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Find a Location

Qapital, Inc. has 2 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

    Country
    Please enter a valid location.
    • Qapital, Inc.

      245 5th Avenue, Rm 1610 New York, NY 10016

    • Qapital, Inc.

      33 Irving Place New York, NY 10003-2332

    Business ProfileforQapital, Inc.

    Banking Services
    Multi Location Business

    At-a-glance

    Customer Reviews

    1.33/5stars

    Average of 12 Customer Reviews

    Customer Complaints

    60 complaints closed in last 3 years

    9 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    Qapital, Inc. offers app-based banking services. It is not a bank, but partners with an FDIC-insured bank.

    Business Details

    This is a multi-location business.

    Find a Location

    Qapital, Inc. has 2 locations, listed below.

    *This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

      Country
      Please enter a valid location.
      • Qapital, Inc.

        245 5th Avenue, Rm 1610 New York, NY 10016

      • Qapital, Inc.

        33 Irving Place New York, NY 10003-2332

      Location of This Business
      245 5th Avenue, Rm 1610, New York, NY 10016
      BBB File Opened:
      11/10/2016
      Years in Business:
      10
      Business Started:
      6/1/2013
      Business Incorporated:
      4/29/2014
      Licensing Information:
      This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
      Type of Entity:
      Corporation
      Alternate Business Name
      • Qapital Invest
      Business Management
      • Mr. Joe Schlichter, Director of Operations
      • Mr. George Friedman, CEO
      • Mr. Mark Barberan, Vice President of Operations
      Contact Information

      Principal

      • Mr. Mark Barberan, Vice President of Operations

      Customer Contact

      • Mr. Mark Barberan, Operations Manager
      • Mr. Mark Barberan, Vice President of Operations

      Industry Tip

      BBB Tip: How to choose a new bank or credit union

      Customer Complaints

      60 Customer Complaints

      Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

      File a Complaint

      Most Recent Customer Complaint

      04/15/2024

      Complaint Type:
      Service or Repair Issues
      Status:
      Answered
      I opened my qapital account Its telling me I cant transfer because I need an external account. I used to be able to just put it right back into the same account. I would like to cash out my entire savings. The app completely crashed when I tried to add an external account to cash out to. I currently have ******** as of my last statement 3/1/2024 in this account that I am unable to move and now even see in the app. Support has been no help I just wanna close it and be done with it.
      Read More

      Customer Reviews

      12 Customer Reviews

      What do you think? Share your review.

      How BBB Processes Complaints and Reviews

      Start a Review

      Most Recent Customer Review

      Michelle W

      1 star

      09/09/2023

      Do you not use this company? I repeat do you not use this company? Ive been a customer of theirs since they first started up and everything was great until I started having larger deposits into my account and their transfer policy changed. so instead of my funds being available within one to two business days after the deposit its about 3-5 business days before the monies transferred from my bank account. Dont let there be a large transaction where in my case it was $7000. you would think after its been transferred to your Qapital account. You can then transfer money wherever or even your spending account. Not the case they will place your account on hold or freeze your account unbeknownst to you And then, when you try to transfer funds youre not able to transfer funds then they tell you that theyre just auditing and theyre wanting to make sure that the fence clear and that theres no chance of it being taken back which they now say takes another 3 to 5 days, so why would it already takes 3 to 5 days for the money to hit my capital count? I know I have to wait another 3 to 5 days before the so-called hold they have is removed from my Account makes no sense at all. Also, because I did not know there was a hold on my account. I ended up being charging in a selfie for my credit card company because I made a payment when my account wasnt on hold and when they tried to withdraw the funds they werent able to because capital put my account on hold Now Im asking them to refund me the *** charge that my credit card company is going to charge me and Im sure theyre gonna tell me theyre unable to do that but things have not been right with them over the last few years. I do feel like some funds are not transferred to my account based on what my calculations are, but they tell me that its correct. ***** with a company where you cant speak to anyone should have been a red flag but because of these issues and that its costing me more money Im closing my acct

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