About Qbit
Qbit is a company based in Hangzhou (China) founded in 2019. It operates as a FinTech, and API-as-a-Product. Qbit offers products and services including Qbit Global Account, Qbit Quantum Card, and Qbit Pay-outs. Qbit operates in a competitive market with competitors including WeLab, Discover, WeBank, Fusion Bank and MYbank, among others.
- Headquarter Hangzhou, China
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Sectors
Financial Services
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Email
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Website
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Social
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- Legal Name Ailingual Limited
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Products & Services of Qbit
Qbit offers a comprehensive portfolio of products and services, including Qbit Global Account, Qbit Quantum Card, and Qbit Pay-outs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Global account for collecting payments from various marketplaces.
Virtual and physical cards for business expense management.
Efficient global payments completed within one working day.
Funding Insights of Qbit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Qbit
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Qbit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Qbit Comparisons
Competitors of Qbit
Qbit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeLab, Discover, WeBank, Fusion Bank and MYbank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Financial products are offered through an online platform.
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Discover is recognized for providing credit cards and banking services.
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| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
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Serves as a digital bank providing services for individual customers.
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Online Bank in China
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Operates as a commercial bank, offering deposits, loans, and payment services to customers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qbit
Frequently Asked Questions about Qbit
When was Qbit founded?
Qbit was founded in 2019.
Where is Qbit located?
Qbit is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.
Who is the current CEO of Qbit?
Michael Wu is the current CEO of Qbit.
What does Qbit do?
Qbit is established as a prominent neobank providing digital financial services for global cash management to businesses. Services are offered in the financial sector, focusing on cross-border payment and banking infrastructure. Innovative solutions including global accounts, payment cards, and API integrations are provided to over 40,000 brands and enterprises. Operations are supported across multiple countries with localized service centers in seven cities worldwide. Strategic partnerships with leading banks and financial institutions are maintained to enhance service delivery and compliance with global regulations.
What products or services does Qbit offer?
Qbit offers Qbit Global Account, Qbit Quantum Card, and Qbit Pay-outs.