EQITrade’s subsidiary, EQIBank, operates as a global digital bank focused on businesses and high-net-worth individuals, offering 24/7 cloud-based, multi-currency banking. The bank provides offshore, tax-exempt tailored personal and corporate banking services to clients in 180 countries and territories. EQIBank emphasizes real-time insights, high barriers to entry, and broad product availability across jurisdictions. Its stated strategy is to accelerate simplification and establish a new global standard of banking using Open Banking Standards and Open APIs. The company positions itself to expand product reach and simplify cross-border banking for corporate and HNW clients. The business recently secured new growth equity financing, which it plans to deploy to support continued product and geographic expansion. EQITrade is a financial technology firm whose subsidiaries include EQIBank, a digital bank focused on businesses and high‑net‑worth individuals across 180 countries. EQIBank provides personal and corporate accounts, card services, foreign exchange, lending, custody, and wealth‑management products via a multi‑channel, scalable core platform. The bank emphasizes streamlined onboarding, simple user interfaces, 24/7 cloud‑based access, real‑time insights, and uses Open Banking standards and Open APIs to pursue a new global banking standard. Its services are delivered offshore and tax‑exempt, and the company highlights high barriers to entry. EQITrade has begun securing external financing, announcing the first tranche of a multi‑million‑dollar convertible note financed by US Capital Global. Company leadership said the financing will support expansion into new markets amid the COVID‑19 pandemic.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Apr 2021