About Migang
Migang is a company based in Shanghai (China) founded in 2014. It operates as a B2C. Migang has raised $9 million across 1 funding round from investors including NewMargin Ventures and CPE. Migang operates in a competitive market with competitors including KoinWorks, Mintos, Assetz Capital, Bondora and CreditEase, among others.
- Headquarter Shanghai, China
- SectorsFinancial Services
- Website migang.com
- Total Equity Funding$9M (USD)
in 1 rounds
- Latest Funding Round$9M (USD), Series A
Apr 2016
- InvestorsNewMargin Ventures
& 1 more
Funding Insights of Migang
Migang has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Series A round of $9 million completed in April 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 $9M
- Total Rounds 1
- Last Round Series A — $9M
- First Round $9M
(Apr 2016)
- Investors Count 2
All 1 funding rounds of Migang with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2016 | $9M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Migang
Migang has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NewMargin Ventures and CPE.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early and growth Stage VC firm investing in China | – | newmargin.com | Shanghai, China | |
Acquisitions are targeted by CPE as a private equity firm. | – | cpe-fund.com | Beijing, China |
Investor details for Migang
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Migang
2 dated milestones of Migang across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Migang is founded.
- Funding First funding round of $9.0M.
Competitors of Migang
Migang 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 KoinWorks, Mintos, Assetz Capital, Bondora and CreditEase, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| koinworks.com | 2015 | Jakarta, Indonesia | $93.14M | – | Developer of a P2P lending platform | |
| mintos.com | 2014 | Riga, Latvia | $27.98M | 1 | P2P marketplace for consumer and business loans | |
| assetzcapital.co.uk | 2012 | Stockport, United Kingdom | $12.01M | 119 | Developer of online P2P marketplace for commercial real estate and business loans | |
| bondora.com | 2008 | Tallinn, Estonia | $6.83M | 116 | Online P2P marketplace for consumer and business loans | |
| creditease.cn | 2006 | Beijing, China | $11.63M | – | Financial services in wealth management and microcredit loans are offered. | |
| afluenta.com | 2008 | Buenos Aires, Argentina | $10M | – | P2P marketplace for consumer and business loans is operated. | |
| lu.com | 2011 | Shanghai, China | $3.04B | – | Personal loans are connected via an online P2P lending platform. | |
| i2ifunding.com | 2015 | Noida, India | $934,120 | 33 | Borrowers are connected with investors through P2P lending services. |
Detailed competitors of Migang
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Migang
Complete news archive for Migang
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Migang
10 companies that operate in the same segment as Migang (Crowdfunding), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | – | |
Equity crowdfunding is enabled for startups and growing businesses. | 2010 | Exeter, Devon, United Kingdom | USD 62.86 M | USD 18 M | 78 | |
Business loans are provided via a P2P marketplace platform. | 2015 | Singapore, Singapore | USD 241.5 M | – | – | |
An investment platform offering access to private market investments | 2010 | Washington, District Of Columbia, United States | USD 53.73 M | – | – | |
Equity and revenue-based crowdfunding for startups is enabled. | 2012 | Seongnam-si, Gyeonggi-do, South Korea | USD 127.7 M | USD 26.57 M | – | |
Funds are raised online for social causes via crowdfunding platform. | 2008 | San Diego, California, United States | – | – | – | |
Creative projects are crowdfunded via a cloud-based platform. | 2009 | Brooklyn, New York, United States | – | – | – | |
Funds are raised online for charities and personal campaigns. | 2000 | London, England, United Kingdom | USD 18.56 M | USD 65.24 M | 108 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Residential solar financing is provided to homeowners for rooftop installations. | 2011 | Oakland, California, United States | USD 250.46 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Migang
Migang was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Migang is headquartered in Shanghai, China.
Migang is a funded company, having raised a total of $9M across 1 funding round to date. The company's 1st funding round was a Series A of $9M, raised on Apr 2016.
Migang, backed by 9000000.0 from NewMargin Ventures, CPE, focuses on finance, fintech, lending platforms, and p2p marketplaces. Operates an online P2P marketplace for consumer and business loans. Driving innovation, growth, and excellence in its industry sectors. It continues to evolve, meeting industry challenges with strategic approaches.
Migang's top competitors include Bondora, Lufax and CreditEase.
Migang has 2 investors. Key investors include NewMargin Ventures, and CPE.