Hong Kong fintech Qupital partners with eBay to provide financing for sellers

Qupital, a trade financing platform, announced today that it will partner with eBay as one of its officially recommended Hong Kong financing service providers. In today’s announcement, Qupital  said it will provide offshore financing services, including working capital, to eBay sellers in China through QiaoYiDai, its main product. The agreement with eBay  means Qupital will be able to monitor the real-time data of eBay sellers who apply for their services, which the fintech startup says will enable it to assess credit applications within three days, on average, and settle drawdown requests in less than a day.

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Spotlight

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