RongETong is a third-party international logistics integrated service platform offering a range of services such as online invoicing, foreign currency online payment, B2B RMB interbank online payment, and one-stop payment solutions for freight forwarders and traders. Created by Tianjin Rongyida Information Technology Co., Ltd., RongETong facilitates online multi-currency electronic invoices, multi-currency online payments, online purchase payments, and RMB interbank payments. It offers a comprehensive suite of features including enterprise system interface integration, mobile applets, PC applications, and services in insurance, finance, and logistics. The platform's capabilities enable online automatic review and payment functions for electronic invoices, streamlining business operations to be paperless, digital, cost-efficient, high performing, and transactionally transparent.
This Logistics startup, founded in 2017, addressed the limitations of the traditional freight forwarding industry by providing full-currency online invoicing and payment, ultimately assisting users in reducing costs and enhancing operational efficiency. The last major investment of CNY10.00M came through a Seed Round investment from CITIC Zhengye on 17 July 2019.
