Qupital, a leading fintech platform in Asia, has successfully refinanced its securitization facility, with HSBC joining Citigroup as a senior lender.
This strategic move aims to enhance financial accessibility for SMEs in the e-commerce sector. Since its inception, Qupital has disbursed over $2 billion with a low default rate, establishing itself as a pioneer in e-commerce loan securitization. The partnership with HSBC and Citigroup will bolster Qupital's capacity to provide competitive financing solutions, promoting global trade and economic growth.
