AbaQus

AbaQus is a Vancouver-based quantum computing startup founded in 2021 by David Isaac and Chris Coleman, building a research platform enabling financial organizations to explore, experiment, and deploy quantum computing for risk management, optimization, and pricing. Co-founder and CEO David Isaac has over 20 years of technology sector experience and founded Quantum News, a respected platform for quantum technology analysis. In November 2024, AbaQus partnered with the Quantum Algorithms Institute (QAI) and InvestDEFY Technologies to solve machine learning model training challenges for financial applications using D-Wave’s quantum annealing systems. AbaQus Computing empowers financial institutions to harness quantum computing capabilities for complex challenges in risk management, optimization, and predictive analytics. The company contributes to Vancouver’s emerging quantum computing hub, developing practical quantum applications for financial services sectors.

AbaQus Computing

AbaQus is a Vancouver-based startup founded in 2021 by David Isaac and Chris Coleman building a research platform enabling financial organizations to explore, experiment and deploy quantum computing for risk management, optimization, and pricing. In November 2024, Quantum Algorithms Institute (QAI) announced partnership with AbaQus and InvestDEFY Technologies to solve common challenges in training machine learning models for financial applications using D-Wave’s quantum annealing systems. Partnership tackles complex problems in financial forecasting and predictive analytics such as non-stationary data, model overfitting, and generalization, making financial machine learning more streamlined by eliminating unnecessary features in financial datasets. Joined Quantum Industry Canada in April 2024. Provides comprehensive package including skills transfer, hardware access, and quantum algorithm development, aiming to accelerate quantum readiness within financial sector. Specializes in quantum-inspired feature selection and data analysis.

Adaptive Finance Technologies

Adaptive Finance Technologies is a Canadian fintech company founded in 2020, developing quantum-enabled, AI-driven investment management solutions for institutional and retail investors. The company combines quantum computing capabilities with artificial intelligence to create advanced portfolio optimization, risk management, and algorithmic trading systems that can process complex financial data and market conditions. Adaptive Finance Technologies provides quantum-enhanced investment platforms, risk analysis tools, and automated trading systems that leverage quantum algorithms for optimization problems in financial markets. The company serves investment managers, hedge funds, pension funds, and financial institutions seeking advanced computational capabilities for investment decision-making and portfolio management applications.

Banco de Santander Quantum Division

Banco de Santander is a Spanish multinational financial services company founded in 1857 and headquartered in Madrid, Spain, with Quantum Division focusing on quantum-safe financial services and quantum cryptography implementations. Santander participates in Spain’s QKD-GEO quantum key distribution geostationary satellite mission analyzing real use cases with Hispasat, BBVA, Telefónica, and Cellnex for quantum-secure banking communications. The bank invests in quantum-safe security technologies preparing financial infrastructure for post-quantum cryptography era and quantum computing threats to current encryption protecting financial transactions and customer data. Santander explores quantum key distribution for ultra-secure banking communications, post-quantum cryptography for protecting financial data, and quantum-safe blockchain implementations for digital banking services. The company collaborates with quantum security providers implementing NIST-approved PQC algorithms across banking infrastructure. Banco de Santander serves global banking markets requiring quantum-safe financial services, secure payment systems, and quantum-resistant cryptography protecting customer transactions, financial data, and banking communications against quantum computing threats.

Bank of America

Bank of America Corporation is an American multinational investment bank and financial services company founded in 1904, headquartered in Charlotte, North Carolina. Bank of America explores quantum computing for financial services including risk modeling, fraud detection, portfolio optimization, and financial modeling. The company filed numerous quantum computing patents for financial applications and collaborates with quantum computing providers exploring quantum advantage for banking operations. Bank of America investigates quantum algorithms for credit risk assessment, trading optimization, and financial forecasting. The company serves global banking markets requiring quantum-enhanced computational capabilities for financial services. Bank of America advances quantum computing research in financial industry contributing to quantum technology adoption in banking sector and preparing for quantum advantage in computational finance and risk management.

