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China Rapid Finance logo — company profile

China Rapid Finance

Founded 2001 1001-5000 employees Post Ipo Equity Total: $613.00M Financial Services, Fintech +1

General Information

Company Name China Rapid Finance
Founded Year 2001
Employees 1001-5000
Industries Financial Services, Fintech, Internet
Funding Stage Post Ipo Equity
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About China Rapid Finance

China Rapid Finance is a leading player in the online consumer lending marketplace in China. The company focuses on providing access to consumer credit for the expanding middle class in China, which is projected to reach RMB 5.4 trillion (US $870 billion) by 2020. With a customer base of 500 million economically active users, China Rapid Finance's technology-driven approach aims to provide inclusive financing for creditworthy individuals. The company has made strides in impacting China's consumer credit landscape through its advanced omni-channel borrower acquisition system and proprietary Big Data analytics technology platform. Established in 2001 by Mr. Zane Wang, PhD, the company has a strong foundation in credit risk management and innovation. The latest investment of $8.00MPost-IPO Equity came from True North in December 2019, showcasing continued investor interest in the company's growth potential. With a focus on Financial Services, Fintech, and the Internet, China Rapid Finance has positioned itself as a key player in the evolving landscape of consumer lending in China. With an extensive employee base and data verification centers across China, the company has demonstrated its commitment to operational excellence and transparency in its operations. With its founder's expertise in consumer credit market innovation and lending marketplace technology, the company is well-positioned to leverage its capabilities for sustained growth and impact in the market.

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity •••••• 1
Investor
24 Dec 2019
Debt Financing •••••• 1 •••• •••• 15 Nov 2016
Series C •••••• 3
Investor
•••• •••• 		29 Jul 2015
Venture Round •••••• - 01 Jul 2015
Series B •••••• 4
Investor Investor Investor
•••• •••• 		01 Nov 2007

View All 6 Funding Rounds

FAQ About China Rapid Finance

China Rapid Finance is an online consumer lending marketplace catering to online users and China's growing middle class. The company provides access to consumer credit for the world's largest untapped market, which is projected to expand to over RMB 5.4 trillion (US $870 billion) by 2020. Its techno...
China Rapid Finance was founded in 2001.
China Rapid Finance operates in the following industries: Financial Services, Fintech, Internet.
China Rapid Finance has approximately 1001-5000 employees.
China Rapid Finance has completed 6 funding rounds, raising a total of $613.00M. The latest funding stage is Post Ipo Equity.

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