Jimubox operates a marketplace-lending platform that facilitates SME loans and individual consumption loans for under-banked Chinese borrowers. Led by founder and CEO Dong Jun, the platform provides direct investment opportunities to RMB investors. Since launching in August 2013, Jimubox has completed almost RMB 6 billion of new issue loans. The company has pioneered a multi-layer investor protection scheme including third-party credit enhancement, cash-based security deposits as first protection, and a borrower-funded mutual risk protection mechanism. It also runs investor observation groups—the "Jimu Jury"—which give select investors monthly access to additional information and documents. China e-Capital Corporation acted as the exclusive financial advisor to Jimubox for the funding round. Jimubox operates an online financial marketplace that facilitates SME loans and individual consumption loans by matching under-banked Chinese borrowers with RMB investors. Since launching in August 2013, the platform has completed almost RMB 2 billion of new-issue loans. The company emphasizes transparency, strict legal and regulatory compliance, primary due diligence on every project, and a rigid risk-management system. Jimubox has built a multi-layer investor-protection scheme including third-party guarantee companies, cash-based security deposits, a borrower-funded mutual risk protection mechanism, and investor observation groups called the "Jimu Jury." The company plans to use new capital to expand its team, enhance risk-management technology systems, develop products, and enter new regions and markets. Leadership highlights strategic cooperation opportunities with investors such as Xiaomi and positions the platform as a market leader in investor protection and transparency. Jimubox.com is a Beijing-based peer-to-peer (P2P) lending platform. The service launched in last August. According to Chinese media reports, Jimubox.com has received tens of millions U.S. dollars in Series A financing from Ventech China. The company says it will use the proceeds to expand its market share. It also plans to strengthen its core teams and enhance risk management. Further operational or financial metrics were not reported in the articles.

Total raised

$121M

Funding rounds

3

Latest round

Series C

Latest activity

Apr 2015