12 June 2024

Qupital Secures Investment from HSBC and Citigroup

Written By FinTech Alliance in FinTech

Qupital Secures Investment from HSBC and Citigroup

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.

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