About Qupital
Qupital is a Financial Services company based in Hong Kong (China) founded in 2016 by Andy Chan and Winston Wong. Cash advances are provided to eCommerce sellers through invoice bidding. Qupital has raised $467 million across 9 funding rounds from investors including Citi, CreditEase and Lending Ark Asia Secured Private Debt Funds. Qupital was last valued at $258 million in December 2020. Its chief executive, as recorded, is Winston Wong. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans.
Company details
Qupital was founded in 2016 in Hong Kong, China, as an online lending platform focused on the fintech sector for eCommerce businesses. Invoices are uploaded by sellers, on which funders bid to offer rates and advance cash. Funds are subsequently transferred to the platform upon remittance by the businesss customers, facilitating short-term financing in the region.
- Headquarters Hong Kong, China
- Founders Andy Chan, Winston Wong
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website qupital.com/zh/home
- Social LinkedIn X Facebook
- Total Equity Funding$467M (USD)
in 9 rounds
- Latest Funding Round$300M (USD), Series C
Sep 2026
- InvestorsCiti
& 14 more
Funding Insights of Qupital
Qupital has successfully raised a total of $467M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $300 million completed in September 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $467M
- Total Rounds 9
- Last Round Series C — $300M
- First Round $2M
(May 2017)
- Investors Count 15
All 9 funding rounds of Qupital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2026 | Debt – Conventional | – | – | ||
| Sep 2026 | $300M | Series C | – | – | – |
| Sep 2024 | Debt – Conventional | – | – | ||
| Jan 2024 | Series B | – | – | – | |
| Nov 2021 | $150M | Series B | – | Greater Bay Area Homeland Investments | |
| Nov 2021 | Debt – Conventional | – | – | ||
| Dec 2020 | Series A | $258M | Decacorn Capital | ||
| Mar 2019 | $15M | Series A | – | CreditEase | |
| May 2017 | $2M | Seed | – | Mindworks Capital, Alibaba Entrepreneurs Fund |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2020 | $258M | •••••••• |
Last known valuation $258M (Dec 2020). 15 investors in total: 15 institutional.
Investors in Qupital
Qupital has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Citi, CreditEase and Lending Ark Asia Secured Private Debt Funds.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided across multiple sectors. | gbahomeland.com | Hong Kong, China | ||
| itf.gov.hk | ||||
Early and expansion stage tech investments are targeted across Pan-Asia. | mindworks.vc | Hong Kong, China | ||
Capital and guidance are provided to startups for growth. | ent-fund.org | Hong Kong, China | ||
Tech startups are funded by Decacorn Capital venture capital firm. | decacorn.vc | Singapore, Singapore | ||
Blockchain investments are managed by Aria as a single-family office. | ariagp.io | Hong Kong, China | ||
| silverhorngroup.com | ||||
Provider of business strategy consulting services | nordstar.com | London, United Kingdom |
Investor details for Qupital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Qupital
11 people are tracked at Qupital (9 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Andy Chan | Co-Founder | Leadership |
Winston Wong | Co-Founder & CEO | Leadership |
Anna Chan | Vice President | Leadership |
Ross Chung | Head of China Business | Leadership |
Johnny Tang | Chief Operating Officer | Leadership |
Michael Cheung | Head Of Strategy And Product | Leadership |
Kenny Lo, FRM | Chief Risk Officer (CRO) | Leadership |
Louis Ho | Director Of Marketing And Business Development | Leadership |
Angie Kwong | Vice President | Leadership |
Ling Fiona | 销售总监 | Team |
Louise Wong | Corporate Sales Manager | Team |
Complete people profiles for Qupital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Qupital
4 dated milestones of Qupital across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Qupital is founded.
- Funding First funding round of $2.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $300.0M.
Web traffic of Qupital
The website of Qupital (qupital.com) receives about 2K visits a month.
- Monthly visits2K
▼ 21.8% vs previous month
Websites whose visitors overlap most with Qupital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| startmeup.hk | 100% | #957,375 | View details | ||
fintechnews.hk | fintechnews.hk | 54% | #1,020,541 | – | |
capital-hk.com | capital-hk.com | 40% | #809,233 | – |
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Related news about Qupital
Complete news archive for Qupital
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Frequently Asked Questions about Qupital
Qupital was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Qupital is headquartered in Hong Kong, China.
Winston Wong is the CEO of Qupital, as recorded in our data. They have also founded this company.
Qupital is a funded company, having raised a total of $467M across 9 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on May 2017.
Qupital was founded in 2016 in Hong Kong, China, as an online lending platform focused on the fintech sector for eCommerce businesses. Invoices are uploaded by sellers, on which funders bid to offer rates and advance cash. Funds are subsequently transferred to the platform upon remittance by the businesss customers, facilitating short-term financing in the region.
Qupital has 15 investors. Key investors include Citi, CreditEase, Lending Ark Asia Secured Private Debt Funds, Greater Bay Area Homeland Investments, and Innovation and Technology Fund.
The valuation of Qupital is $258M as of Dec 2020.