CardUp simplifies the lives of business owners by bringing payments and collections into one easy-to-use digital platform.
CardUp is on a mission to provide individuals and businesses with a better way to pay and get paid. Our payment platform simplifies the lives of business owners, bringing both payments and collections into one easy-to-use digital platform. These no-code solutions improve cash flow management, unlock rewards on existing cards and save time through automation, all with no software implementation or setup time.At our core, we allow any big expense – previously made by cash, cheque, or bank transfer – to be shifted onto a credit card. This includes expenses that traditionally have not accepted cards. Examples include rent, insurance premiums, payroll, supplier invoices and more. In addition, we equip businesses with the tools needed to automate payment processing, helping them save time whilst staying in control of their finances. CardUp operates regionally across Singapore, Hong Kong and Malaysia, and is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 1, 2020 | Series A | $7M | 1 | — | — | Detail |
Sep 14, 2020 | Series Unknown | — | 1 | AMTD ASEAN-Solidarity Fund | — | Detail |
Mar 28, 2018 | Seed | $1.60M | 1 | Sequoia Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
AMTD ASEAN-Solidarity Fund | Yes | Series Unknown |
Sequoia Capital | Yes | Seed |
Transcend Capital | — | Series A |