About PPWallet
PPWallet is a company based in Beijing (China) founded in 2010. It operates as a B2C. PPWallet has raised $24.5 million across 2 funding rounds from investors including K2VC, IDG Capital and China Growth Capital. PPWallet operates in a competitive market with competitors including Mobifun International Limited, Paytailor and Pay Duo, among others.
- Headquarter Beijing, 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
$24.5 M (USD)
in 2 rounds
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Latest Funding Round
$24.5 M (USD), Series A
Jan 01, 2014
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Investors
K2VC
& 2 more
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Employee Count
Not available
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Funding Insights of PPWallet
PPWallet has successfully raised a total of $24.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $24.5 million completed in January 2014. 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 PPWallet
PPWallet has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include K2VC, IDG Capital and China Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage VC investments in Chinese tech startups are focused on.
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Venture capital firm
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Investor details for PPWallet
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Investments & Acquisitions by PPWallet
Investment portfolio details for PPWallet
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Financial Statements - PPWallet
Detailed financials for PPWallet
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- Profit trends
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Ppwallet Comparisons
Peer comparison for PPWallet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of PPWallet
PPWallet 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 Mobifun International Limited, Paytailor and Pay Duo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Payments via carrier billing for Chinese companies
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Mobile payments are enabled via carrier billing for merchants.
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Provides online payment systems and loyalty programs for e-commerce businesses.
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Detailed competitors of PPWallet
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Latest news on Ppwallet
Complete news archive for PPWallet
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Frequently Asked Questions about PPWallet
PPWallet was founded in 2010 and raised its 1st funding round 2 years after it was founded.
PPWallet is headquartered in Beijing, China.
PPWallet is a funded company, having raised a total of $24.5M across 2 funding rounds to date.
PPWallet operates with a B2C model, focusing on finance, fintech, providing payment solutions, and mobile wallets. Serves as a mobile wallet and payment solution for users. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
PPWallet's top competitors include Mobifun International Limited, Paytailor and Pay Duo.
PPWallet has 3 investors. Key investors include K2VC, IDG Capital, and China Growth Capital.