China Rapid Finance

IPO

pioneers in consumer credit

Public · Shanghai, China · Founded 2001 · $105.0M raised

Headquarters
Shanghai
Founded
2001
Business Model
Marketplace
Total Funding
$105.0M
Last Round
$70.0M Venture RoundJan 2016
Rounds
3
Type
Public

About

China Rapid Finance is a Shanghai-headquartered fintech company and one of China's largest online consumer lending marketplaces, connecting underbanked consumers with loan capital through its proprietary credit risk-scoring technology. Founded in 2001, though its online lending marketplace did not launch until 2011, the company has facilitated more than 4.7 million loans worth over $4.7 billion and was ranked among the world's billion-dollar fintech 'unicorns' alongside LendingClub and Square.

Summary

China Rapid Finance is a Fintech company based in Shanghai, China, founded in 2001. It has raised $105.0M in total across 3 rounds, most recently a $70.0M Venture Round round in Jan 2016. Investors include Broadline Capital.

Tech & App Stack

2 technologies & apps tracked

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Funding History

IPOMay 2017
$60.0M

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Investors

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