• FOUNDING YEAR: 2011
    LOCATION:
    China
    REGION:
    Last Update:
    18 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
P2P loans, financing platform
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail Lenders, Retail Borrowers and Retail Investors

PEOPLE

FOUNDERS:
Greg Gibb
INVESTORS:
BlackPine Private Equity Partners, CDH Investments, China International Capital Corporation, Guotai Junan Securities, China Minsheng Bank

TRACTION

VALUATION / MARKET CAP:
$39.4 Billions in 2019
REVENUE:
$10M+ in 2018
REVENUE COMMENT:
Viewable by subscribers only
ACTIVE USERS:
10.0000
COMMENT:
Lufax has financed 20,000 loans worth a collective $2.5 billion (£1.6 billion) since launch. (2016)

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$1.69 Billions
DATE OF LAST FUNDING:
Jan 2016
FUNDING SERIES:
SERIES A
485 Millions Closed: Apr 2015
SERIES B
$1.2 Billions Closed: Jan 2016
LISTED:
NO

LATEST RESEARCH