About PPDai
PPDai is a company based in Shanghai (China) founded in 2007. PPDai has raised $60 million across 5 funding rounds from investors including Ant Group, Noah Holdings and Legend Capital. PPDai operates in a competitive market with competitors including Yooli, Zhejiang Grassroots Network Technology, Licaifan, Renrendai and INK Yinke Group, among others.
- Headquarter Shanghai, China
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Ant Group
& 7 more
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Employee Count
Employee Count
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People of PPDai
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Leadership Team
2 people
Strategic Team
1 people
COO Team
1 people
Finance and Accounting
1 people
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Funding Insights of PPDai
PPDai has successfully raised a total of $60M across 5 strategic funding rounds. 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 5
- Last Round Last Round
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Series C - PPDai | Valuation | Legend Capital , SIG China | |
| Apr, 2014 | Amount | Series B - PPDai | Valuation | Lightspeed China Partners | |
| Nov, 2013 | Amount | Series B - PPDai | Valuation |
investors |
Investors in PPDai
PPDai has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Ant Group, Noah Holdings and Legend Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture Capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Tech companies in China are invested in by SIG China.
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Founded Year | Domain | Location | |
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Venture capital services are offered by Lightspeed China Partners in technology sectors focused on China.
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Founded Year | Domain | Location |
Investments & Acquisitions by PPDai
Financial Statements - PPDai
Ppdai Comparisons
Competitors of PPDai
PPDai 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 Yooli, Zhejiang Grassroots Network Technology, Licaifan, Renrendai and INK Yinke Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
P2P lending access is facilitated via partnerships with micro-credit firms.
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| domain | founded_year | HQ Location |
P2P lending and investment platform
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| domain | founded_year | HQ Location |
P2B platform for SME loans and investments is operated online.
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| domain | founded_year | HQ Location |
P2P lending is facilitated for white-collar workers and small businesses.
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| domain | founded_year | HQ Location |
Peer-to-peer crowdlending platform for SME loans and mortgages is operated.
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Frequently Asked Questions about PPDai
PPDai was founded in 2007 and raised its 1st funding round 1 year after it was founded.
PPDai is headquartered in Shanghai, China.
PPDai is a funded company, having raised a total of $60M across 5 funding rounds to date. The company's 1st funding round was a Series B of $35M, raised on Mar 01, 2008.
An online P2P lending platform was established in 2007 in Shanghai, China, focusing on small unsecured loans. Services are extended to individual borrowers, with a dedicated department created for Taobao retailers. Annual returns of 12 to 20 are offered to investors. As of December 2015, 12.11 million users were registered. Equity funding has been secured from Sequoia Capital, Alibaba Capital, Lightspeed China, and Noah Wealth Management.
PPDai's top competitors include Zhejiang Grassroots Network Technology, Renrendai and Yooli.
PPDai has 8 investors. Key investors include Ant Group, Noah Holdings, Legend Capital, SIG China, and Lightspeed China Partners.