Qupital Raises $150M in Series B Funding

The video discusses a data-driven ecommerce lending platform that has raised $150 million to accelerate growth. The company uses data from platforms like Amazon and eBay to make credit decisions for SMEs. Despite not being profitable yet, they aim for profitability by Q1 2022. Their Series B round was led by Greater Bay Area Homeland Investments, providing significant support. The company faces liquidity challenges due to China's deleveraging but has secured a facility with Citigroup. They plan to expand into the USA and Japan, offering loans in local currencies.

What is the primary function of the data-driven e-commerce merchant lending platform?

• To underwrite credit decisions for SMEs and e-commerce brands

• To develop new e-commerce platforms

• To sell products on e-commerce platforms

• To provide data analytics services

Which investment group led the Series B funding round for the company?

• Citigroup

• China Merchants Group

• Bank of China

• Greater Bay Area Homeland Investments

What challenge is the company facing due to regulatory changes in China?

• Increased competition from local lenders

• Difficulty in finding borrowing opportunities for SMEs

• High operational costs

• Lack of support from international investors

Which two countries is the company planning to expand into in 2022?

• Brazil and Canada

• Germany and France

• USA and Japan

• India and Australia

What currency is the company considering for its expansion into Japan?

• Euro

• Australian Dollar

• British Pound

• Japanese Yen