# Beijing Qianfang Yintong Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-qianfang-yintong-technology-co

- Industry: Software
- Headquarters: Beijing, China
- Website: www.qfpay.com
- Total disclosed funding: $36M
- Latest round: Series C (Aug 13, 2019)
- Investors on record: 5

## About

Established in 2011 and based in Beijing, China, Beijing Qianfang Yintong Technology Co., Ltd. is a financial technology company that provides mobile payment solutions. The company has raised more than RMB 500 million in venture funding. The company has brand in Hongkong, Guangzhou, etc.

The company is a mobile payment solution services provider. The firm's products include the QPOS machine, which allows users to pay through their mobile phones. It also provides software as a service (SaaS) resources for retailers. The company operates three payment platform brand: QFPay, Haojin and Spread-it. The company provides its products and services overseas including South Korea, Japan, Indonesia.

## Funding rounds

- Series C, Aug 13, 2019, $20M — Hong Shan, Rakuten Capital, MDI Ventures, MPC, VentureSouq
- Series B, Jan 22, 2014, $16M — Hong Shan, MPC
- Series A, Jan 30, 2013 — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C
- MPC — Series B, Series C
- Rakuten Capital (https://capitalatlas.ai/funds/rakuten-capital) — Series C
- MDI Ventures (https://capitalatlas.ai/funds/mdi-ventures) — Series C
- VentureSouq (https://capitalatlas.ai/funds/venturesouq) — Series C