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Rural Vehicle Financing Platform Shenma Wins RMB 300 Mln Series C

The Beijing News, 5/07/18

Shanghai-based vehicle financing solutions provider Shenma Internet Financial Information Service announced today the completion of RMB 300 mln in Series C funding jointly led by Tongbanjie Fintech Group, China Growth Capital, and Hina Group. Read More

Mobile Rent Installment Platform 58 Fangdai Raises RMB 300 Mln Series E Funding

Lieyunwang, 8/25/17

Nanjing-based Banghang Investment Management, operator of mobile rent installment platform 58 Fangdai, recently announced completion of RMB 300 mln in Series E funding led by Mingdao Jinkong. Read More

Mobile Rent Installment Platform 58 Fangdai Secures RMB 8-digit Series D+

Lieyunwang, 4/01/17

Nanjing-based Banghang Investment Management, operator of mobile rent installment payment platform 58 Fangdai, has completed RMB 8-digit Series D+ funding led by Chinese conglomerate Shuangliang Group. Read More

Rent Installment Platform 58 Fangdai Completes Series D Financing

iYiou, 1/19/17

Nanjing-based Banghang Investment Management, operator of mobile rent installment payment platform 58 Fangdai, has reportedly completed USD 8-digit Series D funding. Read More

JD.com-backed Rent Installment Platform Huifenqi Raises RMB 230 Mln Series C

36Kr.com, 1/10/17

Beijing-based Huizhaofang Network Technology, operator of mobile rent installment service platform Huifenqi, recently announced completion of RMB 230 mln Series C funding from mobile app and smart device developer Liaison Interactive Information Technology (002280.SZ). Read More

Installment Plan E-tailer Qufenqi Raises RMB 3 Bln Pre-IPO Funding

36Kr.com, 7/07/16

Beijing-based Kuaile Shidai Technology, operator of installment plan e-commerce platform Qufenqi.com, today announced completion of RMB 3 bln in its first round of pre-IPO funding, and also revealed that it has formally changed its platform brand to "Qudian.com." Read More

Installment Plan E-commerce Platform Fenqile Wins USD 235 Mln Series D

Sina Tech, 6/15/16

Shenzhen-based Fenqile Network Technology, operator of online and mobile installment plan e-commerce platform Fenqile.com, recently announced completion of USD 235 mln Series D funding led by Beijing-based Huasheng Capital, CoBuilder Partners Venture Fund, and an unspecified Chinese insurance institution. Read More

Sina Launches Study Abroad Installment Loan Product

Sina Tech, 6/08/16

Chinese internet company Sina (Nasdaq: SINA) recently launched a new study abroad installment credit service product, (Sina Liuxue Fenqi). Read More

Ant Financial, Hospital Partner on Medical Treatment Installment Plan

iFeng.com, 5/19/16

Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced that its pay-by-credit service Ant Check Later (formerly Huabei) will partner with Fudan University-affiliated Huashan Hospital to provide medical installment plans. Read More

JD Finance to Integrate Consumer Loan Services with Third-party Platforms

Hexun.com, 3/28/16

JD Finance, the online financing and retail investment platform operated by Chinese B2C e-commerce platform JD.com (Nasdaq: JD), recently announced that its consumer loan services, which currently serve only shoppers on JD.com, will now be available to third parties outside of the JD.com ecosystem. Read More