Announcements

It’s Women’s History Month and here at Qapital we’re feeling more emboldened than ever – because our mission to drive financial empowerment has never been more important. Around the world, the COVID-19 pandemic has disproportionately impacted women compared to men. Women are more likely to take on caretaker roles – which increased dramatically with school closures and reduced availability of outside help – even while working full-time. And they’re also more likely to hold essential services roles.&nbsp;<ul><li>The most <a href="https://www.unwomen.org/en/news/stories/2020/9/feature-covid-19-economic-impacts-on-women">COVID-impacted industries</a> employ more women – women are overrepresented in industries such as food service, retail and entertainment. 40% of all employed women work in hard-hit sectors.</li><li><a href="https://www.unwomen.org/en/news/stories/2020/9/feature-covid-19-economic-impacts-on-women">80% of domestic workers </a>are women and 72% of domestic workers have lost their jobs as a result of the pandemic.</li><li>Even prior to COVID-19, women spent an average of <a href="https://www.unwomen.org/en/news/stories/2020/9/feature-covid-19-economic-impacts-on-women">4.1 hours per day </a>performing unpaid work (domestic work and care) while men spent 1.7 hours. This amount of time has escalated with remote school or school closures.</li><li>Because of the pandemic, <a href="https://www.bbc.com/worklife/article/20201021-why-this-recession-disproportionately-affects-women">one in four women </a>said they were thinking about reducing or leaving paid work because of company inflexibility, caring responsibilities and stress.</li></ul>The global pandemic has only further exposed the many inequalities facing women today. At the same time, women are increasingly in charge of spending and investing decisions at home, with <a href="https://www.thestreet.com/personal-finance/women-are-the-new-cfo-of-the-household-14089470">over half</a> – 51% – reporting that they serve as household CFO.&nbsp; If women are going to achieve lasting financial independence, they need access to better tools and support. It’s why our co-founder Katherine Salisbury – fearless female and working mom of 4 – created Qapital with her own experience in mind. “The financial challenges facing women cannot be underestimated,” Katherine notes. “We’re increasingly the breadwinners but we’re also the caretakers. We’re constantly juggling and focused on the needs of those around us – our families, our partners, our children. How and where can money management fit into this picture? I built Qapital partially because I realized if I’m struggling with dealing with my finances because I’m too busy and stressed, there must be plenty of other people out there who feel the same way.” We love to hear your stories – from the sheroes saving for birthday presents to the working mompreneurs taking control of their retirements. Share them with us – in our MyQapitalGoal Contest on Instagram or in a review in the <a href="https://apps.apple.com/us/app/qapital-save-invest-spend/id969977669">App Store</a> or the <a href="https://play.google.com/store/apps/details?id=com.qapital">Play Store</a> – and let’s celebrate your amazing stories together.&nbsp;&nbsp;Qapital, LLC is not a bank; banking services provided by Lincoln Savings Bank, Member FDIC, and other partner banks. Advisory services provided by Qapital Invest, LLC, an SEC-registered investment advisor. The information provided herein is for informational and general educational purposes only and is not investment or financial advice. Copyright © 2023 Qapital, LLC - All rights reserved.

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Celebrating Women’s History Month by Driving Financial Empowerment

