# CFPA Microfinance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cfpa-microfinance

- Industry: Financial Services
- Headquarters: Beijing, China
- Website: www.cdfinance.com.cn
- Total disclosed funding: $86M
- Latest round: Series C (Nov 6, 2018)
- Investors on record: 4

## About

Based in Beijing, China and established in 2008, CFPA Microfinance is a financial company that provides micro-credit services for rural low-income groups. The company was formerly the microfinance project department established by the China Foundation for Poverty Alleviation. The chairman of the company, Han Xinyi, graduated from the School of Economics and Management of Tsinghua University. He is the current vice president of Ant Financial.

The company's services include microfinance, microinsurance, agricultural technology training, direct selling of agricultural products, etc. The company also operates a charity fund that provides emergency donations to families experiencing temporary hardship in its project areas.

## Funding rounds

- Series C, Nov 6, 2018, $86M — TPG, PKU Collaborative Venture
- Series A, Apr 9, 2010 — Hong Shan, IFC Asset Management Company

## Investors

- Hong Shan — Series A
- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series A
- TPG (https://capitalatlas.ai/funds/tpg) — Series C
- PKU Collaborative Venture (https://capitalatlas.ai/funds/pku-collaborative-venture) — Series C