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Hong Kong-based Qupital, which offers cross-border ecommerce financing to SMEs, raised a $300M Series C led by M Capital as it weighs a possible IPO (FinTech Global)
https://fintech.global/2026/09/15/qupital-eyes-ipo-after-landmark-300m-series-c-round/

Qupital eyes IPO after landmark $300m Series C round
Qupital, an AI-driven trade finance platform focused on cross-border e-commerce, has raised $300m in combined new capital, anchored by a Series C funding round aimed at accelerating its expansion into overseas markets. The financing was led by Asia-based asset manager M Capital, with additional asset-backed securities commitments from Mitsubishi UFJ Financial Group (MUFG) and Quester […]

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https://bartheory.bandcamp.com/track/ida-corr-let-me-think-about-it-nicola-papa-bar-theory-rework
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