facebookHas anyone tried QUANCY? - Seedly

Anonymous

28 Nov 2019

βˆ™

Credit Cards

Has anyone tried QUANCY?

What are your thoughts on it?
https://quancy.com.sg/

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Kelly Trinh

16 Nov 2019

Backoffice technical at financial services firm

Thanks to Google and its privacy busting data analytics, this QUANCY has been popping up a lot recently in my ads (its basically everywhere)

Haven't tried personally due to warnings signs:

  • Everything feel very new and 'rough' - seems like just pop out in September.
  • App doesn't reveal anything before asking for personal details
  • Website is very frugal with info on fees and charges
  • Q&A is essentially a few FAQs written by one guy
  • General lack of details on offering

Notably, I did try at least download app and try and put in complaint about the aggresive KYC - that was 2 weeks ago and no response; so a bit concerning.

One slight slight positive note - I did do some poking on ARCA and other corporate database websites - it does look there is collaborating evidence the firm does exist and have seed funding. But given concerns - I didn't weight this so much and didn't continue further.

Update 16 Nov - got email noting company is rebranding itself (changing names) and expanding its offering. A bit amazing from a company that just soft launched their product. All adding to something that looks concerning.

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