Barclays

Barclays PLC is a British multinational universal bank founded in 1690, headquartered in London, United Kingdom. Barclays explores quantum computing for financial services including portfolio optimization, derivatives pricing, risk analysis, and trading optimization. The company collaborates with quantum computing providers developing quantum algorithms for banking applications and quantum-safe security for financial transactions. Barclays investigates post-quantum cryptography protecting financial data and banking infrastructure against quantum computing threats. The company serves global banking markets requiring quantum-enhanced computational capabilities and quantum-safe security for financial services. Barclays advances quantum technology adoption in banking industry contributing to quantum computing research in finance and preparing for quantum-safe security transitions protecting banking operations and customer data against emerging quantum computing threats to financial security.

BBVA Quantum Division

Banco Bilbao Vizcaya Argentaria (BBVA) is a Spanish multinational financial services company founded in 1857 (origins) and headquartered in Madrid, Spain, with Quantum Division developing quantum-safe banking technologies and post-quantum cryptography implementations. BBVA participates in Spain’s QKD-GEO quantum key distribution geostationary satellite mission analyzing real use cases with Hispasat, Banco de Santander, Telefónica, and Cellnex for quantum-secure financial communications. The bank invests in quantum computing research, quantum-safe security technologies, and post-quantum cryptography preparing financial infrastructure for quantum computing threats to current encryption standards. BBVA explores quantum key distribution for ultra-secure interbank communications, post-quantum cryptography algorithms for protecting financial transactions, and quantum-safe blockchain for digital banking services. The company collaborates with quantum security providers implementing quantum-resistant cryptography across banking systems. BBVA serves global financial markets requiring quantum-safe banking infrastructure, secure payment systems, and quantum-resistant encryption protecting customer data, financial transactions, and banking communications against emerging quantum computing capabilities threatening current cryptographic systems.

Cisco Quantum Labs

Cisco Quantum Labs is Cisco Systems Inc.’s quantum networking research division established in Santa Monica and San Jose facilities, founded in 2021. In May 2025, Cisco formally opened its Quantum Labs facility in Santa Monica, unveiling industry-first quantum technologies including network-aware distributed quantum compiler enabling quantum algorithms across multiple networked processors, vendor-agnostic quantum networking framework, and prototype quantum entanglement chip developed with UC Santa Barbara generating one million entangled photon pairs per second at room temperature. Cisco’s quantum networking vision accelerates practical quantum computing applications from decades to 5-10 years, creating foundation for quantum internet. In September 2025, Cisco expanded its quantum networking software portfolio with enhanced network orchestration capabilities for quantum key distribution (QKD) networks, enabling enterprise-grade quantum-safe communications infrastructure and integration with existing network management systems for hybrid classical-quantum network deployments. Cisco Quantum Labs serves telecommunications operators, enterprises, government agencies, and cloud providers requiring quantum networking infrastructure.

Citigroup

Citigroup Inc. is an American multinational investment bank and financial services corporation founded in 1998 (through merger of Citicorp and Travelers Group), headquartered in New York City. Citigroup explores quantum computing applications for financial services including derivatives pricing, risk management, portfolio optimization, and fraud detection. The company collaborates with quantum computing providers and quantum software companies developing quantum algorithms for banking applications. Citigroup investigates quantum machine learning for financial data analysis and quantum optimization for trading strategies. The company serves global financial services markets requiring quantum-enhanced computational capabilities for complex financial calculations. Citigroup advances quantum computing adoption in banking industry preparing for quantum advantage in computational finance and demonstrating practical quantum applications for investment banking and financial risk management.

Classiq

Classiq has revolutionized quantum software development with its groundbreaking platform that automatically synthesizes high-level functional models into optimized quantum circuits. Founded in 2020 by Nir Minerbi, Yehuda Naveh, and Amir Naveh, the company addresses one of quantum computing’s biggest challenges: translating complex algorithms into efficient quantum circuits. Classiq’s platform uses advanced synthesis algorithms to automatically generate, optimize, and analyze quantum circuits, dramatically reducing development time from months to days. The platform supports multiple quantum hardware backends and integrates with existing quantum development frameworks, enabling developers to focus on algorithm logic rather than low-level circuit optimization. In May 2025, Classiq raised $110 million in Series C funding, the largest ever for a quantum software company. In October 2025, Classiq was named to Fast Company’s annual Next Big Things in Tech list in the Computing, Chips and Foundational Technology category for transforming how organizations produce software for quantum computers, with Classiq technology being used by dozens of global enterprises and at over 400 universities. In October 2025, Comcast launched a quantum lab and began trials using quantum computing to improve broadband network management, partnering with D-Wave and Classiq to test applications such as traffic optimization and predictive issue resolution. Classiq has secured significant funding and partnerships with quantum hardware companies, cloud providers, and research institutions. Their technology has been adopted by organizations ranging from startups to Fortune 500 companies working on quantum applications in finance, chemistry, optimization, and machine learning. As quantum computers scale toward practical applications, Classiq’s software synthesis approach becomes increasingly critical for unlocking quantum advantage.