Mastering your money is hard. Raising kids is hard. Doing both simultaneously is really hard. At Qapital, we recognize the many challenges that working parents face.&nbsp; And we want to do everything we can to help those parents and their children be happy and thrive – now and in the future.&nbsp; So in addition to offering our members a robust set of tools to help manage their money, we offer our employees a robust benefits package to help them earn their money while managing their lives. We are extremely proud of our industry-leading parental leave policy – 20 weeks of guaranteed paid parental leave per child for US employees, with the possibility for additional weeks based upon need.&nbsp;&nbsp; We also offer:&nbsp;<ul><li>work-from-home/telecommuting options;</li><li>a flexible PTO policy</li><li>health insurance, disability insurance, and life insurance (for domestic partners and their children too)</li><li>Dependent Care Flexible Spending Accounts</li><li>milk expression breaks, areas to breastfeed or express milk, and refrigerated milk storage</li><li>company-sponsored family-friendly events.</li></ul> However, even with the ambitious policies we currently have in place, we recognize that we can do more.&nbsp; While we can’t eliminate meetings, deadlines, or the interconnected nature of the work each employee does, we aspire to do all that we can to reduce workplace rigidity in ways that don’t reduce productivity.&nbsp; As parents ourselves, we understand how child care responsibilities often collide with work responsibilities and we are continuously searching for ways to help alleviate some of that tension.&nbsp;&nbsp; We are strongly committed to achieving gender equality and enacting policies that enable everyone to participate equally in the workforce.&nbsp; We believe that with the right support people of all genders can be leaders in the workplace and at home, and it is up to each organization to do its part to have policies that permit this.&nbsp; Research demonstrates the benefits that employees, employers, and society as a whole reap from family-friendly policies – such policies positively impact recruitment, retention, productivity, creativity, and employee morale. They also help to close the wage gap, keep more primary caregivers in the paid workforce, and improve the future workforce by ensuring quality child care in the formative years. Happiness matters.&nbsp; We work every day to help our members discover true money happiness.&nbsp; And we feel our employees deserve the same. The Qapital leadership team Katherine Salisbury George Friedman Erik Akterin&nbsp;&nbsp;Qapital, LLC is not a bank; banking services provided by Lincoln Savings Bank, Member FDIC, and other partner banks. Advisory services provided by Qapital Invest, LLC, an SEC-registered investment advisor. The information provided herein is for informational and general educational purposes only and is not investment or financial advice. Copyright © 2023 Qapital, LLC - All rights reserved.

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Benefits That Benefit Everyone

This past week has been a time of painful reflection and necessary discussion for every single one of us. Systemic racism against the black community stretches across healthcare, education, security and finance. There are so many tough questions that we as a society have failed to ask and answer. What can we do as individuals to effect change? What can we do as business leaders to address systemic racism? What can we do as organizations to make a difference? We’re listening to each other, to our users, and to society as a whole – and we’re making a commitment to help close the racial wealth gap. To start, we’ve made donations to the NAACP, the NAACP Legal Defense Fund and the ACLU because they are fighting for equality. We’re also looking inward to make changes to further uphold diversity and inclusion. And we’re more focused than ever on opening up access to tools and resources that can help close the racial wealth gap for good. How can we do better? We welcome ideas and actions. We know we don’t have the answers and these are just small steps forward. But we are committed to doing better as individuals, as a community, and as an organization. Because racism has no place in our society. Here are just a few of the many resources and organizations that are doing the hard work to address racism head-on: Closing the divide <a href="http://Year Up - Closing the Opportunity Divide">YearUp</a>: Focused on closing the opportunity divide <a href="https://operationhope.org/">Operation Hope</a>: Dedicated to financial literacy Talking to our children about racism and equality <a href="https://www.nytimes.com/2020/06/02/parenting/kids-books-racism-protest.html">NYTimes</a>: Anti-racism books for kids <a href="https://www.cnn.com/2020/06/02/us/cnn-sesame-street-standing-up-to-racism/index.html">CNN/Sesame Street Town Hall</a>: On racism Supporting black-owned businesses <a href="https://www.oprahmag.com/life/a32731286/black-owned-businesses/">Oprah Magazine</a>: List of businesses you can support <a href="https://officialblackwallstreet.com/directory/">Official Black Wall Street</a>: Online directory The Qapital leadership team Katherine Salisbury George Friedman Erik Akterin

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Racism and Inequality Must End

