# PPmoney

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

- Industry: Financial Services
- Headquarters: Guangzhou, China
- Website: www.ppmoney.com
- Total disclosed funding: $87M
- Latest round: Series B (Dec 12, 2016)
- Investors on record: 2

## About

PPmoney is a financial services company focused on investment management, connecting individual lenders and borrowers to facilitate smooth financial transactions and resolve disputes effectively.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. The founder's history is not specified, but the company secured CNY 375.000 mn in its latest funding round, Series B, with investments from Ants Capital and Yuetai Holdings. The total amount raised to date is CNY 375.000 mn from three deals, the most recent on July 12, 2018.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. The user base spans various demographics, including retail investors and individuals seeking loans, primarily in urban centers across China.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. The company's focus on customer service and conflict resolution bolsters its operational framework.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. The recent funding round, amounting to CNY 375.000 mn, will support these initiatives, further developing their service capabilities and market reach.

## Funding rounds

- Series B, Dec 12, 2016, $54M — Ants Capital, Yuetai Holdings
- Series A, Jan 15, 2015, $33M — Ants Capital

## Investors

- Ants Capital — Series A, Series B
- Yuetai Holdings — Series B