Herald Leasing

Beijing, China Founded: 2009 • Age: 17 yrs Acquired By BMW Group
Lease services and automobile finance solution provider

About Herald Leasing

Herald Leasing is a Transportation, Automotive & Logistics company based in Beijing (China) founded in 2009, and was acquired by BMW Group in November 2015. Lease services and automobile finance solution provider. Its focus areas include Auto, Auto Retail & Aftersales, Financial Services and Finance. Its competitors include Lion Bridge, Laiyongche and XXF; 2 of its 3 listed competitors have raised funding.

Company details

Founded in 2009 and based in Beijing, China, operations in the automotive leasing sector are conducted by the company. Primary equipment leasing and specialized financing solutions for commercial vehicles are offered. Additional services include financing leases, operating leases, asset purchases and leasing domestically and internationally, residual value management, repair of leased properties, and consulting on lease transactions and guarantees.

  • Headquarters Beijing, China
  • Stage Acquired
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Website heraldleasing.com
  • Acquired by BMW Group (Nov 2015)
Key Metrics

Investors in Herald Leasing

Herald Leasing has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include BMW Group and PAG.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Alternative investment firm
pag.com
Automotive manufacturing company
1916bmwgroup.comMunich, Germany
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Investor details for Herald Leasing

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  • Round participation
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Timeline of Herald Leasing

2 dated milestones of Herald Leasing across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Herald Leasing is founded.
  2. Exit Acquired by BMW Group.

Competitors of Herald Leasing

Herald Leasing has 3 listed competitors in our database, 2 of them funded. They include Lion Bridge, Laiyongche and XXF.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sqcapital.cn2012Beijing, China$149.88M
Online B2B marketplace for financed vehicle leasing
laiyongche.com2015Beijing, China$14.94M
Manages a digital platform for car installment purchases and leasing.
xxfqc.com2007Fuzhou, China
Automobile finance and related retail services are provided by XXF.
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Detailed competitors of Herald Leasing

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  • Operating metrics
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Frequently Asked Questions about Herald Leasing

Herald Leasing was founded in 2009.

Herald Leasing is headquartered in Beijing, China.

Founded in 2009 and based in Beijing, China, operations in the automotive leasing sector are conducted by the company. Primary equipment leasing and specialized financing solutions for commercial vehicles are offered. Additional services include financing leases, operating leases, asset purchases and leasing domestically and internationally, residual value management, repair of leased properties, and consulting on lease transactions and guarantees.

Herald Leasing's top competitors include Lion Bridge, XXF and Laiyongche.

Herald Leasing has 2 investors. Key investors include BMW Group, and PAG.

Yes. Herald Leasing was acquired by BMW Group in November 2015.

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