Renredai

lendingp2p lending

STATUS: Closed
FOUNDING YEAR: 2010
LOCATION: China
Last Update: 01/05/2020

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About

Renrendai is a Beijing-based company providing a P2P platform for financial services such as loans, debts, investment, and others. It targets white-collar employees and small business owners as its customers, charging borrowers a management fee of 0.3% of the borrowed money, and a service fee of up to 5% for high-risk borrowers.

Focus

PRODUCTS & SERVICES

Lending

REVENUE MODEL

The company generates revenue managememt fee i.e 0.3 % of the borrowed money and the service fee upto 5%

EXISTING PARTNERSHIPS

ECMC Group

Career Athletes

Traction

VALUATION / MARKET CAP:

$866.67 M in 2015

People

FOUNDERS

Xinhe Yi

INVESTORS:

Honghe Venture Capital

TrustBridge Partners

Momentum

FUNDED

YES

TOTAL FUNDING

$133.2 M

SEED & PRIOR FUNDING

$3.2 M

FUNDING SERIES

SERIES A  · $130 M  · ---

LISTED

NO

BASICS

STATUS:

Closed

FOUNDING YEAR:

2010

LOCATION:

China

Views:

256 VISITORS | 471 VIEWS
LATEST FUNDING ROUND

$133 M

About

Renrendai is a Beijing-based company providing a P2P platform for financial services such as loans, debts, investment, and others. It targets white-collar employees and small business owners as its customers, charging borrowers a management fee of 0.3% of the borrowed money, and a service fee of up to 5% for high-risk borrowers.

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Focus+
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Traction+
People+
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