Hi, are you all planning on remaining an LLC for tax purposes, and do you expect to be profitable any time soon?

We are converting to a Delaware C-corp January 1, 2022. We expect to break even by the end of 2022 and achieve profitability in 2023.

2) Any view on the September results? You were announcing an expected 60k revenue

Our revenue was $58,022 for September.

$76M valuation is insanely high. What make Qube different from it competitors like Envel, Jelli and many more.

Envel and Jelli provide traditional banking systems with some integrated budgeting tools like Simple, One Finance, and others. Qube Money invented a whole new method of banking. This method of banking enables the consumer to authorize every transaction coming from her/his bank account in real time. Our technology eliminates fraud, unwanted purchase, and unintentional purchases. Let me explain. Depending on the users preference, the Qube Card is not connected to any money until the user is rea...

Pls explain why: Ιn the confirmation email writes 20% discount and 8% interest In the Subscription agreement writes 30% discount and no % of interest

Good question. I'll forward this to Wefunder. Sounds like they have a glitch in their tech. I checked with Wefunder and there was a glitch in their email automation. All those who invested on the early bird terms received the 30% discount and 10% interest.

Qube Money

Digital Cash Envelope Banking—giving the control of spending back to the people

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qubemoney.com

Pleasant Grove, UT

Technology Mobile Apps Service

Investor Panel

Fares and Peter interviewed Qube Money on October 14, 2021. Play Video

Fares Ksebati

CEO of MySwimPro

Peter Harris

Founding Partner at University Growth Fund, an early and growth-focused venture fund with $90M AUM. Over the last 15 years I've invested in over 100 private companies including OpenAI, Carta, Airbnb, Spotify, Instructure, Workfront, Postmates, & Wefunder.

Strengths

says, "Approaching the personal finance space from a new direction with the introduction of a digital method to paper envelope budget. Strong initial metrics and an opportunity to disrupt the budgeting space."

says, "The security, control, and budgeting capabilities of their product are awesome and unique in a crowded fintech space."

Advice

says, "Once you find a profitable acquisition channel, scale as quickly as possible and build a brand with influencers who will deliver long-term value! Best of luck!"

says, "Rising above all of the noise of the many well-funded neo-bank competitors will be important for Qube to achieve success."

What Investors Say

James Bronner - Serial Entrepreneur

LEAD INVESTOR

Invested $100,000 this round

I love the mission of Qube Money, it gives individuals and families control over their finances. My wife and I authored a book on marriage, we also teach seminars and counsel couples. The research shows money is the #1 cause of divorce. Qube Money is the best solution I have seen to help people manage their money. I even took the time to create a chart highlighting the benefits of their solution above any others: themarriagechallenge.com/budgeting/ My wife and I have 7 children so we have to operate on a budget. Qube Money is the first system that personally worked for our family in this digital age. I can't think of a better investment than investing in the thing that allows us to have more money.

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