# Hrfax.cn

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hrfax-cn

- Industry: Financial Services
- Headquarters: Hangzhou, China
- Website: www.hrfax.cn
- Total disclosed funding: $22M
- Latest round: Series B (Jun 18, 2021)
- Investors on record: 2

## About

Established in 2015 and based in Hangzhou, China, Hrfax.cn is a financial service provider that provides business, risk control, and operation solutions for traditional financial institutions. The company has about 200 employees, 80% of whom are technicians, with backgrounds in leading enterprises such as Alibaba, Ping An, etc. The company has reached cooperation with Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, Construction Bank and other financial institutions in the installment business of consumption, with a business scale of more than RMB 300 billion.

The company mainly provides consumer installment services for traditional financial institutions, including car installment, home improvement installment, parking space installment, etc. The company has also built consumer installment business platforms to provide services such as design and operation of installment products, transaction management and risk control.

The company's revenue is generated by provides consumer installment services for traditional financial institutions.

## Funding rounds

- Series B, Jun 18, 2021 — Shunwei Capital
- Series B, Mar 19, 2021, $15M — Cowin Capital
- Series A, May 29, 2020, $7M — Cowin Capital

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A, Series B
- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series B