Qbit
Qbit is a fintech neobank providing cross-border financial infrastructure, including multi-currency accounts, corporate cards, and embedded finance APIs, to 40,000+ SMEs and tech-forward companies expanding internationally across 180+ countries.
- Company typePrivate
- Founded2019
- HeadquartersHangzhou, China
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Qbit does
Qbit is a China-origin, Hong Kong-headquartered fintech neobank founded in 2018-2019 that delivers cross-border financial infrastructure to SMEs and tech-forward companies operating internationally. Its core platform unifies multi-currency Global Accounts with local bank details in 40+ countries and 14+ currencies, virtual and physical Qbit Quantum Cards issued as a Visa Principal Member and accepted on Mastercard rails, and International Payments covering 180+ countries via direct clearing access to SEPA, ACH/Wire and CHAPS. As of the latest available data the company serves 40,000+ business customers, has issued 7 million+ cards, and has processed more than $15 billion in cumulative transaction volume across seven localized service centers.
The underlying technology is API-first: BaaS and CaaS products expose global accounts, card issuance, FX, bulk payments and compliance infrastructure through developer-documented APIs, while direct integrations with Shopify, PayPal, eBay and TikTok Shop automate marketplace collection. Qbit monetizes primarily through transaction-based fees on cross-border payments and FX spreads, card issuance and interchange, subscription/usage fees on BaaS/CaaS API integration, and fixed-price overseas business incorporation services. Go-to-market combines self-serve SMB onboarding, dedicated enterprise sales with customer success teams, and a channel partnership program targeting e-commerce platforms, logistics providers and marketing agencies. Regulatory moats include US FinCEN MSB, Hong Kong MSO and TCSP, Canada FINTRAC MSB and PCI DSS Level 1 certification.
Qbit firmographics
Firmographics- Name
- Qbit
- Legal name
- AiLingual Limited
- Website
- https://qbitnetwork.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Qbit is a fintech neobank providing cross-border financial infrastructure, including multi-currency accounts, corporate cards, and embedded finance APIs, to 40,000+ SMEs and tech-forward companies expanding internationally across 180+ countries.
- Ownership category
- akta.pro rank
Qbit industry classification
Industry- Product category
- Cross-Border Payments and Embedded Finance
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)
- akta.pro secondary industries
- Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ), Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
Keywords
Where Qbit is headquartered
LocationHeadquarters
- HQ city
- Hangzhou
- HQ country
- China
- HQ region
- Asia
Offices4 records
Markets served
Qbit business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction/Payment Processing Fees: Fees charged for cross-border payments, currency exchange, and payment processing through the Global Account and international payment services.
- Card Services: Revenue from virtual and physical card issuance, card management, and spending controls for corporate expense management.
- Business Incorporation Services: Fees for overseas company registration in jurisdictions including USA ($899), Hong Kong ($899), and Cayman Islands ($3,700).
- BaaS/CaaS API Integration: Banking-as-a-Service and Card-as-a-Service platform fees for embedded finance solutions targeting e-commerce, fintech, and B2B platforms.
- FX Exchange Services: Currency conversion services with market-leading FX rates, generating revenue through exchange spreads on multi-currency transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | US Company Registration - Colorado |
| One time/ perpetual license | Pay-as-you-go | Hong Kong Company Registration |
| One time/ perpetual license | Pay-as-you-go | Cayman Islands Company Registration |
| Transaction based/ take rate | Pay-as-you-go | Global Account Services |
| Transaction based/ take rate | Pay-as-you-go | International Payments |
| Transaction based/ take rate | Pay-as-you-go | Qbit Quantum Cards |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels5 records
Qbit product offering
Product offeringCore offering
Qbit provides an API-first global cash management platform for cross-border businesses, offering multi-currency business accounts with local bank details in 40+ countries, virtual and physical corporate cards (Visa/Mastercard), international payment processing covering 180+ countries, and embedded finance infrastructure through Banking-as-a-Service (BaaS) and Card-as-a-Service (CaaS) APIs. The platform supports e-commerce merchants, B2B trade companies, SaaS platforms, and other tech-forward businesses with payments, FX, card issuance, and overseas entity incorporation services.
Product overview
Qbit is a neobank offering a unified platform for global cash management with four core products: Global Account (multi-currency business accounts for cross-border payments/collections), Qbit Quantum Cards (virtual/physical corporate cards for expense management), International Payments (cross-border payment solutions with batch transfer capabilities), and APIs (BaaS for embedded finance and CaaS for card issuance). Additional services include Business Incorporation for overseas entity setup, Qbit InstaPay for instant inter-account transfers, and Qbit Acquiring for payment acceptance. The platform serves 40,000+ businesses and processes over $15 billion in transaction volume.
