About China Rapid Finance
China Rapid Finance is a company based in Shanghai (China) founded in 2001. It operates as a Peer-to-Peer (P2P), and FinTech. China Rapid Finance has raised $105.12 million across 7 funding rounds from investors including UBS, True North Financial Partners and Broadline Capital. China Rapid Finance offers products and services including Consumer Lending Marketplace. China Rapid Finance operates in a competitive market with competitors including WeLab, JD Finance, CreditEase, Lufax and Jimubox, among others.
- Headquarter Shanghai, China
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name China Rapid Finance
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105.12 M (USD)
in 7 rounds
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Latest Funding Round
$8 M (USD), Post-IPO
Dec 24, 2019
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Investors
UBS
& 4 more
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Employee Count
Employee Count
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Products & Services of China Rapid Finance
China Rapid Finance offers a comprehensive portfolio of products and services, including Consumer Lending Marketplace. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform connecting borrowers with affordable credit options.
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Funding Insights of China Rapid Finance
China Rapid Finance has successfully raised a total of $105.12M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $8 million completed in December 2019. 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 Total Funding
- Total Rounds 7
- Last Round Post-IPO — $8.0M
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First Round
First Round
(01 Dec 2005)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2019 | Amount | Post-IPO - China Rapid Finance | Valuation |
investors |
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| Nov, 2016 | Amount | Series D - China Rapid Finance | Valuation |
investors |
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| Jan, 2016 | Amount | Series C - China Rapid Finance | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in China Rapid Finance
China Rapid Finance has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include UBS, True North Financial Partners and Broadline Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by China Rapid Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - China Rapid Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
China Rapid Finance Comparisons
Competitors of China Rapid Finance
China Rapid Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeLab, JD Finance, CreditEase, Lufax and Jimubox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Financial products are offered through an online platform.
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| domain | founded_year | HQ Location |
Consumer and business loans are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Financial services in wealth management and microcredit loans are offered.
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| domain | founded_year | HQ Location |
Personal loans are connected via an online P2P lending platform.
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| domain | founded_year | HQ Location |
US equities market investment trading platform and fintech product marketplace
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on China Rapid Finance
Frequently Asked Questions about China Rapid Finance
When was China Rapid Finance founded?
China Rapid Finance was founded in 2001 and raised its 1st funding round 4 years after it was founded.
Where is China Rapid Finance located?
China Rapid Finance is headquartered in Shanghai, China.
Is China Rapid Finance a funded company?
China Rapid Finance is a funded company, having raised a total of $105.12M across 7 funding rounds to date. The company's 1st funding round was a Series C of $4.92M, raised on Dec 01, 2005.
What does China Rapid Finance do?
China Rapid Finance is established as the largest and fastest-growing consumer lending marketplace in China. The company operates an extensive multi-channel platform, both offline and online, spanning over 90 cities. Borrowers and investors are connected to facilitate significant loan volumes. Advanced technologies like predictive selection and automated decisioning are utilized to target creditworthy individuals from the emerging middle class. Partnerships with major internet platforms are leveraged to reduce acquisition costs and enhance customer reach. Solutions are provided to meet the lifetime credit needs of customers, fostering loyalty through convenience and security.
Who are the top competitors of China Rapid Finance?
China Rapid Finance's top competitors include WeLab, Lufax and CreditEase.
What products or services does China Rapid Finance offer?
China Rapid Finance offers Consumer Lending Marketplace.
Who are China Rapid Finance's investors?
China Rapid Finance has 5 investors. Key investors include UBS, True North Financial Partners, Broadline Capital, DLB Capital, and Northwater Capital Management.