PingPlusPlus

SoftwareSeries BShanghai, Chinapingxx.com

Latest round

Series B

Last raised

Jan 2016

Total raised

$10M

Investors

4

About PingPlusPlus

Founded in 2014, Ping++ operates as a payment technology provider based in Shanghai, China. The company has pivoted towards comprehensive payment solutions, integrating various payment methods into a single platform.Ping++ offers a comprehensive suite of payment solutions primarily focused on facilitating multi-channel payment processing and revenue sharing for businesses. Their core product, the Ping++ aggregation payment system, integrates various payment methods into a single platform, aiding e-commerce merchants and service providers in streamlining their payment processes. The company serves a diverse clientele, including e-commerce platforms, healthcare service providers, and fitness brands, primarily within the Chinese market, with potential applications in broader Asian markets.Ping++ generates revenue through its payment processing solutions, which operate on a transaction-based model. Clients are charged fees based on the volume of transactions processed through the Ping++ platform, accommodating varying business scales from small enterprises to larger corporations. For instance, an e-commerce retailer utilizing the Ping++ platform processes customer payments, where a percentage of each transaction is retained by Ping++ as service fees. The company also offers tailored subscription plans for businesses seeking additional features or higher transaction limits. The company aims to penetrate new markets in Asia, focusing on regions such as Southeast Asia by 2018, leveraging its successful model in China.

Who invested in PingPlusPlus

4 investors across 2 rounds

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Funding rounds

  1. Series B

    Jan 4, 2016

    Amount

    $10M

    Investors

    Locked

  2. Seed

    Jun 1, 2014

    Amount

    Undisclosed

    Investors

    Locked

Questions about PingPlusPlus

Who invested in PingPlusPlus?

PingPlusPlus has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has PingPlusPlus raised?

PingPlusPlus has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did PingPlusPlus last raise money?

PingPlusPlus's most recent round on record is a Series B, in Jan 2016.

What does PingPlusPlus do?

Founded in 2014, Ping++ operates as a payment technology provider based in Shanghai, China.

Where is PingPlusPlus headquartered?

PingPlusPlus is headquartered in Shanghai, China.

Which VCs invest in companies like PingPlusPlus?

Among active investors with capital left to deploy, Yufu Capital, ICBC Capital Management, Ningbo Tongshang Fund and Boc Private Equity Firm back software companies at PingPlusPlus's stage. Their profiles are linked below.

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