What is CardUp? CardUp Review, Features

CardUp is a Singaporean fintech startup that allows businesses to transfer expenses to credit cards through its platform, and potentially receive a 55-day interest-free loan. They also have greater opportunities to apply for working capital loans, optimize cash flow, and digitize their processes.

About CardUp

• Founded in 2015, CardUp is an advocate of a cashless society, but prefers credit cards to e-wallets. Cardup ​​can pay with credit cards in places where cards are not accepted today or charge large amounts. Regardless of whether the merchant allows credit card payments, the service allows transfers to credit cards via bank transfers.
• CardUp allows users to make payments (including rentals, taxes, insurance premiums and tuition fees) via credit cards. By transferring expenses to credit cards through CardUp's platform, businesses may receive a 55-day interest-free loan and have the opportunity to apply for working capital loans. Currently, CardUp has established partnerships with banks and credit card providers such as UOB, Citibank, Bank of China and MasterCard.

CardUp Service

1. Optimize cash on hand

Free up more cash to better manage your working capital, extend payables by up to 2 months and improve accounts receivable to get paid faster.

2. Digitalization and Automation

Save up to 24 work hours per week by automating your users’ payment process with CardUp’s invoicing and payment collection tools. There’s no training or integration to get started.

3. Payment is rewarding

Earn up to 5% cash back or 1.6 miles per dollar on expenses you already pay for, cut travel expenses, and enjoy savings by earning rewards.