# Shanghai Paipaidai Financial Information Service Co

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-paipaidai-financial-information-service-co

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.ppdai.com
- Total disclosed funding: $115M
- Latest round: Series C (Apr 8, 2015)
- Investors on record: 5

## About

Founded in 2007 and based in Shanghai, China, Shanghai Paipaidai Financial Information Service Co, Ltd. operates as a provider of peer-to-peer (P2P) online lending firm that connects borrowers and lenders.

## Funding rounds

- Series C, Apr 8, 2015, $40M — Lightspeed Venture Partners, Hong Shan, Legend Capital, SIG Asia Investment, VMS Asset Management
- Series B, Apr 9, 2014, $50M — Lightspeed Venture Partners, Hong Shan
- Series A, Nov 8, 2012, $25M — Hong Shan

## Investors

- Hong Shan — Series A, Series B, Series C
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series C
- Legend Capital — Series C
- SIG Asia Investment (https://capitalatlas.ai/funds/sig-asia-investment) — Series C
- VMS Asset Management (https://capitalatlas.ai/funds/vms-asset-management) — Series C