Greater Bay Area Homeland Development Fund led a $150m Series B funding round in Qupital.

Greater Bay Area Homeland Development Fund led a $150m Series B funding round in Qupital, a fintech company headquartered in Hong Kong. Additional investors include the Innovation and Technology Venture Fund, MindWorks Capital, Silverhorn, Alibaba Entrepreneurs Fund and Nordstar. "This funding round reinstates the boundless synergy agglomerated in the region. The GBA comprises multiple world-class manufacturing bases, where goods are produced and capital needs arise; this is where we step in as a solution to bridge the financing demand gap. It also reaffirms the unparalleled role of Hong Kong as an international financial hub – where innovations are met with opportunities to flourish. We believe Hong Kong will continue to play an indispensable role within the GBA as a financial powerhouse," Winston Wong, Qupital Co-Founder and CEO.