100credit is a FinTech company that leverages real-time data, both online and offline, to provide credit services to banks and other financial services institutions. 100credit provides its users with products and services that allow them to manage the lending process across the whole life-cycle of a loan agreement - enabling them to better assess credit risk of potential borrowers, monitor existing loans for potential defaults, and manage collection process on delinquent loans. In addition, it provides products and services that help insurance companies achieve precision marketing, manage their existing customer base and tailor their products and services.
Missing: 100credit's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: 100credit's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Expert Collections containing 100credit
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
100credit is included in 2 Expert Collections, including Digital Lending.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Track and capture company information and workflow.
Latest 100credit News
Apr 19, 2018
Photo by Kevin Lee/Bloomberg News April 19, 2018 Venture capital firm Sequoia Capital China has backed fintech startup 100Credit ‘s Rmb1 billion ($150 million) Series C funding round, which was led by China Reform Fund Management, according to a CMN report . The new round brings 100Credit’s total fundraising to Rmb1.7 billion ($270 million) to date, the company said. Based in Beijing, 100Credit provides financial information services, using big data, to large companies, allowing them to manage the lending process across the whole life-cycle of a loan deal. It also helps insurance firms conduct precision marketing, manage their existing customer base and tailor their products and services. In a statement posted on its official WeChat account, 100Credit said it will use the latest investments to hire more people, update its artificial intelligence lab, and boost its R&D efforts in AI, big data and blockchain related products. Zhang Shaofeng, who founded 100Credit in 2014, was also quoted as saying that the proceeds will also fund further investment in financial risk management products. With the new round, the firm has raised RMB1.7 billion ($270 million) in total. It raised a combined Rmb700 million ($111 million) in Series A and B rounds from a number of investors, including Sequoia Capital China and IDG Capital. Sequoia Capital China is also reportedly backing the more than $1 billion fundraising of Shanghai-based e-commerce site Pinduoduo. The startup has become one of the fastest-growing startups in China by creating a sort of Facebook-Groupon mashup, where people spot deals on fruit, clothes or toilet paper and then recruit their friends to buy at a discount. In March, Sequoia Capital China also led the $50-million Series C fundraising round in Adagene, a Chinese antibody discovery and development firm based in Suzhou. Also Read:
100credit Web Traffic
100credit Frequently Asked Questions (FAQ)
Where is 100credit's headquarters?
100credit's headquarters is located at 20th Floor, North Building, Block C, Rongke Information Building, Beijing.
What is 100credit's latest funding round?
100credit's latest funding round is IPO.
How much did 100credit raise?
100credit raised a total of $263.01M.
Who are the investors of 100credit?
Investors of 100credit include Sequoia Capital China, China Reform Fund, Hillhouse Capital Management, CICC Qianhai Development Fund, Union Mobile Pay and 7 more.
Who are 100credit's competitors?
Competitors of 100credit include LendSmart.
Compare 100credit to Competitors
Turnkey Lender offers AI-powered end-to-end lending automation for digital and embedded lenders. From origination and underwriting, to load servicing, debt collection, and reporting the company’s software can intelligently automate the entire lending process. The company supports numerous credit products out of the box – both commercial and consumer – on the same flexible no-code SaaS platform. Turnkey Lender was founded in 2014 and is based in Austin, Texas.
Boss Insights’ data platform digitizes lending to grow business relationships. It empowers lenders to increase personalized sales opportunities and accelerate business lending from months to minutes. The firm provides banks, credit unions, and private lenders with a real-time understanding of their business clients.
LenderClose is a solution for credit unions and community banks. LenderClose brings everything lenders require under a single access point. The company's web-based applications allow loan officers and lending staff to run a streamlined lending cycle.
Lendsmart is a financial technology company providing banks, credit unions, and non-bank lenders end-to-end digital solutions for their lending and home buying operations.
Q2 (NYSE: QTWO) is a secure, cloud-based digital banking solutions company. The company's digital banking solutions for deposits, money movement, lending, leasing, security and fraud enable financial institutions to deliver a financial experience to their account holders. Its bank and credit union customers, along with emerging financial services providers. The company was founded in 2004 and is based in Austin, Texas.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.