Qbit
Qbit
Qbit is a Hong Kong-based neobank for businesses offering global fund management: multi-currency accounts, pay-in and pay-out flows, virtual credit cards for expense management, and APIs/BaaS for integration. It enables payments to more than 180 countries in over 40 currencies, with compliance credentials such as MSO/TCSP and PCI DSS Level 1. It targets enterprises and brands operating internationally.
Data & conditions
| Service type | Card issuing / BaaS |
|---|---|
| Pricing model | Custom quote |
| Card types | virtual, credit |
| Customer type | Enterprise, SMEs |
| Certifications | PCI-DSS-L1 |
| Fund custody | Custodial (platform holds funds) |
| Supported countries | APAC, US, EEA |
| Segment | B2B |
| MiCA / License status | MSO (Hong Kong)TCSPPCI-DSS-L1 |
Strengths
- Broad payment coverage (180+ countries, 40+ currencies) with multi-currency accounts and virtual expense cards.
- Compliance credentials (MSO/TCSP, PCI DSS Level 1) and a BaaS/API offering for integration.
- No notable sovereignty advantage documented.
Weaknesses
- B2B service: not accessible to private end consumers.
- Card network and fund-safeguarding scheme not publicly documented; relatively young company.
- Custodial: the platform holds your funds and can freeze or lose them.
Verdict
Score 3.4/5, solid profile. In its favour: broad payment coverage (180+ countries, 40+ currencies) with multi-currency accounts and virtual expense cards. The trade-off to weigh: b2B service: not accessible to private end consumers.
On the Sovereignty lens the score is 0.0/5 (weak): the strength is fund control (0.0/5).
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Can an individual open a Qbit account?
No. Qbit is a neobank aimed at companies and brands for cross-border fund management, not private end consumers.
Where is Qbit regulated?
Qbit operates from Hong Kong and cites compliance credentials including MSO/TCSP and PCI DSS Level 1 certification. Check the official website for regulatory coverage in your country.
Sources
- Official service page Data verified on Jul 17, 2026
- cbinsights.com Data verified on Jul 17, 2026
- finance.yahoo.com Paesi · Valute Data verified on Jul 17, 2026