About faytech
faytech is a company based in Shenzhen (China) founded in 2009 was acquired by Mic in February 2022. faytech has raised $439.71 thousand across 1 funding round from investors including Pyramid AG and FunderNation.
- Headquarter Shenzhen, China
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Faytech Private Limited
- Date of Incorporation 27 Jun, 2008
- Jurisdiction Delhi, India
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Annual Revenue
$1.02 M (USD)311.84as on Mar 31, 2023
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Net Profit
$63.23 K (USD)1814.71as on Mar 31, 2023
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EBITDA
$79.97 K (USD)313.7as on Mar 31, 2023
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Total Equity Funding
$439.71 K (USD)
in 1 rounds
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Latest Funding Round
$439.71 K (USD), Seed
Mar 01, 2018
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Investors
Pyramid AG
& 1 more
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Employee Count
Not available
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Acquired by
Mic
(Feb 03, 2022)
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Funding Insights of faytech
faytech has successfully raised a total of $439.71K through 1 strategic funding round. The most recent funding activity was a Seed round of $439.71 thousand completed in March 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.
Investors in faytech
faytech has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Pyramid AG and FunderNation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage European companies are invested in by Mic AG.
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Locked | Locked | Locked | |
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Operates a crowdlending platform for small and medium enterprises.
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Locked | Locked | Locked |
Investor details for faytech
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Investments & Acquisitions by faytech
Investment portfolio details for faytech
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Financial Statements - faytech
Detailed financials for faytech
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Faytech Comparisons
Peer comparison for faytech
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Competitors of faytech
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Latest news on Faytech
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Frequently Asked Questions about faytech
faytech was founded in 2009 and raised its 1st funding round 9 years after it was founded.
faytech is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Fan Yang is the current CEO of faytech.
faytech is a funded company, having raised a total of $439.71K across 1 funding round to date.
Annual revenue of faytech is $1.02M as on Mar 31, 2023.
Faytech was founded in 2009 in Shenzhen, China, and operates within the religious media sector. Online radio broadcasts and digital hymnals are delivered through mobile applications compatible with Android and Apple devices. A website is maintained with details on religious services and events. Access to radio and television programming is enabled via these apps, while the hymnal feature includes a collection of hymns for users.
faytech has 2 investors. Key investors include Pyramid AG, and FunderNation.