About 58fangdai
58fangdai is a Real Estate & Construction company based in Nanjing (China) founded in 2015. Lending platform providing rent installment service. It operates in the Real Estate & Construction and Financial Services sectors. 58fangdai has raised $175.89 million across 9 funding rounds from investors including JiuFu, China Renaissance Group and Jiufu Puhui. Its focus areas include Real Estate and Construction Tech, Property Management Tech, Rental Management and Rental Loans.
Company details
Founded in 2015 and based in Nanjing, China, the company operates in the lending sector by providing rent installment services to college graduates. Upfront payments for three months rent plus deposit are covered, with monthly repayments handled through a mobile app available on Android and iOS. Services are extended to major cities including Beijing, Shanghai, and Nanjing.
- Headquarters Nanjing, China
- SectorsReal Estate & ConstructionFinancial Services
- Website 58fangdai.com
- Total Equity Funding$175.89M (USD)
in 9 rounds
- Latest Funding Round$80.3M (USD), Series F
Jan 2018
- InvestorsJiuFu
& 9 more
Funding Insights of 58fangdai
58fangdai has successfully raised a total of $175.89M across 9 strategic funding rounds. The most recent funding activity was a Series F round of $80.3 million completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $175.89M
- Total Rounds 9
- Last Round Series F — $80.3M
- First Round $1.57M
(May 2015)
- Investors Count 10
All 9 funding rounds of 58fangdai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $80.3M | Series F | – | Jiufu Puhui | – |
| Aug 2017 | $45.03M | Series E | – | Mingdao | |
| Apr 2017 | Series D | – | – | – | |
| Jan 2017 | Series D | – | – | – | |
| Nov 2016 | Series C | – | – | ||
| Jan 2016 | $30.4M | Series B | – | – | |
| Nov 2015 | $8.6M | Series A | – | – | |
| Jul 2015 | $10M | Series A | – | – | |
| May 2015 | $1.57M | Seed | – | – |
10 investors in total: 10 institutional.
Investors in 58fangdai
58fangdai has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include JiuFu, China Renaissance Group and Jiufu Puhui.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| 9ccapital.com | ||||
| ginkgo.net.cn | ||||
Seed & growth stage tech and offline focused VC firm investing primarily in China | blackholecap.com | Beijing, China | ||
M&A advisory, asset management firm, and private equity fund focused on multiple sectors | 2005 | huaxing.com | Chaoyang, China | |
| whcap.net | ||||
| ac-index.com | ||||
Operates an online platform for lending services. | 2014 | 9fpuhui.com | Beijing, China | |
| mingdaojinkong.com | ||||
P2P microfinance credit is provided to small businesses and individuals. | 2006 | 9fgroup.com | Hangzhou, China | |
A hedge fund focused on long/short equity investment strategies. | 2006 | czcapital.co.uk | London, United Kingdom |
Investor details for 58fangdai
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of 58fangdai
3 dated milestones of 58fangdai across 3 years, from founding to its latest funding, stage changes and deals.
- Founded 58fangdai is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Series F, of $80.3M.
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Frequently Asked Questions about 58fangdai
58fangdai was founded in 2015.
58fangdai is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.
58fangdai is a funded company, having raised a total of $175.89M across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.57M, raised on May 2015.
Founded in 2015 and based in Nanjing, China, the company operates in the lending sector by providing rent installment services to college graduates. Upfront payments for three months rent plus deposit are covered, with monthly repayments handled through a mobile app available on Android and iOS. Services are extended to major cities including Beijing, Shanghai, and Nanjing.
58fangdai has 10 investors. Key investors include JiuFu, China Renaissance Group, Jiufu Puhui, Mingdao, and 9C Capital.