Qupital is an online invoice financing platform that allows companies to raise finance against their receivables by connecting them with investors who are interested in asset class.
PRODUCTS & SERVICES:
It provides SME Cash Flow solution which helps business users to optimize the cash flow system. It provides the benefits like competitive rates, term customization and the financing without the collateral.
Chocolate-ier limited business funders SMEs
Winston Wong, Andy Chan
Board Members and Advisors:
Emmanuel Pitsilis, Robin Marc Walser
Alibaba Entrepreneurs Fund, DRL Capital, MindWorks Ventures, The Aria Group, CreditEase FinTech Investment Fund (CEFIF)
The company is planning to expand in Taiwan and Southeast Asia, where there are many small and medium-sized enterprises (SMEs) with limited access to traditional bank financing.To date, Qupital has processed 80 trades. (May 2017)
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company will use the funds for the expansion of its SMEs financing platform and also accelerate its regional expansion. (May 2017)