Qinta

Qinta

Early Stage

Self-driving wallet for the global citizen

Self-driving wallet for the global citizen

Overview

Raised to Date: Raised: $62,069

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/31/2021

Close Date

02/16/2022

Min. Goal
$50,000
Max. Goal
$650,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$7,500,000

Valuation Cap

$8,000,000

Discount

6%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/27/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$580

# of Investors

49

Momentum
Funded
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Year Founded

2021

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

San Francisco, California

Business Type

Growth

Qinta, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a self-driving wallet for people to meet their financial goals and earn higher interest rates. It provides affordable, simple, and accessible wealth-building solutions to the users and helps them generate good returns. Qinta has its working prototype developed and tested and has over 2,000 users signed up for early access. Melvin Noche and Ivy Andreenkova founded Qinta in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $650,000. The campaign proceeds will be used for marketing, product development, technical resources, and legal and administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-5,606

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,020

$0

Accounts Receivable

$0

$0

Total Assets

$2,889

$0

Short-Term Debt

$0

$0

Long-Term Debt

$8,403

$0

Total Liabilities

$8,403

$0

Financials as of: 10/31/2021
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Qinta on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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