Qupital

Based in Hong Kong and founded in 2016, Qupital Limited, trading as Qupital, is a financial technology company. In September 2026, Qupital raised USD 300 million in Series C funding led by M Capital Group, with participation from Mitsubishi UFJ Financial Group, Quester Capital and other investors. Qupital primarily offers data-driven financing solutions tailored for e-commerce businesses, facilitating access to capital through a streamlined digital process. Their core offerings include funding based on the merchant's sales data, allowing clients to secure loans linked to their performance on platforms such as Amazon, eBay, and Shopify.

These solutions minimize risks for e-commerce merchants by providing insights into their business progress and funding needs. Utilizing proprietary credit assessment models, Qupital aligns its services with the unique requirements of its clients, which include SMEs engaged in cross-border e-commerce, operating primarily in Hong Kong and Southeast Asia. Qupital generates revenue through structured loan agreements with e-commerce merchants. The company will use the latest funding to expand its financing capabilities in key markets such as China, the United States, Japan, and Southeast Asia, while also upgrading its self-developed AI risk control engine to maintain its strong and robust credit performance.