About Renrendai
Renrendai is a company based in Beijing (China) founded in 2010. Renrendai has raised $3.2 million across 2 funding rounds from investors including unknown. Renrendai operates in a competitive market with competitors including PPDai, Yooli, Zhejiang Grassroots Network Technology, Licaifan and INK Yinke Group, 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
$3.2 M (USD)
in 2 rounds
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Latest Funding Round
Not available
- Investors
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Employee Count
Not available
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Funding Insights of Renrendai
Renrendai has successfully raised a total of $3.2M across 2 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.
Investors in Renrendai
Renrendai has secured backing from 1 investor. Prominent investors backing the company include unknown.
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Investor details for Renrendai
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Investments & Acquisitions by Renrendai
Investment portfolio details for Renrendai
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Financial Statements - Renrendai
Detailed financials for Renrendai
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Renrendai Comparisons
Peer comparison for Renrendai
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Competitors of Renrendai
Renrendai 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 PPDai, Yooli, Zhejiang Grassroots Network Technology, Licaifan and INK Yinke Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Small unsecured P2P loans are facilitated online for Chinese borrowers.
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P2P lending access is facilitated via partnerships with micro-credit firms.
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P2P lending and investment platform
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P2B platform for SME loans and investments is operated online.
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Peer-to-peer crowdlending platform for SME loans and mortgages is operated.
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Detailed competitors of Renrendai
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Latest news on Renrendai
Complete news archive for Renrendai
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Frequently Asked Questions about Renrendai
Renrendai was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Renrendai is headquartered in Beijing, China.
Renrendai is a funded company, having raised a total of $3.2M across 2 funding rounds to date.
Beijing-based Renrendai is the leading P2P platform in terms of the total number of outstanding loans. Since its inception, the company has built a nationwide service network covering over 2000 regions with a strong customer base. Renrendai targets white-collar employees and small business owners as customers, charging borrowers a management fee of 0.3 percent of the borrowed money, and a service fee of up to 5 percent for high-risk borrowers. The returns on Renrendai.com loans are between 10 and 18, which is higher than the 3.25 offered by one year turn deposits in banks. The company also controls default risks by measuring borrowers income, occupation, assets and family connections. It has disbursed loans amounting to 2.4B in loans by the year 2015.
Renrendai's top competitors include PPDai, Zhejiang Grassroots Network Technology and Yooli.
Renrendai has 1 investor. Key investors include unknown.