About Iqunxing
Iqunxing is a company based in Shanghai (China) founded in 2013.. Iqunxing has raised $21.77 million across 1 funding round. Iqunxing operates in a competitive market with competitors including Lianyirong Digital Technology Group, Shengye Capital, FundPark, Yinchengku and crossinx, among others.
- Headquarter Shanghai, 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
$21.77 M (USD)
in 1 rounds
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Latest Funding Round
$21.77 M (USD), Series C
Nov 23, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of Iqunxing
Iqunxing has successfully raised a total of $21.77M through 1 strategic funding round. The most recent funding activity was a Series C round of $21.77 million completed in November 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 1
- Last Round Series C — $21.8M
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First Round
First Round
(23 Nov 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series C - Iqunxing | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Iqunxing
| 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 - Iqunxing
| 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 |
Iqunxing Comparisons
Competitors of Iqunxing
Iqunxing 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 Lianyirong Digital Technology Group, Shengye Capital, FundPark, Yinchengku and crossinx, 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 |
An online marketplace for invoice financing is operated.
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| domain | founded_year | HQ Location |
Supply chain financing is facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Trade financing services are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Operates a digital hub for invoice and bill financing services.
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| domain | founded_year | HQ Location |
E-invoicing and supply chain financing solutions are delivered to businesses.
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| domain | founded_year | HQ Location |
Developer of an online P2P platform for invoice financing
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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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Frequently Asked Questions about Iqunxing
When was Iqunxing founded?
Iqunxing was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Iqunxing located?
Iqunxing is headquartered in Shanghai, China.
Is Iqunxing a funded company?
Iqunxing is a funded company, having raised a total of $21.77M across 1 funding round to date. The company's 1st funding round was a Series C of $21.77M, raised on Nov 23, 2016.
What does Iqunxing do?
Iqunxing was founded in 2013 in Shanghai, China, as a financial services platform focused on supply chain finance. Factoring solutions are offered to companies across various sectors, supporting working capital needs, marketing expenses, and operational financing. The platform operates through its domain iqunxing.com. Series A and Series B funding rounds have been secured from Northern Light Venture Capital.
Who are the top competitors of Iqunxing?
Iqunxing's top competitors include Lianyirong Digital Technology Group, Shengye Capital and PPmoney.