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Savings app Qapital raises $12 million and plans to add debit accounts

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Fintech startup Qapital has raised $12 million in Series A funding from investors that include Industrifonden, Northzone, Rocketship VC and Anthemis..
Fintech startup Qapital has raised $12 million in Series A funding from investors that include Industrifonden, Northzone, Rocketship VC and Anthemis Exponential Ventures to expand its capabilities.
Over the last three years , the Qapital app has helped users set goals and save money toward those goals. The app also allows users to connect all their checking, savings, and credit card accounts to keep track of their overall financial health.
With the new funding, the company is looking to add more traditional banking features, including providing payments and adding debit cards for users. According to Qapital founder George Friedman, the idea is to bring spending and savings together in one product.

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