Charles Schwab backs Singapore’s Qapita, a Carta challenger
Charles Schwab, a major financial services firm, has invested in Qapita, a Singaporean startup that aims to challenge the dominance of Carta in managing cap tables and employee stock plans for U.S. startups. Qapita, founded in 2020, offers a platform that helps startups streamline the administration of cap tables and equity programs. The partnership with Charles Schwab will allow Qapita to expand its services to U.S. startups, providing them with a new option for managing their equity and employee compensation. The move reflects the growing importance of cap table management in the startup ecosystem, as companies seek more efficient and user-friendly tools to handle these critical functions. The collaboration between Charles Schwab and Qapita aims to provide U.S. startups with a viable alternative to Carta, potentially disrupting the existing landscape of cap table management solutions.
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