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INTERNET | eCommerce / Marketplace
weijinsuo.com

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Stage

Series A | Alive

Total Raised

$46M

Last Raised

$46M | 6 yrs ago

About Weijinsuo

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.

Weijinsuo Headquarter Location

Beijing, Beijing,

China

Latest Weijinsuo News

Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

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:

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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.

D

Digital Lending

1,148 items

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.

F

Fintech

19,054 items

Excludes US-based companies

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