News Summary

Charles Schwab has led a $26.5 million Series B investment in Qapita, a Singapore-based equity management platform. The collaboration introduces Schwab Private Issuer Equity Services, leveraging Qapita’s technology to aid U.S. startups in managing cap tables, employee stock plans, and preparing for public listings. Qapita, founded by Ravi Ravulaparthi, Lakshman Gupta, and Vamsee Mohan, serves over 2,700 companies primarily in India and Southeast Asia, with growing interests in the U.S. This partnership marks a strategic expansion into the American market, competing with established players like Carta and Pulley. The platform will also integrate with Schwab’s wealth management network, supporting companies and employees in equity management and IPO preparations.