Recent weeks have been marked by uncertainty for all of us, and our hearts go out to anyone impacted by COVID-19 worldwide.&nbsp;Rest assured,<ul><li>We are here for you.&nbsp;</li></ul>Qapital is operating normally. You can reach out to our <a href="https://support.qapital.com/hc/en-us">support team</a> with any questions or concerns.<ul><li>Now more than ever, we encourage you to rely on Qapital.&nbsp;</li></ul>Many of our customers have taken charge of their finances by setting up new savings goals, particularly emergency funds. Having money saved, and continuing to save when possible, is crucial, as is the confidence of knowing that your Qapital Goals accounts are safe and FDIC insured. Thanks for being a part of Qapital.&nbsp; &nbsp;Stay well, George Friedman CEO, Qapital<h3>Your questions, answered.</h3>Is Qapital functioning normally? All Qapital services, including Master, Complete and Basic subscriptions, Qapital Goals, Qapital Invest, Payday Divvy, and Qapital Card are functioning normally. As always, our <a href="https://support.qapital.com/hc/en-us">customer service</a> team is on hand to answer any questions you might have.&nbsp; How do I set up an emergency fund? In your Qapital app’s Overview screen, tap on Select Goal. From there, you can navigate the prompts manually, or scroll down to the pre-set Emergency Fund goal. You’ll be able to customize every aspect, from the goal amount, to when you imagine needing it, and whether it’s shared with someone else.&nbsp; I have money saved with Qapital; can I shift the Goal to become an emergency fund? Yes! To change an existing goal’s purpose, find it on your Overview screen, tap on it, then click the three dots in the top right-hand corner, and select Edit Goal. Here, you’ll be able to easily edit the name, display image, goal sum and target date for your goal. All existing rules will remain in place, though you can edit those too at any time.&nbsp;Do you have recommendations on how to weather this period of financial uncertainty? When faced with challenges, we often turn to behavioral economics for answers. Taking human nature into account, and considering the importance of saving and investing as long-term financial health strategies, our Chief Behavioral Economist <a href="https://www.qapital.com/blog/dan-arielys-advice-for-investors-in-volatile-markets/">Dan Ariely</a> recommends* the following:<ul><li>Keep saving as much as possible, and be specific: If you are able to continue saving, we encourage you to do so. This, in addition to specifying what you’re saving towards – whether it’s an emergency fund, or that kitchen renovation you plan to kick off when life returns to normal – is going to help you stay on track.</li><li>Buy &amp; hold should be your investment mantra: Temporary volatility can get you down, but remember that investing is a long-term game. If you plan to use the money you’ve invested years from now, then volatile markets this week, this month or even this year shouldn’t be of much consequence to your long-term Goals.</li><li>Don’t make decisions out of fear: “Don’t make market decisions when your head is clouded by emotions,” says Dan, referring to the emotional state often brought on by checking the stock market repeatedly. Being driven by fear can make you pull funds from your portfolio before you need them, hurting your finances in the long run.</li></ul>* The materials and content on the Qapital app and website are not, and shall not be construed as, tax, personal financial planning, or financial advice. Please consult a qualified professional about your personal situation.

COVID-19: You & your money are in good hands with Qapital

<h2>To mark Women’s History Month – and the small matter of being named App of the Day by Apple – we’re offering new members a $20 sign-up bonus.&nbsp;</h2>We couldn’t have been more thrilled earlier this month when Apple celebrated our co-founder and Chief Strategy Officer Katherine Salisbury by <a href="https://apps.apple.com/us/story/id1491970650">naming Qapital ‘App of the Day’</a>.&nbsp;To celebrate, we’re giving all new members a $20 sign-up bonus through to the end of March.<h2>How Qapital helps you master your money</h2>We’ve been helping our members save smarter since 2013. In fact, our 1.9M members have saved more than $1Bn. And our money management tools, developed in collaboration with our Chief Behavioral Economist Dan Ariely, help our members save an average of $5,000 a year.To claim your sign-up bonus, download the app and enter the code WHM20 when prompted.&nbsp;&nbsp;Qapital, LLC is not a bank; banking services provided by Lincoln Savings Bank, Member FDIC, and other partner banks. Advisory services provided by Qapital Invest, LLC, an SEC-registered investment advisor. The information provided herein is for informational and general educational purposes only and is not investment or financial advice. Copyright © 2023 Qapital, LLC - All rights reserved.

