Qupital secures Series B2 funding to fuel market expansion and product innovation

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HONG KONG SAR – Media OutReach Newswire – 25 January 2024 – Qupital, Asia’s leading data-driven financing platform for SMEs in the new economy, today announced its new Series B2 financing round funded by a consortium of new and existing investors from Hong Kong and Southeast Asia. The fresh capital injection will be instrumental in scaling its securitisation facility backed by Citi, which supports its rapidly growing […]

Hashtag: #Qupital #fundraising #fintech #tradefinance #ecommerce #business #technology

https://www.qupital.com

The issuer is solely responsible for the content of this announcement.

Qupital is a Hong Kong based FinTech company that specializes in data-driven financing, primarily serving US and Europe-facing merchants in China selling on platforms like Amazon, eBay, Shopee, Lazada, as well as domestic merchants in China on JD.com, Tmall and Pinduoduo etc. To date, it has disbursed over US$2B since 2016 with a notably low default rate of below 0.1%, demonstrating industry-leading performance. Some of its high profile investors include Alibaba, Citi, Greater Bay Area Homeland Development Fund and the Hong Kong Government.

For more information, please visit: https://www.qupital.com/.

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https://thearabianpost.com/qupital-secures-series-b2-funding-to-fuel-market-expansion-and-product-innovation/