Commonwealth Bank

Commonwealth Bank of Australia (CommBank) is an Australian multinational bank founded in 1911, headquartered in Sydney, Australia. CommBank is quantum computing leader in Australian banking industry conducting pioneering quantum research and quantum security trials. The company demonstrated quantum-secure blockchain networks and quantum random number generation for banking security. CommBank collaborates with quantum computing companies including Q-CTRL and other Australian quantum startups developing practical quantum applications for banking. The company explores quantum algorithms for fraud detection, risk management, and financial optimization. CommBank serves Australian banking markets requiring quantum-enhanced security and computational capabilities for financial services. CommBank advances quantum computing adoption in banking industry positioning Australia as quantum finance leader demonstrating practical quantum applications for banking operations and quantum-safe security implementations.

Credit Suisse

Credit Suisse Group AG was a Swiss multinational investment bank founded in 1856, headquartered in Zurich, Switzerland, acquired by UBS in 2023. Credit Suisse explored quantum computing for financial services including portfolio optimization, risk analysis, and derivatives pricing. The company investigated quantum algorithms for wealth management and investment banking applications. Credit Suisse collaborated with quantum computing providers developing quantum solutions for banking operations. The company contributed to quantum computing research in Swiss banking industry advancing quantum finance applications. Following UBS acquisition, Credit Suisse quantum initiatives integrated into UBS quantum programs continuing quantum technology exploration in Swiss financial services sector for investment banking, wealth management, and computational finance applications demonstrating quantum technology adoption in European banking industry.

Deutsche Bank

Deutsche Bank AG is a German multinational investment bank and financial services company founded in 1870, headquartered in Frankfurt, Germany. Deutsche Bank explores quantum computing for financial services including portfolio optimization, derivatives pricing, risk management, and trading optimization. The company collaborates with quantum computing providers and research institutions developing quantum algorithms for banking applications. Deutsche Bank investigates quantum machine learning for financial market analysis and fraud detection. The company serves global investment banking, asset management, and private banking markets requiring quantum-enhanced computational capabilities for complex financial calculations. Deutsche Bank advances quantum computing adoption in European banking industry contributing to quantum finance research and preparing for quantum advantage in computational finance demonstrating practical quantum applications for investment banking and financial risk management.

Goldman Sachs

Goldman Sachs Group Inc. is an American multinational investment bank and financial services company founded in 1869, investing in quantum computing since 2012 backing quantum hardware company D-Wave Systems and developing quantum algorithms for options trading. Goldman Sachs works with Quantum Motion investigating how quantum computing can be used for complex calculations including options pricing and risk analysis. The firm develops quantum algorithms for portfolio optimization, Monte Carlo simulations, derivatives pricing, and financial modeling applications. Goldman Sachs applies quantum computing to trading strategy optimization, risk management, market prediction, and quantitative finance advancing computational finance capabilities. Goldman Sachs invests in quantum computing startups, quantum algorithm research, and quantum-safe cryptography preparing financial systems for quantum threats. Goldman Sachs serves global investment banking and financial services market requiring quantum-enhanced computational capabilities for trading, asset management, and financial engineering. Goldman Sachs leads Wall Street in quantum computing adoption alongside JPMorgan Chase exploring quantum advantage for financial services.

