Hangzhou Qubihui Network Technology

The company's business model revolves around offering a suite of financial tools designed for enterprises expanding internationally. Revenue is generated from payment and foreign exchange services. Qbit serves a diverse clientele across various industries, including cross-border e-commerce, traditional trade, gaming, and logistics, by providing tailored financial solutions. To date, the firm has supported over 40,000 international brands and enterprises.

Qbit's core offerings encompass a one-stop global fund management platform. Key products include global accounts for collecting payments from marketplaces like Shopify, virtual and physical corporate cards (Quantum Card), global payment acquiring, and API-based solutions such as Card-as-a-Service (CaaS). These products allow businesses to manage transactions, issue corporate cards, and embed financial services directly into their own platforms. The platform supports transactions in over 40 major currencies across more than 180 countries and regions. A feature called Qbit Instapay enables real-time multi-currency transactions, simplifying financial management for businesses.

Since its inception, Qbit has achieved significant milestones, securing a Series A funding round led by ZhenFund in 2021 and a subsequent Series B1 round, raising tens of millions of dollars. This capital is being used for global team expansion, fintech development, and acquiring regulatory licenses. The company has established strategic partnerships with major financial institutions like Visa and Mastercard and operates localized service centers in seven cities, including Hangzhou, Shenzhen, Hong Kong, and San Jose.