QuantGroup is a big data-driven consumer financing platform. As a big data financing platform, the company aims to help creditable individuals receive loans, as well as increase financial inclusion at a lower cost and with increased efficiency.
Expert Collections containing QuantGroup
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
QuantGroup is included in 3 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.
Market Research & Consumer Insights
This collection is comprised of companies using tech to better identify emerging trends and improve product development. It also includes companies helping brands and retailers conduct market research to learn about target shoppers, like their preferences, habits, and behaviors.
Excludes US-based companies
Latest QuantGroup News
May 16, 2017
Fintech company QuantGroup , which was founded by several notable Chinese movie stars, is considering a US IPO, according to an article published in Bloomberg last week. The firm is looking to raise an estimated $200 million according to unnamed sources. Major Star Power The Beijing-based QuantGroup is a financial services company that provides estimated credit ratings using big data. The company previously raised funds in its Series B round from StarVC, an investment firm founded in 2014 by several Chinese celebrities. Partners of StarVC include Li Bingbing, an actress who appeared in “Transformers: Age of Extinction,” “Ip Man 2” actor Huang Xiaoming, and Zhang Ziyi, who joined the firm in 2015 and who’s most famous to western audiences for her roles in “Hero”, “Crouching Tiger Hidden Dragon”, and “Rush Hour 2”. StarVC typically invests in startups related to entertainment, new media, mobile internet, and internet finance. Chinese Fintech Launching US IPOs QuantGroup joins a growing list of Chinese fintech firms in the process of launching US IPOs. Fenqile, a Chinese online shopping mall that lets customers pay in installments, is also looking to raise over $600 million through a US IPO. However, US IPOs for Chinese fintech companies that have launched previously have been hit or miss recently. Over the last year, there have been eight IPOs led by Chinese firms. ZTO Express Cayman Inc., which raised the most with $1.4 billion, led the way with a strong opening but share prices quickly fell and have remained in a slump. China Rapid Finance had anticipated raising over $100 million in its IPO but only ended up raising about $69 million . However, unlike ZTO Express, China Rapid Finance’s share price has actually gone up somewhat since its IPO. Sources said that QuantGroup’s IPO is in its very early stages with details yet to be finalized as the firm has asked banks to pitch a role in the potential offering. Hopefully, the star power of its celebrity backers will help the company in its future fundraising plans. Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site! You may also like...
QuantGroup Frequently Asked Questions (FAQ)
When was QuantGroup founded?
QuantGroup was founded in 2014.
Where is QuantGroup's headquarters?
QuantGroup's headquarters is located at 701-705, 1707-1712, Block B, Electronic Building, No. 3 Danling Street, Haidian District, Beijing.
What is QuantGroup's latest funding round?
QuantGroup's latest funding round is Unattributed.
How much did QuantGroup raise?
QuantGroup raised a total of $86.38M.
Who are the investors of QuantGroup?
Investors of QuantGroup include Baidu AI Accelerator, Sunshine Insurance Group, Guosen Hongsheng Investment, Fosun Capital, Prophet Capital and 9 more.