HSBC

HSBC Holdings PLC is a British multinational universal bank and financial services holding company founded March 3, 1865, working with Quantinuum since June 2023 and successfully trialing first application of quantum-secure technology for buying and selling tokenized physical gold in September 2024. On September 25, 2025, HSBC and IBM announced the world’s first-known empirical evidence of the potential value of current quantum computers for solving real-world problems in algorithmic bond trading, leveraging a quantum-classical hybrid approach that delivered up to a 34 percent improvement in predicting how likely a trade would be filled at a quoted price, demonstrating quantum advantage for financial applications. HSBC quantum computing trial beat Wall Street rivals demonstrating leadership in quantum finance applications and quantum-safe security implementations. The bank applies quantum computing to risk management, portfolio optimization, fraud detection, asset pricing, algorithmic trading, and secure tokenized asset transactions using quantum key distribution. HSBC invests in post-quantum cryptography, quantum-safe communication networks, and quantum computing applications for banking operations. HSBC serves global banking and financial services market requiring quantum-enhanced computational capabilities and quantum-safe security for transactions, communications, and data protection. HSBC collaborates with leading quantum companies including IBM and Quantinuum advancing practical quantum applications for financial services industry alongside JPMorgan Chase and Goldman Sachs leading quantum finance adoption.

IBM Quantum

In 2024-2025, IBM Quantum unveiled its 156-qubit Heron processor featuring a new architectural approach emphasizing modularity and error mitigation, achieving 16 times better performance and a 25-fold increase in speed over 2022 systems. At the inaugural IBM Quantum Developer Conference in 2024, IBM achieved accurate computations on circuits with 100 qubits and gate depths of 100 and 5,000 two-qubit gate operations in under a day’s runtime. IBM introduced multi-chip coupling innovations including ’l-couplers’ for linking distant chips via cables and ’m-couplers’ for tightly connecting adjacent chips, demonstrated with IBM Quantum Flamingo connecting two Heron R2 chips, with the production-ready Flamingo system expected in 2025. IBM’s roadmap extends to 2026 with the Kookaburra system demonstrating the first integration of logical qubit processing with quantum memory, and by 2028, the Starling system will operate 200 logical qubits requiring approximately 10,000 physical qubits using IBM’s efficient LDPC codes.

JPMorgan Chase

JPMorgan Chase & Co. is an American multinational financial services firm founded in 1799, operating specialist teams working on quantum technologies and leading $300 million funding round in Quantinuum demonstrating significant quantum investment commitment. JPMorgan Chase has been working with Quantinuum and predecessor companies since 2020, partnered with IBM, Amazon, and academic labs on projects ranging from quantum portfolio optimization to quantum-safe encryption. The bank applies quantum computing to risk management, portfolio optimization, derivatives pricing, fraud detection, and asset price prediction achieving potential manifold enhancement of banking capabilities. JPMorgan Chase invests in quantum computing infrastructure, quantum algorithm development, and quantum-safe cryptography preparing for post-quantum security threats. JPMorgan Chase serves global financial services market requiring quantum-enhanced computational capabilities for trading, risk analysis, and secure communications. JPMorgan Chase leads financial services industry in quantum computing adoption alongside HSBC and Goldman Sachs advancing quantum finance applications.

Lumenisity

Lumenisity is a UK-based photonics company founded in 2017 as spinout from University of Southampton developing hollow core fiber technology for quantum communications and telecommunications. The company CoreSmart hollow core fibers enable ultra-low latency data transmission and enhanced security ideal for quantum key distribution (QKD) networks. Lumenisity was acquired by Microsoft in 2022 to advance hollow core fiber deployment for cloud and quantum networking infrastructure. The company technology reduces signal latency and improves data security compared to traditional solid core optical fibers. Lumenisity serves telecommunications operators, financial services, cloud providers, and quantum communication networks requiring ultra-fast secure data transmission. The company contributes to quantum communications infrastructure development advancing quantum-safe networking and quantum internet infrastructure.

Morgan Stanley

Morgan Stanley is an American multinational investment bank and financial services company founded in 1935, headquartered in New York City. Morgan Stanley explores quantum computing applications for financial services including portfolio optimization, risk analysis, derivatives pricing, Monte Carlo simulations, and trading strategy optimization. The company collaborates with quantum computing providers including IBM and others developing quantum algorithms for financial applications. Morgan Stanley investigates quantum machine learning for financial data analysis and quantum optimization for asset allocation. The company serves global financial services markets requiring quantum-enhanced computational capabilities for complex financial calculations. Morgan Stanley advances quantum computing adoption in financial services industry demonstrating practical quantum applications for banking and investment management preparing financial sector for quantum advantage in computational finance.

