Hong Kong’s Qupital raises $2M led by Alibaba to finance invoice loans for SMES
May 17, 2017 at 20:00 PM EDT
Qupital, a one-year-old Hong Kong-based startup that addresses cash flow issues for SMEs, has closed a $2 million seed funding round. The is certainly a notable size for an early stage investment in Hong Kong’s nascent but growing startup scene. The financing was led by Hong Kong-London firm MindWorks Ventures and the $130 million Alibaba Entrepreneurs Fund which launched in 2015.… Read More