Differentiator
Problem solved
Functional benefit
Brands
- Qbit Quantum Card: Virtual and physical business credit cards for efficient expense management. Accepted wherever Visa and Mastercard are accepted, supporting online and in-store payments with customizable budgets and real-time tracking.
- Qbit Global Account
- Qbit International Payments
- Qbit BaaS (Banking-as-a-Service)
- Qbit CaaS (Card-as-a-Service)
- Qbit InstaPay
- Qbit Overseas Business / Business Incorporation
Products and services
- Qbit Global Account Multi-currency business account enabling companies to collect payments from global marketplaces and make cross-border transactions in 180+ countries with support for 40+ currencies. Includes local bank details, integrations with Shopify, PayPal, eBay, and TikTok, and customizable role-based workflows.
- Qbit Quantum Cards Virtual and physical corporate credit cards accepted wherever Visa and Mastercard are accepted, with unlimited card creation, customizable budgets, real-time tracking, automated expense reports, and support for Apple Pay, Google Pay, and Alipay.
- International Payments Global payment network enabling cross-border payments to suppliers and employees in 180+ countries with 40+ currencies, batch transfer capabilities, and real-time FX exchange. Payments can be completed within one working day.
- Banking-as-a-Service (BaaS) Embedded finance platform providing APIs for global account management, quantum cards, cross-border payments, foreign exchange, and cash management. Covers B2B and B2C use cases including trade, procurement, supplier payment, and international remittance for partner platforms.
- Card-as-a-Service (CaaS) Low-code card issuance platform enabling businesses to issue virtual and physical cards with configurable spending rules, merchant categories, currency controls, and real-time card management through APIs. Handles BIN sponsorship, transaction processing, and balance management.
- Business Incorporation Overseas business entity registration service supporting company setup in USA (Colorado, $899), Hong Kong ($899), and Cayman Islands ($3,700) with comprehensive incorporation packages including certificates, operating agreements, and statutory books.
- Qbit InstaPay Instant payment service enabling real-time fund transfers between Qbit accounts with lower transaction costs through like-for-like currency settlement, eliminating FX conversion fees for intra-ecosystem transactions.
- Qbit Acquiring Payment acceptance solution enabling merchants to accept customer payments globally through various payment methods.
Quantifiable outcome
- Save 90% on international transaction fees compared to traditional providers
- +3 more outcomes
Companies that use Qbit
Customer profileNamed customers5 records
Segments8 records
Ideal customer profiles3 records
Qbit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability1 record
Feature7 records
Qbit partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- ShopifycoreIntegration partnership allowing Shopify merchants to connect stores directly to Qbit global accounts for seamless collection and fund synchronization.
- ShoplazzaminorE-commerce platform partnership enabling Shoplazza merchants to access Qbit's global payment and multi-currency account services.
- ShoplineminorCross-border e-commerce platform partnership providing Qbit payment solutions to Shopline merchant ecosystem.
- PayPalcorePlatform integration for receiving payments from PayPal accounts with automatic order synchronization and clear transaction visibility.
- VisacoreVisa Principal Member status enabling direct card issuance and access to Visa's global payment network for both virtual and physical card products.
- MastercardcoreCard network partnership supporting Qbit Quantum Card acceptance wherever Mastercard is accepted globally.
- Hong Kong Customs and Excise DepartmentcoreLicensing authority that granted Qbit the Money Service Operator (MSO) license in 2020 for money exchange and remittance services in Hong Kong.
- FINTRAC (Canada)coreCanadian regulatory body that issued Qbit's Money Services Business (MSB) registration for authorized money services operations in Canada.
- EServicesGroupminorE-commerce services provider partnership offering Qbit financial solutions to cross-border sellers.
- YinoLinkminorMarketing and advertising partner providing Qbit payment services to their global expansion client base.
Scale indicators8 records
Recent moves9 records
Expansion highlights6 records
Qbit competitors and assessment
Company assessmentDirect peers
- Airwallex: Airwallex is a directly comparable cross-border B2B fintech offering multi-currency accounts, global cards, FX, and BaaS APIs for SMBs and enterprises. Operates in the same target verticals (cross-border e-commerce, B2B trade) with similar API-first architecture and similar regulatory footprint.
