Weijinsuo is a peer-to-peer lending platform that is currently helping to shape the Chinese alternative finance space.
Based in Beijing, China, Weijinsuo is a peer-to-peer lending platform that covers the areas of credit collection, assessment, and management. The company’s senior management staff has over 10 years of experience in the bank management and risk management industry. It shapes the Chinese alternative finance space by providing its investors with an average annual yield of around 11.7% with up to 36 months of lock-up period. The company’s series A investment round was led by HNA Capital Group. Established in 2010, Weijinsuo is comprised of over 700,000 registered users and has completed an aggregate transaction value of over 616 million U.S. dollars.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 31, 2015 | Series A | $46M | 1 | HNA Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
HNA Capital | Yes | Series A |