Qik
Dominican Republic's first neobank.
- Who holds it
- The company itself — it holds a full banking licence — Full banking license (banco múltiple, Dominican Republic, Oct 2022; Grupo Popular).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Qik’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Santo Domingo, DO |
| Founded | 2021 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Full banking license (banco múltiple, Dominican Republic, Oct 2022; Grupo Popular) |
| Card | MC · Debit |
| Cashback | Cashback |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Latin America |
Verified links: official site ↗
Common questions about Qik
What is Qik?
Qik is a fiat neobank, headquartered in Santo Domingo, DO and founded in 2021. Your money is held custodially, so Qik or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Full banking license (banco múltiple, Dominican Republic, Oct 2022; Grupo Popular)).
Does Qik have a card, and where can you use it?
It issues a Mastercard debit card. It is available in Latin America.
Does Qik require KYC?
Yes. Qik requires identity verification (KYC) to open an account, as a licensed bank.
What does Qik cost?
From the verified fields: cashback Cashback. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Qik before relying on them.
Peers
Wise · Nubank · Banco Inter · PicPay · PagBank · Nequi
Qik appears in
Neobanks that hold their own banking license (132) · Neobanks available in Latin America (113) · Neobanks that issue a Mastercard (150)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.