CardUp Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
-
39
- Latest Deal Type
-
M&A
CardUp General Information
Description
Developer of an online credit card enablement platform designed for the payment or collection of big expenses using credit cards. The company's platform facilitates users of credit cardholders to make big-ticket payments such as house rent, tuition fees, and income tax among others, and get rewarded by earning points, enabling customers and businesses to use credit cards to make large payments efficiently and conveniently.
Contact Information
Website
www.cardup.co(Operating Subsidiary)
Corporate Office
- 1 Keong Saik Road
- The Working Capitol
- Singapore, 089109
- Singapore
Corporate Office
- 1 Keong Saik Road
- The Working Capitol
- Singapore, 089109
- Singapore
CardUp Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 12. Merger/Acquisition | 16-Jan-2023 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series A) | 01-Dec-2022 | Completed | Generating Revenue | |||
| 10. Secondary Transaction - Private | 01-Feb-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC | 15-Sep-2020 | Completed | Generating Revenue | |||
| 8. Seed Round | 30-Jan-2020 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 28-Mar-2018 | Completed | Generating Revenue | |||
| 4. Seed Round | 20-Sep-2017 | $1.75M | $1.82M | Completed | Startup | |
| 3. Accelerator/Incubator | 17-Nov-2016 | $14.3K | $64.3K | Completed | Startup |
CardUp Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed 1 | ||||||||
| Seed | 3,726,243 | $0.47 | $0.47 | 1x | $0.47 | 23.76% |
CardUp Comparisons
Industry
Financing
Details
CardUp Competitors (14)
One of CardUp’s 14 competitors is iPaymy, a Venture Capital-Backed company based in Singapore, Singapore.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| iPaymy | Venture Capital-Backed | Singapore, Singapore | ||||
| Klarna Group | Formerly VC-backed | Stockholm, Sweden | ||||
| Citcon | Venture Capital-Backed | San Jose, CA | ||||
| Gopay Vietnam Payment Services | Corporate Backed or Acquired | Cau Giay, Vietnam | ||||
| 2C2P | Private Equity-Backed | Singapore, Singapore |
CardUp Signals
CardUp Former Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| AMTD Group Company | PE-Backed Company | Minority | ||
| Cyberport Hong Kong | Accelerator/Incubator | Minority | ||
| Global FinTech Hackcelerator | Accelerator/Incubator | Minority | ||
| KFC Ventures | Corporate Venture Capital | Minority | ||
| Peak XV Partners | Venture Capital | Minority |
CardUp FAQs
-
When was CardUp founded?
CardUp was founded in 2015.
-
Where is CardUp headquartered?
CardUp is headquartered in Singapore, Singapore.
-
What is the size of CardUp?
CardUp has 39 total employees.
-
What industry is CardUp in?
CardUp’s primary industry is Financial Software.
-
Is CardUp a private or public company?
CardUp is a Private company.
-
What is CardUp’s current revenue?
The current revenue for CardUp is .
-
How much funding has CardUp raised over time?
CardUp has raised $17.1M.
-
Who are CardUp’s investors?
AMTD Group Company, Cyberport Hong Kong, Global FinTech Hackcelerator, KFC Ventures, and Peak XV Partners are 5 of 16 investors who have invested in CardUp.
-
Who are CardUp’s competitors?
iPaymy, Klarna Group, Citcon, Gopay Vietnam Payment Services, and 2C2P are some of the 14 competitors of CardUp.
-
When was CardUp acquired?
CardUp was acquired on 16-Jan-2023.
-
Who acquired CardUp?
CardUp was acquired by Funding Societies.
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