# Xme Bank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xme-bank

- Industry: Financial Services
- Headquarters: Beijing, China
- Website: www.xmebank.com
- Latest round: Angel (Apr 13, 2017)
- Investors on record: 2

## About

Xme Bank is a Beijing-based financial institution specializing in providing a range of adult entertainment products and services, primarily through high-quality video streaming offerings.Founded in 2016 in Beijing, China, Xme Bank operates as a financial platform focusing on adult entertainment. The company has completed four deals, with the most recent being on September 17, 2018. They raised CNY 30.000 mn in a Series A funding round, with investments from Baika Capital and Linkage Software. The CEO and founder, Qingjin Zhang, has a history of involvement in this sector.Xme Bank specializes in offering various adult entertainment products and services, primarily through high-quality video streaming. Their core offerings include a selection of adult films and live broadcasts featuring both amateur and professional performers. The platform caters to a diverse audience, supporting multiple genres and enhancing user engagement with tailored content and personalized recommendations. The services target users in North America, Europe, and select Asian markets, aiming for a comprehensive entertainment experience for adult audiences worldwide.The company generates revenue through a subscription-based model, allowing users to access premium content for a recurring fee. Customers select from various pricing plans offering different access levels and features, such as exclusive content or ad-free viewing. Revenue is primarily derived from direct-to-consumer sales, with users subscribing online for full access to the platform's offerings. Additionally, partnerships with content creators facilitate revenue-sharing agreements that benefit both the platform and performers.Xme Bank plans to leverage its recent funding raised in September 2018 to enhance its product offerings and expand into new markets. The funds will support the launch of upcoming new products, though specific details and release dates are not disclosed. The company aims to enter new geographic regions to broaden its market presence, targeting North America and select European markets, enhancing its growth strategy.

## Funding rounds

- Angel, Apr 13, 2017 — Shanghai Meiweibuyongdeng Network Technology Co., Ltd., Albatross Venture

## Investors

- Shanghai Meiweibuyongdeng Network Technology Co., Ltd. — Angel
- Albatross Venture (https://capitalatlas.ai/funds/albatross-venture) — Angel