- PingPong: PingPong is a direct competitor serving cross-border e-commerce merchants with multi-currency accounts, marketplace collection (Amazon/eBay/Wayfair), and global payments. Same primary customer base as Qbit (cross-border SMBs) and similar FX-led revenue model.
- Wise: Wise (formerly TransferWise) offers multi-currency accounts, international payments, and card issuance for individuals and businesses globally. Competes with Qbit on cross-border B2B payments and FX, though Wise targets broader SMB/consumer segments rather than e-commerce niche.
- LianLian Global: LianLian Global is a China-headquartered cross-border payments platform offering collection, payout, card, and BaaS services to cross-border merchants. Highly comparable to Qbit in customer segments, regulatory footprint, and product breadth; competes head-to-head for Chinese cross-border SMBs.
- Payoneer: Payoneer provides multi-currency accounts, cross-border payouts, and card services to SMBs, marketplaces, and freelancers. Overlaps with Qbit on global accounts and cross-border B2B payments, with similar marketplace integration focus (Amazon, eBay, Walmart).
- Brex: Brex is a corporate card and spend management platform for startups and enterprises with multi-currency and cross-border payment capabilities. Comparable to Qbit's Quantum Cards and expense management features, though focused on SaaS/startup verticals rather than cross-border e-commerce.
- Mercury: Mercury offers business banking accounts, cards, and treasury management for startups and SMBs. Comparable to Qbit's Global Account and Quantum Cards for SMB clients, though US-centric and lacks Qbit's cross-border FX emphasis.
- Currenxie: Currenxie is a Hong Kong-based multi-currency business account and cross-border payments provider serving SMBs and enterprises. Directly comparable to Qbit's Global Account and International Payments products with similar Asia-Pacific and global SMB positioning.
- Nium: Nium is a global payments platform offering multi-currency accounts, cross-border payouts, card issuance, and BaaS APIs. Directly competes with Qbit in B2B cross-border payments and embedded finance, serving similar enterprise and platform clients with comparable geographic coverage.
Broad incumbents
- Stripe (Atlas / Treasury): Stripe Atlas offers business incorporation services similar to Qbit's overseas business registration, while Stripe Treasury and Stripe Issuing provide embedded banking and card issuance competing with Qbit BaaS/CaaS. Broad incumbent with adjacent rather than directly overlapping product set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Qbit social profiles
Digital presenceQbit compliance and trust
Trust signalCompliance5 records
Qbit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Qbit leadership team
Management profileNumber of profiles
Qbit funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Qbit M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Qbit
What does Qbit do?
Qbit provides an API-first global cash management platform for cross-border businesses, offering multi-currency business accounts with local bank details in 40+ countries, virtual and physical corporate cards (Visa/Mastercard), international payment processing covering 180+ countries, and embedded finance infrastructure through Banking-as-a-Service (BaaS) and Card-as-a-Service (CaaS) APIs. The platform supports e-commerce merchants, B2B trade companies, SaaS platforms, and other tech-forward businesses with payments, FX, card issuance, and overseas entity incorporation services.
Is Qbit a public or private company?
Qbit is a private company. It is classified as venture growth investor backed and is currently operating.
When was Qbit founded?
Qbit was founded in 2019. It employs 11 to 50 people.
Where is Qbit based?
Qbit is headquartered in Hangzhou, China, in the Asia region.
How does Qbit make money?
Five revenue lines are on record. Transaction/Payment Processing Fees are the primary driver. The others are card Services, business Incorporation Services, baaS/CaaS API Integration and FX Exchange Services.
Who are Qbit's main competitors?
Direct peers on record are Airwallex, PingPong, Wise, LianLian Global, Payoneer, Brex, Mercury, Currenxie and Nium. Stripe (Atlas / Treasury) is listed as a broad incumbent.
Does Qbit have an API?
Yes. Qbit offers APIs for Global Account management (multi-currency accounts, virtual card issuance, cross-border payments and collections, foreign exchange), Bulk Payment API for batch transfers to multiple payees, and Card-as-a-Service for card issuance. The APIs support payment automation, real-time FX exchange, and integration with clearing networks (SEPA, ACH/Wire, CHAPS). Available via developer portal for partners and businesses. Developer documentation is at developer.qbitnetwork.com/docs.
What industry is Qbit in?
Qbit's product category is Cross-Border Payments and Embedded Finance. Its primary akta.pro industry code is FSAGALAA, BaaS Platforms & Sponsor Bank Enablement, with a secondary code of FSAGABAJ, Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails). Its NAICS code is 52232 and its SIC code is 6159.