Seeking investment
We believe strengthening financial health and wellbeing can be achieved through an automated digital assistant that makes managing money that little bit easier.
Consumers that are financially vulnerable, overstretched but aspire for more have a need to better manage their finances. At the moment, manually controlling savings, mortgages, pensions, credit, loans and insurance proves problematic, and often bad decisions are made along the way through little fault of the consumer.
So we’re working towards a better solution that sees a consumer having their finances better managed with a digital assistant automating decisions on their behalf, and at a fraction of the cost of a traditional financial advisor.
The solution is powered by Open Banking and builds on the 5 years’ experience of Qpal designing, developing and deploying payment and financial data solutions internationally.
Aberdeen finds itself home to The Dons, oversized seagulls, granite architecture, North Sea oil, and since January 2016… Qpal.
Qpal proudly calls Scotland home; alumni of Scottish Edge, EIE, Wayra AI accelerator, Elevator Accelerator, and the Scottish Enterprise Start Global programme.
Founded by Craig Buchan, Qpal may have pivoted its technology and market focus along the way since inception, but the original vision of delivering the best possible digital experience remains firmly intact.
Untapped market opportunities existing outside of Scotland encouraged Qpal to fly the flag overseas early in the journey by launching in the Middle East in 2017, supported by investment and a partnership with Visa.
After driving cashless initiatives in the Middle East with our digital wallet tech, m-POS software and data solutions, the time to pivot and return to the UK came in late 2019.
Returning to the UK has resulted in streamlining the business to focus solely on the application of Open Baking in a commercial setting. Initially working on a proof of concept with Telefonica to link Open Banking into the Telco world, and now firmly focused on strengthening the financial health of vulnerable and overstretched consumers with an automated digital assistant.
The Qpal story is still early but with many twists already encountered along the way. Qpal is proud to be part of the Fintech Scotland ecosystem, and will always remain proud of its Scottish roots whilst aiming for growth internationally.

Craig Buchan – Founder & CEO


Kenny Steele – CTO


  • Funding Stage Self-funded
  • Trading for 1-5 years
  • Employees 1-5
  • Sector Personal Finance
  • Valuation N/A

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