Furongba

Nanjing, China Founded: 2013 • Age: 13 yrs
Online lending is provided to SMEs and individuals.
Annual revenue - Latest available
Total funding $175.8M 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Furongba

Furongba is a company based in Nanjing (China) founded in 2013. Furongba has raised $175.8 million across 3 funding rounds from investors including Guangdong Macro Gas Appliance. Furongba operates in a competitive market with competitors including JiuFu, Tuandai, Velotrade, Xiao Ying Financial and Jiandanlicai, among others.

  • Headquarter Nanjing, China
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $175.8 M (USD)

    in 3 rounds

  • Latest Funding Round
    $120.62 M (USD), Series B

    Jul 05, 2018

  • Investors
  • Employee Count
    Not available
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Funding Insights of Furongba

Furongba has successfully raised a total of $175.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $120.62 million completed in July 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 Furongba

Furongba has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Guangdong Macro Gas Appliance.

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Institutional
Investor Description Founded Year Domain Location
Residential properties are developed and sold in China.
Locked Locked Locked
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Investor details for Furongba

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Investments & Acquisitions by Furongba

Investments
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Investment portfolio details for Furongba

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Financial Statements - Furongba

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Detailed financials for Furongba

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Furongba Comparisons

Furongba Primary company
Description
Online lending is provided to SMEs and individuals.
Location
Nanjing, China
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Furongba

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Competitors of Furongba

Furongba 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 JiuFu, Tuandai, Velotrade, Xiao Ying Financial and Jiandanlicai, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
P2P microfinance credit is provided to small businesses and individuals.
Locked Locked Locked
Diversified business loans are facilitated through an online P2P marketplace.
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P2P marketplace for invoice factoring
Locked Locked Locked
Operates an online P2P lending platform in China.
Locked Locked Locked
Operates a peer-to-peer lending platform connecting borrowers and lenders securely.
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Detailed competitors of Furongba

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Latest news on Furongba

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Complete news archive for Furongba

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Frequently Asked Questions about Furongba

Furongba was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Furongba is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.

Furongba is a funded company, having raised a total of $175.8M across 3 funding rounds to date.

Furongba was founded in 2013 in Nanjing, China, as an online platform for investment and financing. Small and micro enterprises, along with individuals, are connected to investors and partner agencies through internet-based services. Financial asset transactions are facilitated digitally within the fintech sector. Operations focus on bridging funding gaps for SMEs. Funding is reported from Softbank China and Zhejiang Fund in Beijing.

Furongba's top competitors include JiuFu, Tuandai and Velotrade.

Furongba has 1 investor. Key investors include Guangdong Macro Gas Appliance.

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