Weijinsuo is a Beijing-based P2P (peer-to-peer) lending start-up. It provides investors an average annual yield of around 11.7% with up to 36 months of lock-up period. The money is then lent to individuals and small enterprises that need to borrow money.
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Expert Collections containing Weijinsuo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Weijinsuo 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.
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Latest Weijinsuo News
Jan 7, 2016
As expected, the year ended on a relatively quiet note with just nine companies raising $73 million. More than half the total ($46 million) went to Chinese P2P lender Weijinsuo . One Finovate alum added cash at year-end: Social media financial compliance specialist Gremln raised $1.4 million The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Here are the deals by size from 26 Dec to 31 Dec 2015:
Weijinsuo Frequently Asked Questions (FAQ)
Where is Weijinsuo's headquarters?
Weijinsuo's headquarters is located at Beijing.
What is Weijinsuo's latest funding round?
Weijinsuo's latest funding round is Series A.
How much did Weijinsuo raise?
Weijinsuo raised a total of $46M.
Who are the investors of Weijinsuo?
Investors of Weijinsuo include HNA Group.
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