About Yeepay
Yeepay is a company based in Beijing (China) founded in 2003 by Tang Bin and Chen Yu.. Yeepay has raised $8.5 million across 4 funding rounds from investors including Huawei, TA Associates and Far East Capital. Yeepay operates in a competitive market with competitors including Square, Flutterwave, Dlocal, ACI Worldwide and Reap, among others.
- Headquarter Beijing, China
- Founders Tang Bin, Chen Yu
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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
$8.5 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Huawei
& 8 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(01 Jun 2005)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Series C - Yeepay | Valuation |
investors |
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| Jul, 2011 | Amount | Series B - Yeepay | Valuation |
investors |
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| Aug, 2006 | Amount | Series B - Yeepay | Valuation | DFJ Dragon Fund China , Intel Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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Far East Capital is operated as a family office for investments.
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Founded Year | Domain | Location | |
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Early-stage centric VC firm funding companies in the US and China
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Yeepay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Yeepay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yeepay Comparisons
Competitors of Yeepay
Yeepay 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 Square, Flutterwave, Dlocal, ACI Worldwide and Reap, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Global payment processing is facilitated for businesses through diverse methods.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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| domain | founded_year | HQ Location |
Global financial infrastructure is provided powered by stablecoins.
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| domain | founded_year | HQ Location |
Cross-border payment platform is provided for global trade and suppliers.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Yeepay
Frequently Asked Questions about Yeepay
When was Yeepay founded?
Yeepay was founded in 2003 and raised its 1st funding round 2 years after it was founded.
Where is Yeepay located?
Yeepay is headquartered in Beijing, China.
Who is the current CEO of Yeepay?
Tang Bin is the current CEO of Yeepay. They have also founded this company.
Is Yeepay a funded 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 B of $6M, raised on Jun 01, 2005.
What does Yeepay do?
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.
Who are the top competitors of Yeepay?
Yeepay's top competitors include Flutterwave, Square and ACI Worldwide.
Who are Yeepay's investors?
Yeepay has 9 investors. Key investors include Huawei, TA Associates, Far East Capital, Draper Dragon, and DFJ DragonFund.