FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). The funding also had participation from Alibaba Hong Kong Entrepreneurs Fund and MindWorks Ventures following their initial investments in the company’s seed round. “The growing...
Alibaba is enhancing its relationship with invoice financing company Qupital, reports in AsiaOne on Thursday (March 15) said. Their partnership means Alibaba small business sellers that are members of the platform’s Gold Supplier program will be linked to invoice financing via Qupital. The initiative follows...
B2B venture capitalists seem in a bit of a summer haze. Analysts say investment in the B2B FinTech space is rising, but this week, only three funding rounds closed (in alternative lending, Big Data and a matchmaking service linking enterprises to R&D services). But fear...
Alibaba has made its first FinTech investment in a Hong Kong-based startup, and the target is a B2B player. Reports Monday (May 15) said Alibaba invested in Qupital, an alternative SME lender, and its largest online invoice discounting platform. Qupital links small business borrowers to...
June 24, 2020
Hong Kong-based FinTech Qupital is expanding its reach as it unveils a deal to provide financing services to eBay sellers in one of the world’s fastest growing markets, Greater China. Under the agreement with eBay, Qupital will become one of the global eCommerce platform’s finance partners in Hong Kong, the firm stated in a press […]
March 28, 2019
FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). The funding also had participation from Alibaba Hong Kong Entrepreneurs...
