# Circle of Friends Internet Financial Information Services (Youxian) Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/circle-of-friends-internet-financial-information-services-yo

- Industry: Financial Services
- Headquarters: Beijing, China
- Website: www.touyouquan.com
- Total disclosed funding: $10M
- Latest round: Series A (Oct 1, 2014)
- Investors on record: 1

## About

Circle of Friends Internet Financial Information Services (Youxian) Co., Ltd. specializes in providing online financial information services, focusing on innovative solutions for users seeking accessible financial insights and tools.Founded in 2014 and headquartered in Beijing, China, Circle of Friends Internet Financial Information Services (Youxian) Co., Ltd. operates as a subsidiary that aims to revolutionize financial information accessibility. The company successfully raised USD 10.00 mn in Series A funding from Legend Capital in October 2014, marking its first and only funding round to date.The company delivers a comprehensive online financial information service that empowers users with access to a wide array of financial data and tools. Its core offering includes subscription-based services providing users with real-time insights, analytics, and financial planning resources tailored for both individual investors and businesses. The platform emphasizes user engagement and customization, ensuring that clients receive localized and relevant financial content suitable for markets including Mainland China, Taiwan, and Hong Kong.Revenue for Circle of Friends Internet Financial Information Services primarily stems from its subscription model, where users pay a fixed monthly fee for unhindered access to financial information and tools. This structure facilitates a steady revenue stream, as subscribers are likely to maintain their membership over extended periods due to the value provided by the service. The company also seeks to partner with other financial platforms and information providers to diversify its revenue channels and enhance its service offerings.Circle of Friends Internet Financial Information Services plans to leverage the recent funding of USD 10.00 mn raised in October 2014 to enhance its platform capabilities and expand its market reach. The company is focusing on developing new analytical tools and financial products, targeting a release within the next 12 months. Additionally, plans are underway to penetrate new geographic markets, specifically aiming to establish a presence in Southeast Asia by the end of 2025. These initiatives will be supported by the new funding to improve product development and marketing efforts.

## Funding rounds

- Series A, Oct 1, 2014, $10M — Legend Capital

## Investors

- Legend Capital — Series A