Revolutionising payments through card-based solutions
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 Hong Kong Customs and Excise Department (HKCED) as a Money Service Operator.
Our journey and milestones
Launched Singapore operations
Finalist in the Global Hackcelerator organised by the MAS
Participated in The FinLab organised by UOB
Raised seed funding
Raised $1.6M in Seed funding
Participated in Mastercard's global StartPath programme
Top 10 in ASEAN
Nominated as a Top 10 Finalist in the ASEAN Open Category at the 2018 FinTech Awards
New product line
Launched B2B receivables product, CardUp Collect
Operational in Hong Kong and Malaysia
Selected for Cyberport, the Hong Kong Government's tech incubation programme
Launched our international payments feature
Selected to be part of SAP.iO Foundry's FinTech and COVID-19 Recovery Acceleration Program
Nominated as a Finalist in the 2020 TechBlazer Awards
Licensed by the MAS as a Major Payment Institution
Licensed by the HKCED as a Money Service Operator