PPmoney
Latest round
- Series B
Last raised
- Dec 2016
Total raised
- $87M
Investors
- 2
About PPmoney
Founded in 2012 in Guangzhou, China, PPmoney operates as an investment management firm that connects lenders and borrowers, providing solutions for financial transactions. The company has undergone no major pivots, and no subsidiaries are mentioned.PPmoney specializes in investment management services, catering to individual lenders and borrowers. It facilitates financial transactions while addressing conflicts that may arise in the borrowing and lending process. Core offerings include a dispute resolution hotline available from 9:00 AM to 7:00 PM and a 24-hour online customer service feature.PPmoney generates revenue through service fees linked to its investment management offerings. Lenders pay nominal fees to list their financial products, while borrowers incur costs for services like dispute resolution and customer support. The transaction model is B2C, with individual clients utilizing the services directly, and pricing plans are designed to drive transaction volume while maintaining accessibility for users.PPmoney is planning to launch new products aimed at enhancing its service offerings, although specific details on these products and their release dates are currently not disclosed. The company is also exploring expansion into new markets within China, focusing on urban centers where demand for financial services is growing.000 mn, will support these initiatives, further developing their service capabilities and market reach.
Who invested in PPmoney
2 investors across 2 rounds
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Questions about PPmoney
Who invested in PPmoney?
PPmoney has 2 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 PPmoney raised?
PPmoney has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did PPmoney last raise money?
PPmoney's most recent round on record is a Series B, in Dec 2016.
What does PPmoney do?
Founded in 2012 in Guangzhou, China, PPmoney operates as an investment management firm that connects lenders and borrowers, providing solutions for financial transactions.
Where is PPmoney headquartered?
PPmoney is headquartered in Guangzhou, China.
Which VCs invest in companies like PPmoney?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at PPmoney's stage. Their profiles are linked below.
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