News and Announcements
Crypto Investment App with Over 50% MoM Growth in the First 4 Months | $600K Raised
- Published October 21, 2021 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
“I believe that everyone should be able to take part in exciting technologies like cryptocurrency. With this belief, Qubix focuses on making anybody feel comfortable while taking their first steps into investing in crypto or looking for a way to invest consistently in something they already understand.
In its first four months since launch, Qubix has attracted over 850 sign-ups and 250 active users. We’re asking you to join us on our journey and support us to scale our business both nationally and internationally.”
Nayef Dagher, Founder & Managing Director, Qubix
Executive Summary
Qubix is an Australian fintech company that makes it easy for consumers to start investing in cryptocurrency. Its app empowers and educates users to select a suggested mix of investments, set a regular investment schedule (weekly, fortnightly, or monthly), and invest for as low as A$9.
Investment Highlights
- In Qubix’s first four months since launch, it has seen over 50% MoM growth in all categories – including signups, active users, and monthly volume.
- Qubix is rated 4.9/5 in the Apple App Store and is also available on Google Play.
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The cryptocurrency market is over $2T with 200M global users – a massive opportunity for Qubix to grow exponentially.
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Qubix has successfully raised over A$600K in pre-seed funding, including A$150K via a simple agreement for future equity (SAFE) note and A$340K via crowdfunding.
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Qubix’s shareholder and strategic partner DIJGTAL is an innovation-led design and marketing agency that leverages its proven brand-building systems to accelerate Qubix’s growth.
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Qubix’s advisory board uses fintech and banking experience to establish best practice operations and scale the business.
Investment Offering
Qubix is looking to raise A$1.6M via ordinary shares to provide a 12 to an 18-month runway.
This capital will allow Qubix to increase its national market share, advance its product, and expand the business internationally.