# iTP-PAY

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/itp-pay

- Industry: Software
- Headquarters: Beijing, China
- Total disclosed funding: $4.1M
- Latest round: Series A (May 12, 2015)
- Investors on record: 1

## About

Founded in 2010 and based in Beijing, China, iTP-PAY operates as a technology company that focuses on providing mobile Internet payment solutions and related services. It was recognized as the National High-tech Enterprise. Ming Yang, the CEO of the company, graduated from Beijing University of Posts and Telecommunications, has 12 years of experience in the payment industry. Yan Feng, the deputy general manager of the company, used to serve as the operation manager of Hangzhou Miyi Technology. In May 2015, iTP-PAY raised a series A funding for CNY 25 million from new investor China-Invs Changchun Investment and an individual investor. In February 2016, iTP-PAY was listed on the New Third Board.

The company is mainly engaged in mobile Internet payment solutions. It has Zhifu Cloud SDK, which is a mobile payment product for mobile Internet developers. It provides WeChat Pay, Alipay, UnionPay, and other payment channels on behalf of access services, with payment access, information verification, data analysis, and other transaction functions.

The company generates revenue by providing mobile Internet payment products and solutions.

## Funding rounds

- Series A, May 12, 2015, $4.1M — China-Invs Changchun Investment

## Investors

- China-Invs Changchun Investment (https://capitalatlas.ai/funds/china-invs-changchun-investment) — Series A