# QFPay funding: rounds and investors > QFPay has raised $20M across 2 rounds since 2019. Investors include VentureSouq, Sequoia Capital and HSG. Every round with its source. Source: https://millionrounds.com/company/qfpay (Millionrounds; every figure on the page links to its filing or article) Hong Kong SAR China · [Venture startup](https://millionrounds.com/companies) # Who invested in *QFPay* 2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. E-commerce Fintech Funding summary Updated 26 Oct 2026 **$20M** raised across 2 rounds since 2019, from 2 sources - **Latest round:** Venture Oct 2021 - **Biggest round:** $20M Round · Aug 2019 - **Investors:** 8 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2021 **$20M** Round **?** Venture - **First round:** Round, $20M - **Biggest round:** $20M - **Between rounds:** 2.2 years ## The rounds - **Oct 2021** Venture **Amount undisclosed** *3 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [HSG](https://millionrounds.com/fund/hsg) [VentureSouq](https://millionrounds.com/fund/venturesouq) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Source recorded - **Aug 2019** Round **$20M** *5 new* [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [VentureSouq](https://millionrounds.com/fund/venturesouq) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) [MDI Ventures](https://millionrounds.com/fund/mdi-ventures) Reported by e27 ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2019 **Venture** 2021 [VentureSouq](https://millionrounds.com/fund/venturesouq) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [HSG](https://millionrounds.com/fund/hsg) [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) [MDI Ventures](https://millionrounds.com/fund/mdi-ventures) ## Everyone who backed them [VentureSouq](https://millionrounds.com/fund/venturesouq) VC firm **2** rounds [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round [HSG](https://millionrounds.com/fund/hsg) VC firm **1** round [Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm **1** round [InnoVen Capital](https://millionrounds.com/fund/innoven-capital-india) Venture debt **1** round [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Corporate VC **1** round [Sequoia Capital China](https://millionrounds.com/fund/sequoia-capital-china) VC firm **1** round [MDI Ventures](https://millionrounds.com/fund/mdi-ventures) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=qfpay). ## Quick answers about QFPay ### Who invested in QFPay? QFPay's investors include VentureSouq, Sequoia Capital, HSG, Matrix Partners and InnoVen Capital, and 3 more on record. ### How much has QFPay raised? QFPay has raised $20M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor. ### When did QFPay last raise? QFPay's most recent round was a Venture in Oct 2021. ### What was QFPay's biggest round? QFPay's largest round on record is $20M (Undisclosed round), in Aug 2019. ### Who backed QFPay first? QFPay's first round on record, in Aug 2019, was backed by Matrix Partners, VentureSouq and Rakuten Capital and 2 others. ### What stage is QFPay at? QFPay's latest named round is a Venture, in Oct 2021. ### Where is QFPay based? QFPay is based in Hong Kong SAR China. ## Companies like QFPay In the same sector, and raised in the last eighteen months. [**Qupital** $315M · Sept 2026](https://millionrounds.com/company/qupital)[**SignalPlus** $51M · May 2026](https://millionrounds.com/company/signalplus)[**Return Helper** $4.0M · May 2026](https://millionrounds.com/company/return-helper)[**WeLab** $630M · Jan 2026](https://millionrounds.com/company/welab)[**RedotPay** $194M · Dec 2025](https://millionrounds.com/company/redotpay)[**Riverchain** $5.0M · Oct 2025](https://millionrounds.com/company/riverchain) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app