It’s Women’s History Month and we’re on a mission to help you save smarter 💸

We want to say a heartfelt thankyou to all our members for your support this year. 2019 has been huge in lots of ways. We rolled out our membership model – the biggest change in our history – and together we reached a massive milestone: more than $1billion saved. And at the rate you guys are saving, we’ll hit $2billion by the summer. &nbsp;<h3>Your Goals, our gratitude</h3> Pretty much every new bank or financial service promises to help people ‘take charge of their finances’. We started Qapital partly because we were tired of empty promises. And this year we saw just how much of a difference Qapital can actually make in your financial lives: &nbsp;<ul><li>88,000 Goals were completed 🎉</li><li>104,000 of you saved toward a vacation 🏖</li><li>70,000 of you saved to pay off loans and debt 🙌🏼</li><li>8,500 of you saved towards weddings ❤️</li></ul> Oh, and one of you saved for a 🐄. Which is exactly what Qapital is all about – helping you master your money so you can use it on what <a href="https://www.instagram.com/explore/tags/myqapitalgoal/">matters to you</a>. &nbsp;<h3>Looking ahead</h3> Our focus for 2020 is simple: do more of what helps you master your money. Today, our tools help members invest toward lifelong dreams, get better at budgeting, and learn how to balance what you want with what you need. And our toolkit is growing. We recently introduced our <a href="https://www.qapital.com/blog/ifttt-rules-are-supercharging-your-savings/">powerful new IFTTT Rules</a> and you can look forward to more ambitious money-saving and budgeting features in 2020. We can’t wait. For now, we wish you and your loved ones a Happy Holidays. Here’s to hitting all your Goals in 2020! &nbsp;<h2>Put money in its place</h2> Master your money with the app that makes it easy to divvy up every dollar so you can balance what you want with what you need. <a href="https://app.qapital.com/">Create account</a> Best,

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Thanks a billion for an amazing 2019!

<a href="https://vote.webbyawards.com/PublicVoting#/2024/apps-software/general-apps/financial-services-banking">Fans Can Vote Online to Help QAPITAL Win The Webby People’s Voice Award</a>&nbsp;Qapital has been nominated for&nbsp;Best Financial Services and Banking App&nbsp;in the&nbsp;28th Annual Webby Awards!&nbsp;&nbsp;&nbsp;As a Webby Award nominee, Qapital is also competing for The Webby People’s Voice Award, which is an additional award voted on by the public. Both awards are a mark of international distinction for internet excellence. Fans across the globe can head&nbsp;<a href="https://vote.webbyawards.com/PublicVoting#/2024/apps-software/general-apps/financial-services-banking">here</a> to cast their votes now through Thursday, April 18th, at 11:59 pm PDT.&nbsp;&nbsp;Qapital makes it super easy for users to get started, get a big-picture view of their finances, and achieve their own personal version of financial success. With over 2M members, Qapital has 100K+ 5-star reviews and has been named “Editor’s Choice” by the Google Play Store. Since its creation, Qapital has helped users save over $3B collectively toward their goals.&nbsp;The other nominees in the best&nbsp;Financial Services and Banking App category include: TurboTax, Cash App, Claire, and Westpac.&nbsp;“Nominees like Qapital are setting the standard for innovation and creativity on the Internet,” said&nbsp;Nick Borenstein, General Manager of The Webby Awards. “It is an incredible achievement to be selected among the best from the nearly 13,000 entries we received this year.”&nbsp;Hailed as the “Internet’s highest honor” by&nbsp;The New York Times, The Webby Awards, presented by the International Academy of Digital Arts and Sciences (IADAS), is the leading international awards organization honoring excellence on the Internet. IADAS, which nominates and selects The Webby Award Winners, is comprised of internet industry experts including&nbsp;Marian Croak, VP of Engineering – Responsible AI &amp; Human Centered Technology, Google; Sarah Harden, CEO, Hello Sunshine;&nbsp;Tobe Nwigwe, Artist &amp; Actor;&nbsp;Shigetaka Kurita, Artist &amp; Father of Emojis;&nbsp;Severin Hacker, Cofounder &amp; CTO, Duolingo;&nbsp;Law Roach, Image Architect;&nbsp;Yann LeCun, VP &amp; Chief AI Scientist, Meta;&nbsp;Roxane Gay, Host, The Roxane Gay Agenda;&nbsp;Quinta Brunson, Writer, Director and Actor;&nbsp;Questlove, DJ and Producer;&nbsp;Todd Kaplan, Chief Marketing Officer, Pepsi Co;&nbsp;Ashley Murphy, VP Global Consumer Marketing, Rare Beauty;&nbsp;Nelly Mensah, VP of Digital Innovation, Global Head of Web3 and Metaverse, LVMH; Jim Habig, Vice President Marketing, LinkedIn; and&nbsp;Tonya Custis, Director of AI Research, Autodesk.&nbsp;All Webby and Webby People’s Voice Award Winners will be announced on Tuesday, April 23rd and honored in a star-studded show in New York City.&nbsp;&nbsp;Don’t forget to vote for Qapital&nbsp;<a href="https://vote.webbyawards.com/PublicVoting#/2024/apps-software/general-apps/financial-services-banking">here</a>!&nbsp;

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