Chang Chong Technology, dba freecharge (畅充), is a provider of mobile-phone charging and mobile internet services for travelers, with its stations located in airports, railway stations, hospitals, government buildings, superstores, tourist spots, and more.
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Latest freecharge News
Oct 18, 2022
Supply chain financing startup Progcap raised another $50 million in Series C from Beams Fintech Fund along where GrowX, MV Nair from CIBIL, Sandeep Tandon from Freecharge, 9Unicorns, ZNL Growth Fund, Google, Creations, Tiger Global and Sequoia Capital also participated. Progcap provides supply chain services and credit to small and medium-sized retailers in India. Both founders have previously worked for multinational corporations such as the World Bank, IFC, and Standard Chartered Bank. Progcap stated that it intends to use the funds raised to provide credit to retail MSMEs. In addition, it received $40 million in its then-current Series C funding round in June. According to Inc42, the Indian fintech industry is expected to be worth $1.3 trillion by 2025, with a 31% CAGR. Lending technology will account for 47% ($616 Bn) of the $1.3 Tn fintech market by 2025.
freecharge Frequently Asked Questions (FAQ)
When was freecharge founded?
freecharge was founded in 2014.
Where is freecharge's headquarters?
freecharge's headquarters is located at Beijing.
What is freecharge's latest funding round?
freecharge's latest funding round is Series A - II.
How much did freecharge raise?
freecharge raised a total of $30.27M.
Who are the investors of freecharge?
Investors of freecharge include Li Yifei, Wang Yue, Xu Renbin, Ji Xuefeng and Lin Qi.
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