How much funding has Dianrong raised?

Dianrong has raised $537.0M in total funding, most recently a Series E round.

Who are Dianrong's investors?

Dianrong's investors include GIC, ORIX Group, Northern Light Ventures, Standard Chartered, CMIG Leasing, China Minsheng Investment Group.

Where is Dianrong headquartered?

Dianrong is headquartered in Shanghai, China.

What industry is Dianrong in?

Dianrong operates in Financial Services, Fintech, Lending.

How many employees does Dianrong have?

Dianrong has 201-500 employees.

Dianrong

Closed

Shanghai, China · Founded 2012 · $537.0M raised

Financial Services

Fintech

Lending

Headquarters: Shanghai
Employees: 201–500
Founded: 2012
Business Model: B2C

Website: dianrong.com
Total Funding: $537.0M
Last Round: $40.0M Series EJun 2019
Rounds: 7

About

Dianrong is a China-based online marketplace lending and fintech platform known as the 'Lending Club of China,' founded in 2012 by Soul Htite and Kevin Guo. The company provides consumer and small business loans, asset-backed securities, and blockchain-based supply chain finance services. Dianrong expanded into an umbrella 'DR Group' structure encompassing multiple financial products, though it faced significant challenges following China's 2018–2019 regulatory crackdown on P2P lending.

Summary

Dianrong is a Financial Services company based in Shanghai, China, founded in 2012. It has raised $537.0M in total across 7 rounds, most recently a $40.0M Series E round in Jun 2019. Investors include GIC, ORIX Group and Northern Light Ventures.