About Fenqile
Fenqile is a company based in Beijing (China) founded in 2013.. Fenqile has raised $345 million across 5 funding rounds from investors including JD.com, SS&C and Bertelsmann Asia Investments. Fenqile operates in a competitive market with competitors including Klarna, PayJoy, Qudian, P Omni Prime and Oriente, among others.
- Headquarter Beijing, China
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$345 M (USD)
in 5 rounds
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Latest Funding Round
$235 M (USD), Series D
Jun 15, 2016
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Investors
JD.com
& 5 more
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Employee Count
Employee Count
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Funding Insights of Fenqile
Fenqile has successfully raised a total of $345M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $235 million completed in June 2016. 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 5
- Last Round Series D — $235.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series D - Fenqile | Valuation |
investors |
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| Mar, 2015 | Amount | Series C - Fenqile | Valuation | JD.com |
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| Dec, 2014 | Amount | Series B - Fenqile | Valuation | DST Global Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Fenqile
Fenqile has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include JD.com, SS&C and Bertelsmann Asia Investments. 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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Venture capital firm backed by Bertelsmann
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investment firm
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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 Fenqile
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Fenqile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Fenqile Comparisons
Competitors of Fenqile
Fenqile 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 Klarna, PayJoy, Qudian, P Omni Prime and Oriente, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Point-of-sale financing is facilitated through an online platform for purchases.
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| domain | founded_year | HQ Location |
Online platform for purchase financing
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| domain | founded_year | HQ Location |
Online purchase financing is facilitated for consumer electronics via installments.
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| domain | founded_year | HQ Location |
Mobile purchase finance is provided to retailers and O2O providers.
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| domain | founded_year | HQ Location |
Point-of-sale financing is enabled through an online blockchain marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Fenqile
Frequently Asked Questions about Fenqile
When was Fenqile founded?
Fenqile was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Fenqile located?
Fenqile is headquartered in Beijing, China.
Is Fenqile a funded company?
Fenqile is a funded company, having raised a total of $345M across 5 funding rounds to date. The company's 1st funding round was a Series B of $100M, raised on Apr 01, 2014.
What does Fenqile do?
Fenqile allows users, primarily college students, to buy electronics they otherwise couldnt afford via short- and long-term payment plans. The site has partnered with some of Chinas largest ecommerce players, and allows users to pick up products like iPads and smartphones without paying the full price up front. Users can choose the length of the plan they want options range from 3 months up to 18 months and the interest rate varies accordingly. In the first half of 2016, It claims its customers bought 1.5B worth of products.
Who are the top competitors of Fenqile?
Who are Fenqile's investors?
Fenqile has 6 investors. Key investors include JD.com, SS&C, Bertelsmann Asia Investments, Matrix Partners China, and DST Global Partners.