In August 2025, I entered into a business contract with Qubit Capital (QUBIT FINTECH - FZCO) for fundraising and consultancy services, paying an upfront fee of $4,563.00 USD. The contract explicitly included a written clause guaranteeing a full refund of the capital if they failed to deliver the agreed results or investor engagements.
Throughout the contract period, the company failed to provide any professional value, qualified leads, or deliverable outcomes. Upon completion with zero results, I formally requested the contractual refund. Qubit Capital has completely breached our legally binding agreement, refused to honor their written guarantees, and ceased professional communication while unlawfully withholding my funds.
Research on platforms like Trustpilot shows this is a recurring operational pattern affecting multiple international founders. This dispute has already been formally escalated to Dubai’s Department of Economy and Tourism (DET), the Saudi Ministry of Commerce, and US Startup Protection agencies. I have also initiated a fraud dispute with my financial institution to target and block their payment gateway access.
Desired Resolution: Qubit Capital must immediately honor their contractual agreement and issue a full refund of the $4,563.00 USD upfront fee.
Claimed loss: 4,563.00 USD
Desired outcome: A full refund of the $4,563.00 USD upfront fee as explicitly guaranteed in our contractual agreement.
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