News

Qupital inks deal with Alibaba for invoice financing

Monday 19 March 2018 00:41 CET | News

Qupital, Hong Kong`s online invoice financing service provider, has partnered with Alibaba to strengthen its own invoice financing platform to facilitate trade for SMEs in Hong Kong.

Following the tie-up, Alibaba.com Gold Supplier members applying for Qupitals invoice financing service can opt to have their applications fast-tracked by using their operations record with Alibaba.com as an evaluation factor. 

In addition, Qupitals customers will also be able to enjoy promotional offers from Alibaba.com to enhance their exposure to global buyers on the e-commerce platform.

Qupital has also formed partnerships with the markets business information, credit insurance, and logistics company to develop its proprietary platform to address Asias reported USD 200 billion SME financing gap. The companys platform provides a bridge between the SMEs and investors, allowing clients to turn their accounts receivables into cash .


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Qupital, Alibaba, invoice financing, Hong Kong, SMEs
Categories: Banking & Fintech
Companies:
Countries: World
This article is part of category

Banking & Fintech






Industry Events