance Inc. generates revenue through transaction fees associated with their financial services, including processing fees for digital transactions and advisory fees for financial planning. The company's pricing structure is designed to align with the value provided, ensuring a comprehensive service delivery while maintaining competitive fee structures within the financial technology market.Looking ahead, Quo Finance Inc. aims to expand its offerings by developing new financial products designed for improved consumer access and engagement. The company targets growth in key international markets, specifically in Europe and Asia, with plans to launch these new products by mid-2024. The recent SEED funding round of USD 7.20 mn will support these initiatives, facilitating product development and market entry strategies as the company integrates into Homebot, Inc., which acquired Quo Finance in March 2023, enhancing its portfolio of financial solutions.

## Funding rounds

- Seed, Dec 15, 2021, $7.2M — Global Founders Capital, Soma Capital Management, SignalFire

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- SignalFire (https://capitalatlas.ai/funds/signalfire) — Seed
