# 100Credit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/100credit

- Industry: Software
- Headquarters: Beijing, China
- Website: www.brgroup.com
- Total disclosed funding: $190M
- Latest round: Series C (Apr 18, 2018)
- Investors on record: 8

## About

Founded in 2014 and based in Beijing, China, 100Credit operates as an AI technology platform that provides financial big data analysis solutions. The company’s core management team graduated from Tsinghua University. It is a member of the Internet Society of China and a member of the Payment and Clearing Association of China. Some enterprises, such as SAIC, Bank of China, China Life, and SF Express, have cooperated with company. In April 2018, new investor China Reform Fund Management led a CNY 1 billion series C funding for 100Credit. In March 2021, 100Credit raised USD 220 million in Pre-IPO funding from new investor CCT Fund Management, Cederberg Capital and individual investor. In March 2021, the company was listed on the Hong Kong Stock Exchange. In 2021, ORIX Asia Capital acquired 100Credit in a PIPE acquisition. 

The company mainly provides risk control, inclusive finance, system deployment, artificial intelligence and other services. Specific services include banking, consumer finance, wealth management, financial leasing and digitalization of e-commerce industries. Its SaaS cloud platform uses AI technology, cloud computing, blockchain and big data to formulate risk scoring algorithms for financial institutions and establish consumer financial analysis and behavior models. 

100Credit generates revenue by providing services such as customer acquisition, precision marketing, customer group analysis, risk control management, anti-fraud, pre-loan credit review, and post-loan management.

## Funding rounds

- Series C, Apr 18, 2018, $159M — Hong Shan, China Reform Holdings
- Series B, Jun 15, 2016 — China International Capital Corporation, Hillhouse Investment, Pagoda Innovation
- Series B, Oct 20, 2015, $31M — Hong Shan, Huagai Capital
- Series A, Dec 26, 2014 — IDG Capital, Hillhouse Investment, Zhejiang Daily Digital Culture Group

## Investors

- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series A, Series B
- Zhejiang Daily Digital Culture Group — Series A
- Hong Shan — Series B, Series C
- Huagai Capital (https://capitalatlas.ai/funds/huagai-capital) — Series B
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- Pagoda Innovation (https://capitalatlas.ai/funds/pagoda-innovation) — Series B
- China Reform Holdings (https://capitalatlas.ai/funds/china-reform-holdings) — Series C