Multiverse Computing

Multiverse Computing is a leading quantum software company specializing in quantum applications for the financial services industry, offering quantum solutions that provide competitive advantages in portfolio optimization, risk management, and derivative pricing. Founded in 2019 by Enrique Lizaso and Alfonso Rubio-Manzanares, the company has developed Singularity, a comprehensive quantum software platform that enables financial institutions to leverage quantum computing without requiring deep quantum expertise. Multiverse’s solutions address critical financial challenges including portfolio optimization with complex constraints, Monte Carlo simulations for risk assessment, and machine learning for algorithmic trading and fraud detection. The company has established partnerships with major financial institutions, central banks, and consulting firms across Europe, North America, and Asia. Their quantum advantage demonstrations have shown significant improvements in optimization problems, with some algorithms achieving exponential speedups over classical approaches. Multiverse Computing’s focus on practical, near-term quantum applications in finance positions them at the forefront of the quantum computing revolution in financial services, helping institutions prepare for quantum advantage while navigating the transition from classical to quantum computing paradigms.

ORIENTOM

ORIENTOM is a South Korean startup founded in 2020 by Alfred Bang (Seung-hyun Bang) who serves as CEO and Chairman of Korea Quantum Industry Association (KQIA), developing application software making quantum computing accessible for financial services. The company collaborates with Yonsei University conducting joint research on applying quantum computing to solve financial problems and advance industrial applications, with Yonsei students working as ORIENTOM interns presenting papers analyzing potential and limitations of quantum financial algorithms. ORIENTOM develops and integrates various financial algorithms including portfolio optimization, risk assessment, derivative pricing, and financial market modeling into financial platforms. In October 2025, ORIENTOM announced plans to build middleware platform comprising complete quantum finance algorithms by targeting 2030, working on national project related to derivative product valuation with Kookmin Bank and Yonsei University. ORIENTOM collaborates with NVIDIA and expanded into Southeast Asia in 2025, serving Korean and Asian financial institutions requiring quantum-enhanced computational capabilities.

Qilimanjaro

Qilimanjaro Quantum Tech is a Barcelona Supercomputer Center spinout founded in 2019 that develops quantum computing solutions combining quantum annealing and gate-model quantum computing approaches, creating hybrid quantum-classical systems that can solve optimization problems and quantum simulations for industries including finance, logistics, and materials science, leveraging Spain’s supercomputing expertise and European quantum initiatives to advance practical quantum computing applications with focus on near-term quantum advantage in optimization and simulation problems. In September 2025, Qilimanjaro announced a strategic partnership with Qblox, a Netherlands-based quantum control hardware company, to integrate Qblox’s control electronics with Qilimanjaro’s superconducting quantum processors, enabling enhanced scalability and performance for their quantum computing systems through advanced control and readout capabilities. In October 2025, Qilimanjaro joined the IMPAQT UA cooperative consortium as the first analog quantum computing company, focused on building interoperable and scalable quantum systems through collaborative research and development with other European quantum technology organizations. In October 2025, Qilimanjaro Quantum Tech and QURECA signed a collaboration agreement for quantum education, including workshops on analog and hybrid quantum computing with hands-on access to Qilimanjaro’s platform to advance quantum computing education and workforce development.

QuantFi

QuantFi is a French research and development startup creating quantum computer algorithms specifically for the financial services industry, focusing on applications in risk analysis, portfolio optimization, derivatives pricing, and financial modeling. The company develops quantum algorithms for complex financial calculations that can benefit from quantum computing advantages, including Monte Carlo simulations, optimization problems, and risk assessment applications that are computationally intensive for classical systems. QuantFi provides consulting services and develops custom quantum finance solutions for banks, investment firms, insurance companies, and fintech companies seeking to explore quantum computing applications in financial services. The company contributes to France’s quantum technology ecosystem by advancing practical quantum applications in finance and developing quantum algorithms tailored for financial industry requirements.

