• FOUNDING YEAR: 2016
    LOCATION:
    Hong Kong
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

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.
MAIN CLIENTS:
Chocolate-ier limited business funders SMEs

PEOPLE

FOUNDERS:
Winston Wong, Andy Chan
Board Members and Advisors:
Emmanuel Pitsilis, Robin Marc Walser
INVESTORS:
Alibaba Entrepreneurs Fund, DRL Capital, MindWorks Ventures, The Aria Group, CreditEase FinTech Investment Fund (CEFIF)

TRACTION

COMMENT:
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)

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$2 Millions
DATE OF LAST FUNDING:
May 2017
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)
SEED & PRIOR FUNDING:
$2 Millions
SEED CLOSED ON:
May 2017
LISTED:
NO

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