ShopUp raises $1.62m seed round
Congrats to ShopUp, from our Singapore program, who have successfully raised a seed round of $1m+
ShopUp, the FinTech platform designed to automate the online sales and credit assessment process for small-business owners in Bangladesh via Facebook and other social platforms, announced it raised USD $1.62 million (SGD 2.23 million) seed round led by Omidyar Network, the impact investment firm established by Pierre Omidyar, the founder of eBay. Other funders in this round include angel investors from Facebook, Google, Amazon, Grab, and leading global banks.
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