Quantinuum

In 2024-2025, Quantinuum achieved several historic milestones with its H-series quantum computers. The company surpassed a quantum volume of one million (1,048,576 or 2^20) and later achieved 33.5 million, surpassing competitors by a factor of 16,000. Quantinuum achieved ’three 9’s’ (99.9%) 2-qubit gate fidelity in its commercial quantum computer. In collaboration with Microsoft, the company demonstrated the most reliable logical qubits to date, with error rates 800 times lower than corresponding physical circuit error rates, advancing Quantinuum’s System Model H2 to Microsoft’s Level 2—Resilient phase of quantum computing. With JPMorgan Chase, Quantinuum achieved a 100x improvement over existing industry benchmarks using the H2-1 quantum computer with 56 trapped-ion qubits, setting a new world record for the cross entropy benchmark. The company announced its next system, Helios, set to launch in 2025 with 96 qubits and enhanced computational capabilities expected by mid-2025. In August 2025, Quantinuum raised approximately $400 million in a Series B funding round at a valuation of $10 billion. The round included a $50 million investment from Quanta at $26.76 per share, marking a major milestone in quantum computing financing. This Series B positions Quantinuum as one of the highest-valued quantum computing companies globally and provides capital to advance the development of the Helios system and expand commercial quantum computing services.

Quantum Signals

Quantum Signals is a Paris-based startup founded in 2024 that merges artificial intelligence with quantum algorithms to reshape financial markets. The company is backed by Quantonation II and focuses on developing quantum-enhanced financial modeling and prediction systems. Quantum Signals applies hybrid quantum-classical approaches to solve complex financial optimization and risk management problems.

Company Information

• Founded: 2024
• Country: France
• Website: https://quantumsignals.ai
• Categories: quantum ai, quantum finance

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Quantum Terminal

Quantum Terminal is an Australian quantum technology company founded in 2018 developing quantum computing applications for financial services and fintech sectors. The company focuses on quantum algorithms for portfolio optimization, risk analysis, derivatives pricing, and financial modeling. Quantum Terminal provides quantum software tools and quantum computing access for financial institutions exploring quantum advantage in computational finance. The company collaborates with financial services firms and quantum computing providers developing practical quantum applications for banking, trading, and investment management. Quantum Terminal serves financial services industry including banks, hedge funds, asset managers, and fintech companies requiring quantum-enhanced computational capabilities for complex financial calculations and risk management advancing quantum technology adoption in finance sector.

QuantumLeap AI

QuantumLeap AI develops quantum machine learning software and AI-powered quantum algorithm optimization tools. The company combines quantum computing with classical AI to create hybrid systems for complex data analysis and pattern recognition. QuantumLeap AI’s platform provides tools for quantum neural network development, quantum feature extraction, and quantum-enhanced AI model training. Target applications include drug discovery, materials science, and financial modeling where quantum machine learning can provide advantages. Based in London, QuantumLeap AI collaborates with AI researchers and quantum computing companies. The company focuses on practical quantum machine learning applications deliverable on near-term quantum hardware. QuantumLeap AI offers both software tools and consulting services for quantum AI development.

QuEra Computing

In April 2024, QuEra Computing added local qubit control to its 256-qubit quantum computer Aquila, allowing for more flexibility in programming qubits independently and broadening the range of problems the computer can solve. In May 2024, QuEra Computing expanded its Boston headquarters to meet growing demand for quantum computers in the US, Europe, and Asia, having recently signed deals with the UK’s National Quantum Computing Centre and Japan’s National Institute of Advanced Industrial Science and Technology. QuEra announced a strategic roadmap for error-corrected quantum computers, aiming to reach 100 logical error-corrected qubits by 2026, with a quantum computer featuring ten logical qubits in 2024, an enhanced model with 30 logical error-corrected qubits in 2025, and a third-generation model with 100 logical qubits in 2026. QuEra’s Aquila remains the first and only publicly accessible neutral atom quantum computer, available through Amazon Braket, using programmable arrays of neutral Rubidium atoms trapped in vacuum by tightly focused laser beams.

QuVantum

QuVantum develops quantum software for financial services focusing on portfolio optimization, risk analysis, and derivative pricing. The company provides quantum algorithms and software tools tailored to financial mathematics and quantitative finance. QuVantum works with Swiss financial institutions to develop quantum computing applications for trading, risk management, and financial modeling. The company’s platform combines quantum optimization with Monte Carlo simulation techniques to improve computational performance for financial calculations. Based in Switzerland’s financial hub, QuVantum collaborates with banks, asset managers, and fintech companies. The company focuses on hybrid quantum-classical approaches delivering practical improvements for financial computations using current quantum hardware. QuVantum offers consulting services helping financial institutions assess quantum computing opportunities.

