Qupital secures $300m in Series C and asset-backed commitments
M Capital leads the equity round, with MUFG and Quester Capital providing additional ABS commitments.
Qupital announced $300 million in combined new capital commitments on September 14, 2026. The package combines a Series C led by M Capital with asset-backed financing commitments from Mitsubishi UFJ Financial Group and Quester Capital; the amounts for each component were not disclosed.
The Hong Kong fintech will expand lending to ecommerce sellers across China, the US, Japan and Southeast Asia and develop automated credit assessment. It uses live marketplace sales and operational data to underwrite working-capital loans.
Use of funds
Expand merchant lending across China, the US, Japan and Southeast Asia
Develop automated credit assessment