CardUp

CardUp is a no-code payment platform providing individuals and businesses with a better way to pay and get paid.

General Information
Company Name
CardUp
Founded Year
2015
Location (Offices)
Singapore +3
Founders / Decision Makers
Number of Employees
29
Industries
E-Commerce, Fintech, Payments
Funding Stage
Non Equity Assistance
Social Media

CardUp - Company Profile

CardUp is a no-code payment platform that aims to revolutionize the way individuals and businesses make and receive payments. The company's platform simplifies the payment processes for business owners by consolidating payments and collections into a user-friendly digital platform. This innovative solution not only enhances cash flow management and enables users to unlock rewards on existing cards but also saves time through automation, all without the need for software implementation or setup time.

At the crux of its offering is the ability to shift significant expenses, traditionally made via cash, cheque, or bank transfer, onto a credit card. This includes expenses that have historically not been payable by card, such as rent, insurance premiums, payroll, and supplier invoices. Moreover, CardUp provides businesses with the necessary tools for automating payment processing, thereby helping them save time and maintain financial control.

Founded in 2015 and headquartered in Singapore, CardUp operates across Singapore, Hong Kong, and Malaysia. The company is licensed by the Monetary Authority of Singapore (MAS) as a Major Payment Institution under the Payment Services Act. Notably, CardUp received non-equity assistance investment from SAP.iO on 9th October 2020.

CardUp's presence in the fintech and payments industries, coupled with its recent investment from SAP.iO, positions the company as a promising player in the rapidly evolving payment technology sector.

For more information, visit cardup.co for Singapore, cardup.hk for Hong Kong, and cardup.my for Malaysia.

Taxonomy: Payment platform, No-code solutions, Cash flow management, Credit card payments, Digital platform, Business finance, Alternative financing, Credit card enablement, Financial technology (Fintech), SME financing, Working capital, Mobile payments, Loyalty and rewards, Cash management

Funding Rounds & Investors of CardUp (4)

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Funding Stage Amount No. Investors Investors Date
Non Equity Assistance Unknown 1 09 Oct 2020
Series A $7.00M 3 01 Oct 2020
Seed Round $1.60M 3 Sequoia Capital, Spring Singapore 28 Mar 2018
Pre Seed Round Unknown - 17 Nov 2016

Latest News of CardUp

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No recent news or press coverage available for CardUp.

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