Qapital is a technology company.
Qapital has raised $42.0M across 2 funding rounds.
Qapital has raised $42.0M in total across 2 funding rounds.
Qapital is a fintech company offering a mobile app that automates personal finance management, helping individuals and couples save, invest, budget, and manage debt through behavioral science and set-and-forget tools.[1][2][3][7] It serves everyday users facing financial challenges—like lacking emergency savings—by enabling goal-based automation, such as rounding up purchases or payday budgeting, with over 2 million members collectively saving more than $3 billion since launch.[3][4][6][7] Targeting the U.S. market from its Swedish roots, Qapital demonstrates strong growth with 3.5 million+ downloads, 99k+ 5-star reviews, and Series B+ funding, positioning it as an accessible B2C solution for financial goal achievement.[1][3][4]
Founded in 2013 in Stockholm, Sweden, by George Friedman (co-CEO) and Katherine Salisbury (co-CEO), Qapital emerged from the insight that smart money decisions should be effortless, blending behavioral psychology with automation to simplify saving.[1][3] The idea took shape as founders assembled product experts and finance professionals to create an app addressing real pain points, like the fact that nearly half of Americans lack $1,000 for emergencies.[3] Pivotal early traction came from innovative features like goal-based savings, evolving into a full-suite tool; the company relocated operations to New York while maintaining remote-first global roots, amassing over $3 billion in user savings and expanding to investing and couples' tools.[1][2][3][7]
Qapital stands out in personal finance apps through these key strengths:
Qapital rides the fintech democratization wave, capitalizing on rising demand for automated personal finance amid economic uncertainty, where tools like neobanks and robo-advisors address low savings rates and debt burdens.[3][7] Its timing aligns with post-pandemic shifts toward goal-oriented apps, behavioral nudges (inspired by psychology like default savings), and remote work enabling global teams; market forces like high interest in B2C fintech (Series B+ stage) favor its low-friction model over traditional banks.[1][2][5] By influencing the ecosystem—through $3B+ user savings, app innovations, and press as a "secret savings weapon"—Qapital empowers underserved users, boosts financial literacy, and competes in a crowded space with superior ease and fun.[2][3][4]
Qapital's trajectory points to expanded automation and partnerships, potentially integrating AI for predictive budgeting or deeper investing amid fintech consolidation. Trends like embedded finance and rising gig economy needs will propel growth, evolving its influence from savings pioneer to full-life money happiness platform—building on $3B saved to redefine accessible wealth-building for millions.[3][7][8]
Qapital has raised $42.0M in total across 2 funding rounds.
Qapital's investors include 83North, Blue Horizon, Company Capital, Creandum, Dawn Capital, Mouro Capital, Northzone, Ben Holmes, Sylwester Janik.
Qapital has raised $42.0M across 2 funding rounds. Most recently, it raised $30.0M Series B in April 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2018 | $30.0M Series B | 83North, Blue Horizon, Company Capital, Creandum, Dawn Capital, Mouro Capital, Northzone, Ben Holmes, Sylwester Janik | |
| Mar 1, 2017 | $12.0M Series A | 83North, Blue Horizon, Company Capital, Creandum, Dawn Capital, Mouro Capital, Northzone, Ben Holmes, Sylwester Janik |