Participated · Equity · Jun 2018

Pintec is an independent technology platform enabling financial services in China, led by founder and CEO William Wei. Its product suite uses artificial intelligence, big data and blockchain to power consumer finance, SME loans, wealth management, robo-advisory and online insurance. Core offerings include its lending solutions platform “Dumiao” and its robo-advisory solution “Polaris,” which support installment payments, individual credit loans, SME lending, wealth management and online insurance. By the end of 2017 the company had about 200 financial and business partners, including Xiaomi, Qunar, Ctrip, BestPay, Vip.com and several securities and trust firms. Pintec has also established two Singapore joint ventures—Avatec.ai (announced 2018) for digital lending technology and Pivot Fintech (announced 2017) for wealth management technology—to serve Southeast Asia. The company plans to use the new funding to increase investment in R&D, traffic integration, risk management and operations.

Participated · Series C · Apr 2015

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.