Rabobank Quantum

Rabobank investigates quantum computing applications for financial services including quantum algorithms for portfolio optimization, risk analysis, fraud detection, and quantum-safe cryptography for secure banking operations. The Dutch multinational bank explores quantum machine learning for financial modeling, derivatives pricing, and algorithmic trading systems that could provide computational advantages for complex financial calculations. Rabobank researches quantum technologies for enhancing cybersecurity measures, developing post-quantum cryptographic solutions, and preparing banking infrastructure for quantum-safe security implementations. The company collaborates with quantum technology providers and research institutions to advance practical quantum applications in banking and finance while contributing to the financial sector’s preparation for quantum computing adoption.

Sparring Capital Partners

Sparring Capital Partners is a European venture capital firm founded in 2019, focusing on deep tech and enterprise software investments including quantum security companies. In March 2025, Sparring Capital Partners led Quantum Industries’ 9.5 million euro seed financing round alongside Findus Venture and KGAL, supporting Vienna-based quantum secure communications company. The firm invests in early-stage and growth-stage technology companies developing quantum cryptography, cybersecurity, enterprise software, and deep tech solutions. Sparring Capital Partners brings capital, strategic expertise, and industry connections to quantum security startups commercializing quantum communications technologies. The firm serves European quantum technology ecosystem connecting startups with corporate partners, research institutions, and follow-on investors. Sparring Capital invests in quantum key distribution companies, post-quantum cryptography developers, quantum networking startups, and quantum-safe communications providers building practical commercial quantum security solutions. The firm contributes to European quantum technology growth supporting companies developing quantum-safe infrastructure for critical communications, government agencies, financial institutions, and telecommunications operators.

Standard Chartered

Standard Chartered PLC is a British multinational banking and financial services company founded in 1969 (through merger, origins to 1853), headquartered in London, United Kingdom. Standard Chartered explores quantum computing for banking applications including fraud detection, financial modeling, and risk management. The company investigates post-quantum cryptography protecting banking infrastructure and customer data against quantum computing threats. Standard Chartered collaborates with fintech companies and quantum providers exploring quantum advantage for international banking operations across Asia, Africa, and Middle East markets. The company serves emerging markets banking requiring quantum-enhanced security and computational capabilities for cross-border transactions and financial services. Standard Chartered contributes to quantum-safe banking development preparing for post-quantum security transitions protecting international banking operations.

TuringQ

TuringQ is China’s first optical quantum computing company established in 2021 by Professor Jin Xianmin from Shanghai Jiaotong University, specializing in photonic quantum processors using lithium niobate on insulator (LNOI) photonic chips and femtosecond laser direct writing technology, with products including the TuringQ Gen 1 fully integrated optical quantum computer and FeynmanPAQS quantum simulation software, having completed 500 million yuan ($79 million) in funding and established China’s first photonic chip pilot line in Wuxi for applications in financial technology, biomedicine, and artificial intelligence.

UBS

UBS Group AG is a Swiss multinational investment bank and financial services company founded in 1862 (current form from 1998 merger), headquartered in Zurich, Switzerland. UBS explores quantum computing for financial services including portfolio optimization, derivatives pricing, risk management, and wealth management optimization. The company collaborates with quantum computing providers developing quantum algorithms for investment banking and asset management applications. UBS investigates quantum machine learning for financial market analysis and quantum optimization for trading strategies. The company serves global wealth management, investment banking, and asset management markets requiring quantum-enhanced computational capabilities for complex financial calculations. UBS advances quantum computing adoption in financial services demonstrating practical quantum applications for banking and investment management preparing Swiss banking sector for quantum advantage in computational finance.

Wells Fargo

Wells Fargo & Company is an American multinational financial services company founded in 1852, headquartered in San Francisco, California. Wells Fargo explores quantum computing for banking applications including fraud detection, risk modeling, portfolio optimization, and financial forecasting. The company investigates quantum algorithms for credit risk assessment, customer analytics, and operational optimization. Wells Fargo collaborates with quantum computing providers and fintech companies exploring quantum advantage for banking operations. The company serves retail banking, commercial banking, and investment banking markets requiring quantum-enhanced computational capabilities for financial services. Wells Fargo advances quantum computing research in banking industry preparing for quantum technology adoption in financial sector and exploring practical quantum applications for banking operations and financial risk management advancing quantum technology integration in financial services industry.