Qapital, a NYC- and Stockholm, Sweden-based personal finance app, raised $3.5M in Pre-Series A funding round.
The backers are unknown at the moment.
Founded in 2013 and led by CEO George Friedman, Qapital provides a goal-based, gamified personal finance app designed to let customers set and attain their goals while improving money habits. With a few taps, people can start triggering automated savings, held in their FDIC-insured accounts, can round-up their change, “fine” themselves for spending on useless things and reward themselves when they spend less and come in under budget.
In addition, it offers an IFTTT (If This Then That) integration, allowing customers to trigger savings toward their goals every time they use any one of Twitter, Instagram, Facebook, Google apps, FitBit, FourSquare and more.
The app, which is now available to iOS and Android users, is also integrated with Intuit, allowing it to work with nearly 20,000 banks and credit unions, as well as bank-affiliated credit cards.