Qupital, a fintech company based in Hong Kong, is on a mission to provide a comprehensive offshore financing platform for cross-border e-commerce and key supply chain enterprises. Leveraging big data and AI risk control systems, Qupital aims to streamline the financing process.
Specializing in offering offshore financing and loan services to cross-border e-commerce businesses, Qupital was founded in Hong Kong in 2016 and has since expanded its presence to Shanghai and Shenzhen by December 2019. As a fintech startup, Qupital is committed to enhancing user experience through technological advancements.
Key milestones:
- Founded in March 2016
- Secured seed funding led by Alibaba Entrepreneurs Fund and MindWorks Ventures in May 2017
- Formed a partnership with Alibaba to engage with global sellers in March 2018
- Established a strategic partnership with Cainiao in June 2018 to broaden its business scope
- Closed a Series A funding round of $15 million led by CreditEase in March 2019
- Expanded operations to Shanghai and Shenzhen in September 2019
- Collaborated with major e-commerce platforms like Amazon, eBay