Qinta

Early Stage

Self-driving wallet for the global citizen

Analytics

Raised to Date: Raised: $75,394

Aggregate Commitments $

Platform

Wefunder

Start Date

11/01/2021

Close Date

03/05/2022

Min. Goal

$50,000

Max. Goal

$650,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$8,000,000

Discount Rate

6%

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

97

% of Min. Goal

151%

% of Max. Goal

12%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,792

Momentum
cold.svg
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Location

San Francisco, California

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

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: 11/01/2021
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Qinta on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $8,000,000

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