# Qupital

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qupital

- Industry: Financial Services
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.qupital.com
- Total disclosed funding: $167M
- Latest round: Series B (Nov 9, 2021)
- Investors on record: 14

## About

Founded in 2016 and based in Hongkong, China, Qupital Limited is a financial technology company that provides cross-border e-commerce sellers with financing serves. It has established branch offices in Shanghai, Guangzhou, Hangzhou, Fuzhou, and Shenzhen. The company acquired Hong Kong ICT Awards and was selected as HK Tech Fast 20 and Rising Star Program in 2019. Qupital has stategic partnership with Greater Bay Area Homeland Development Fund, CreditEase, Gobi Partners and other investors. In September 2024, Qupital Limited raised an undisclosed amount of venture debt funding from new investor CLSA Capital Partners.
The company utilizes big data and self-developed risk control models to provide one-stop financing services for e-commerce sellers. The services provided by the company are able to digitize the financing process and improve the efficiency of financing. Its customers are Chinese overseas merchants on platforms such as Amazon, eBay, Shopee and Lazada, as well as imported e-commerce merchants on platforms such as JD.com, Tmall.com, Pinduoduo and Douyin.

The company will use the venture debt funding to enhance its securitization facility backed by e-commerce receivables.

## Funding rounds

- Series B, Nov 9, 2021, $150M — Citi Ventures, Silverhorn Investment Advisors, MindWorks Capital, Alibaba Ventures, Winfine Investment, Greater Bay Area Homeland Investments Limited, Innovation and Technology Venture Fund, Nordstar
- Series A, Dec 11, 2020 — CreditEase Corp., MindWorks Capital, Alibaba Ventures, Decacorn Capital, The Innovation and Technology Venture Fund Corporation
- Series A, Mar 26, 2019, $15M — MindWorks Capital, Alibaba Ventures, CreditEase Fintech Investment Fund
- Seed, May 17, 2017, $2M — MindWorks Capital, Aria Group, Alibaba Ventures, DRL Capital

## Investors

- MindWorks Capital (https://capitalatlas.ai/funds/mindworks-capital) — Seed, Series A, Series B
- Aria Group — Seed
- Alibaba Ventures (https://capitalatlas.ai/funds/alibaba-ventures) — Seed, Series A, Series B
- DRL Capital — Seed
- CreditEase Fintech Investment Fund (https://capitalatlas.ai/funds/creditease-fintech-investment-fund) — Series A
- CreditEase Corp. — Series A
- Decacorn Capital (https://capitalatlas.ai/funds/decacorn-capital) — Series A
- The Innovation and Technology Venture Fund Corporation — Series A
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series B
- Silverhorn Investment Advisors (https://capitalatlas.ai/funds/silverhorn-investment-advisors) — Series B
- Winfine Investment — Series B
- Greater Bay Area Homeland Investments Limited (https://capitalatlas.ai/funds/greater-bay-area-homeland-investments-limited) — Series B
- Innovation and Technology Venture Fund (https://capitalatlas.ai/funds/innovation-and-technology-venture-fund) — Series B
- Nordstar (https://capitalatlas.ai/funds/nordstar) — Series B