Lianlian Pay (Lianlian Group) is a mobile payments company founded in 2004 that operates an extensive agent network across China. Its core product supports mobile top-ups, bill payments and digital purchases through a network that also sells airline tickets, gaming credits and utilities. The company has partnered with three of China’s largest carriers and has served roughly one-third of Chinese mobile users. As part of its product roadmap Lianlian will deploy a Serve-powered digital wallet enabling consumers to top up minutes, pay bills, make purchases and send peer-to-peer payments. Financially, American Express has made a $125 million equity investment in the company and entered an operating agreement to license Serve to Lianlian. AmEx will provide technical and consulting support through a new Hangzhou office to assist the Serve partnership and rollout.

Total raised

$125M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2012