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
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9 M (USD)
in 1 rounds
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Latest Funding Round
$9 M (USD), Series A
Apr 11, 2016
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Investors
NewMargin Ventures
& 1 more
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Employee Count
Not available
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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.
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 |
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Early and growth Stage VC firm investing in China
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Acquisitions are targeted by CPE as a private equity firm.
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Investor details for Migang
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Investments & Acquisitions by Migang
Investment portfolio details for Migang
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Financial Statements - Migang
Detailed financials for Migang
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Migang Comparisons
Peer comparison for Migang
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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 year | HQ Location | Description |
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| Locked | Locked | Locked |
Developer of a P2P lending platform
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P2P marketplace for consumer and business loans
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Developer of online P2P marketplace for commercial real estate and business loans
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Online P2P marketplace for consumer and business loans
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Financial services in wealth management and microcredit loans are offered.
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P2P marketplace for consumer and business loans is operated.
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Detailed competitors of Migang
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Latest news on Migang
Complete news archive for Migang
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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.
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.