Funding daily

Fintech Startup Qupital Raises $150 Million in an Effort to Expand Footprint

What Qupital is and what does it do?

Qupital is a Hong Kong-based fintech company that offers cross-border e-commerce financing.

Who founded Qupital?

The company was founded in 2016, Andy Chan is Qupital’s co-founder & president and Winston Wong is the firm’s co-founder and CEO

How much has Qupital raised?

$150 million, the funding also covers a credit securitization facility from global investment bank Citi.

Who has invested in Qupital?

The Series B round was led by GBA Homeland. ITVF, a fund set up by the HK government, MindWorks Capital, Silverhorn Group, and Alibaba Entrepreneurs Fund, backed by e-commerce giant Alibaba, also participated in the operation.

What domain name does Qupital operate on?

The fintech Hong Kongese startup can be found at Qupital.com, its exact brand match. The name, yet very distinctive, as such, would probably not pass the radio test. 

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ArnaudJRPB

Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
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