Qupital secures 300 million dollars in Series C funding
Digital trade finance provider Qupital secured 300 million US dollars through Series C funding and asset backed financing to expand overseas operations ahead of its planned initial public offering
Hong Kong, September 13, 2026 - Qupital, a leading AI-driven fintech platform specializing in cross-border e-commerce trade finance, has announced securing US$300 million in Series C funding. The financing is led by Asia-based asset manager M Capital, with commitments from Mitsubishi UFJ Financial Group (MUFG) and Quester Capital.
Qupital's platform serves tens of thousands of enterprises, with cumulative loans processed exceeding US$9.5 billion. With the new capital, Qupital aims to expand its financing capabilities across China, the US, Japan, and Southeast Asia, while enhancing its proprietary AI risk engine and maintaining exceptional credit performance.
The funding comes after several years of profitability, with Qupital doubling its revenue year-on-year. By analyzing real-time sales and operational data from merchants selling on global marketplaces like Amazon, TikTok Shop, TMall, and JD.com, Qupital's automated risk engine enables agile underwriting, resulting in high operational leverage and rapidly expanding profit margins.
The company believes that the current double-digit year-on-year growth in cross-border e-commerce creates a trillion-dollar liquidity gap and is well-positioned to take advantage of this opportunity.
Andy Chan, Co-Founder & President of Qupital, stated that the company aims to build the core financial infrastructure for global e-commerce to support underserved SMEs. Winston Wong, Co-Founder & CEO of Qupital, added that AI automation addresses traditional underwriting time lags, delivering higher efficiency and flexibility by processing massive datasets beyond human capability.
Qupital expects its profit margins to increase to over 45% within the next twelve months as it expands its loan pool to serve high-growth e-commerce businesses globally. The company is exploring various capital market opportunities, including IPO, fundraising, and strategic acquisitions, to further scale its operations and optimize its capital structure.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
