Asia’s financial tech platform Qupital announced earlier this week that it acquired $150 million in a combination of Series B equity funding and “a receivables-backed securitization facility.” The equity funding will aim to support Qupital’s goal to scale its cross-border digital commerce lending business into… Read More
Qupital, an online invoice discounting exchange, has received $2 million in seed funding led by Alibaba Entrepreneurs Fund and MindWorks Ventures. Several other VCs participated including DRL Capital and Aria Group. Alibaba Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group in 2015 to help… Read More
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