About Yeepay
Yeepay is a Financial Services company based in Beijing (China) founded in 2003 by Tang Bin and Chen Yu. Online and offline third-party payment services are provided. Yeepay has raised $8.5 million across 4 funding rounds from investors including Huawei, TA Associates and Far East Capital. Its chief executive, as recorded, is Tang Bin. Its website yeepay.com draws about 814 thousand monthly visits. Its focus areas include FinTech, Payments, Business Payments and Diversified. Its competitors include Reap, XTransfer and UnionPay Intl; 2 of its 3 listed competitors have raised funding.
Company details
YeePay is a Chinese third-party payment service provider and it was founded by Beijing Rongtong Information Technology Corporation. Headquartered in Beijing, China, YeePay also has branch offices in Shanghai, Guangzhou, Shenzhen and Chengdu. As the first company in China to provide a single platform integrating both online and offline electronic payments, YeePays innovative solution enables consumers and businesses to make and receive payments over the Internet, mobile and telephone. YeePay has formed strategic partnerships with major banks in China. YeePays customers include leading internet companies and ecommerce websites as well as many merchants in traditional industries, such as Baidu, TOM Online, Shanda, KingSoft, DangDang, eLong, GoMe Electronics and China Unicom. YeePay was recognized as the Best Payment Platform by the China eCommerce Association and one of the Top 50 Innovators by the China Internet Society.
- Headquarters Beijing, China
- Founders Tang Bin, Chen Yu
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Website yeepay.com
- Social LinkedIn
- Total Equity Funding$8.5M (USD)
in 4 rounds
- InvestorsHuawei
& 8 more
Funding Insights of Yeepay
Yeepay has successfully raised a total of $8.5M across 4 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 $8.5M
- Total Rounds 4
- First Round $2.5M
(Jun 2005)
- Investors Count 9
All 4 funding rounds of Yeepay 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 |
|---|---|---|---|---|---|
| Mar 2015 | Series C | – | – | ||
| Jul 2011 | Series B | – | – | ||
| Aug 2006 | $6M | Series B | – | DFJ Dragon Fund China, Intel Capital | |
| Jun 2005 | $2.5M | Series A | – | DFJ Dragon Fund China |
9 investors in total: 8 institutional and 1 angel.
Investors in Yeepay
Yeepay has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Huawei, TA Associates and Far East Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by private equity firm TA. | ta.com | Boston, United States | ||
Far East Capital is operated as a family office for investments. | fareast.ventures | Singapore, Singapore | ||
Early-stage centric VC firm funding companies in the US and China | draperdragon.com | Shanghai, China | ||
Venture capital investments are provided to high-tech companies. | 2006 | dfjdragon.com | San Mateo, USA | |
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Venture capital funds are managed for healthcare and diverse sectors. | hambrechtcapital.com | San Francisco, United States | ||
Hybrid cloud platforms and networking solutions are provided globally. | 1987 | huawei.com | Shenzhen, China | |
MyCapital is operated as a platform connecting businesses to venture capital and loans. | mycapital.com | Beverly Hills, United States | ||
TD Tim Draper | Venture capitalist, founder of Draper Associates, early Bitcoin investor, active in India | unknown_d374969dcaf245aab |
Investor details for Yeepay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Yeepay
2 people are tracked at Yeepay (2 in leadership).
| Name | Role | Group |
|---|---|---|
Tang Bin | Co-Founder & CEO | Leadership |
Chen Yu | Co-Founder & President | Leadership |
Complete people profiles for Yeepay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Yeepay
3 dated milestones of Yeepay across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Yeepay is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series C,.
Competitors of Yeepay
Yeepay has 3 listed competitors in our database, 2 of them funded. They include Reap, XTransfer and UnionPay Intl.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| reap.global | 2010 | Hong Kong, China | $45.69M | Global financial infrastructure is provided powered by stablecoins. | ||
| xtransfer.com | 2017 | Shanghai, China | $168M | Cross-border payment platform is provided for global trade and suppliers. | ||
| unionpayintl.com | 2012 | Shanghai, China | Mobile and online payment solutions are provided for banks. |
Detailed competitors of Yeepay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Yeepay
The website of Yeepay (yeepay.com) receives about 813.5K visits a month and ranks #57,616 among all websites worldwide, #3,641 in Financial Planning and Management.
- Monthly visits813.5K
▲ 40.9% vs previous month
- Unique visitors104.4K
per month
- Global rank#57,616
among all websites
- Category rank#3,641
Finance · Financial Planning and Management
- Bounce rate22%
- Pages per visit10.8
- Average visit14 min 03 sec
- DevicesDesktop 63% · Mobile 37%
Websites whose visitors overlap most with Yeepay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 99bill.com | 100% | 46.8K | #442,621 | View details | |
| tenpay.com | 100% | 613.8K | #120,528 | View details | |
| alipay.com | 99% | #706 | View details | ||
ips.com.cn | ips.com.cn | 98% | – | ||
beijing.com.cn | beijing.com.cn | 97% | #5,267,363 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Yeepay
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- 31 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Yeepay
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Frequently Asked Questions about Yeepay
Yeepay was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Yeepay is headquartered in Beijing, China.
Tang Bin is the CEO of Yeepay, as recorded in our data. They have also founded this company.
Yeepay is a funded company, having raised a total of $8.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Jun 2005.
YeePay is a Chinese third-party payment service provider and it was founded by Beijing Rongtong Information Technology Corporation. Headquartered in Beijing, China, YeePay also has branch offices in Shanghai, Guangzhou, Shenzhen and Chengdu. As the first company in China to provide a single platform integrating both online and offline electronic payments, YeePays innovative solution enables consumers and businesses to make and receive payments over the Internet, mobile and telephone. YeePay has formed strategic partnerships with major banks in China. YeePays customers include leading internet companies and ecommerce websites as well as many merchants in traditional industries, such as Baidu, TOM Online, Shanda, KingSoft, DangDang, eLong, GoMe Electronics and China Unicom. YeePay was recognized as the Best Payment Platform by the China eCommerce Association and one of the Top 50 Innovators by the China Internet Society.
Yeepay's top competitors include XTransfer, Reap and UnionPay Intl.
Yeepay has 9 investors. Key investors include Huawei, TA Associates, Far East Capital, Draper Dragon, and DFJ DragonFund.
The website of Yeepay receives about 814 thousand visits a month and ranks #57,616 among all websites worldwide.