CardUp

company

About

CardUp simplifies the lives of business owners by bringing payments and collections into one easy-to-use digital platform.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$1.60M
Industries
Coupons,Credit Cards,FinTech,Payments
Founded date
Sep 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$8.60M
CardUp has raised a total of $8.60M in funding over 2 rounds. Their latest funding was raised on Oct 1, 2020 from a Series A round.
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

Investors

Number of Lead Investors
Number of Investors
2
3
CardUp is funded by 3 investors. AMTD ASEAN-Solidarity Fund and Sequoia Capital are the most recent investors.
Investor Name Lead Investor Funding Round
AMTD ASEAN-Solidarity Fund Yes Series Unknown
Sequoia Capital Yes Seed
Transcend Capital Series A