QLife Money has announced the first nationwide financial solution for LGBTQ+-owned and allied businesses as the latest feature of the QLife Money suite of products and services.
QLife Money provides the latest in digital financial services solutions to LGBTQ+-owned and allied businesses who have unique needs that can’t be met by a legacy bank. Businesses that join QLife Marketplace will be eligible to open a free QLife Money Business Account beginning October 1.
“We’re providing full-featured financial services at your digital fingertips, with no monthly service fees, no minimum balance, and no credit checks,” said Russ White, co-founder of QLife Media, and CTO of QLife Money and QLife Marketplace.
QLife Money Business Accounts are available to businesses of all sizes, including sole proprietors, gig-workers, small businesses, partnerships, nonprofit organizations, and corporations.
QLife Money lets customers take full control of their business finances, including issuing debit cards in seconds and setting customized spending controls. “QLife Money Business Account holders can create cards that work exactly how they want, setting spending limits, allowed business types, and designating virtual or physical cards for one or multiple users,” said Sonya Koptyev, CMO of QLife Money and QLife Marketplace. “Business owners can manage their finances all through a digital dashboard any time, making it even more streamlined to run their business.”
“Soon, we’ll also make it simple for small businesses to accomplish the business basics: accounting, sales tax reports, and paying bills, vendors, and subcontractors,” said Garrett Pattiani, co-founder of QLife Media.
Membership in QLife Marketplace is $300 per year, and businesses that are members of their local LGBTQ+ chamber of commerce receive a 50% discount. For a list of US-based organizations, go here.
Designed a digital-first solution for B2B, the services will initially focus on the needs of businesses. Members will also receive a free subscription to QLife Money Magazine starting this fall. QLife Money Magazine will feature articles of interest to the LGBTQ+ business community, including featured interviews with business owners and community leaders around the country.