# PayEco

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/payeco

- Industry: Financial Services
- Headquarters: Guangzhou, China
- Website: www.payeco.com
- Latest round: Series A (Mar 8, 2016)
- Investors on record: 6

## About

Based in Beijing, China and established in 2006, PayEco operates as a finance company which focuses on domestic and cross-border payment services. Some enterprises, such as Disney, Air China, Bank of China, Royal Park Hotel, and Amazon.com have cooperated with the company. In 2014, it acquired Enterprise Credit Evaluation AAA Grade Credit Enterprise Certificate. In July 2017, the company was listed on the New Third Board. In November 2020, Beijing Kuaishou Technology Ltd., a portfolio company of 5Y Capital, Sequoia Capital, DCM, Baidu, Inc., CMC Capital Group, Lighthouse Capital, Huaxing Growth Capital, Tencent Investment, Boyu Capital, Temasek Holdings, YF Capital, acquired PayEco.

By accessing other external data and building a data application center system, the company is committed to building a third-party data application credit platform and anti-fraud control platform for users. PayEco mainly provides online, cross-border and international payment services for enterprises, and its products cover payment scenarios such as voice, cell phone, PC and tablet. It is also involved in big data risk control and products and other businesses.

## Funding rounds

- Series A, Mar 8, 2016 — SYN Capital, Romaway.com
- Angel, Sep 17, 2015 — GF Xinde Investment, Maxwealth Asset Management, Shanghai Yaoyun Investment Management, Shaanxi Tejin Commerce & Trading

## Investors

- GF Xinde Investment (https://capitalatlas.ai/funds/gf-xinde-investment) — Angel
- Maxwealth Asset Management — Angel
- Shanghai Yaoyun Investment Management — Angel
- Shaanxi Tejin Commerce & Trading — Angel
- SYN Capital — Series A
- Romaway.com — Series A